Tyre sales and shipment data released by Michelin for August/September confirm the ongoing divergence in fortunes between the markets in Europe, North America and Brazil.
As previously noted, Michelin data is especially useful when attempting to analyse European trends, as it provides forward-looking guidance in terms of likely build rate as opposed to the retrospective information that ACEA registrations data offers. Michelin now breaks out European data into two segments – that which includes Russia and CIS markets and that which doesn’t. While the net figure still includes Turkey in its data, removing Russia gives
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