Michelin has published data for November commercial vehicle tyre shipments with the commentary that: “In November in a favorable economic environment, solid OE demand weighing on RT segment in mature markets; RT US market declining vs 2016 demand boosted by Chinese pre-buy. Brazilian demand still on a strong recovery trend.”
Europe
European OEM CV tyre shipments improved by 10% (by 11% if Russian and CIS markets are netted out) during November. Shipments to aftermarket vendors were up by
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