CV tyre data shows Europe delighting, Brazil brightening, N America faltering

Michelin’s April truck tyre data supports other sources’ indicative trend of surprising strength in Europe’s truck market. By Oliver Dixon

Michelin has published data for April commercial vehicle tyre shipments with the following commentary: “Still improving European replacement market based on some further pre-buy, better economic environment, despite one fewer day of sales; North America demand weaker following price hikes and strong early-year Chinese imports; OE markets trending down in Europe and Brazil due to fewer days of sales and still downwards demand in the United States.”…

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