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Truck Tire Shipments Set 2017 Records

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

February 15, 2018, by Bob Ulrich, MTD

The domestic tire industry reached two milestones in 2017. Replacement truck tire shipments totaled 19.2 million units, a record high. (According to U.S. Tire Manufacturers Association preliminary figures, the totals will be around 19.4 million.)

Replacement light truck tire shipments reached their high-water mark last year, which is surprising considering there was a 20.5% drop in truck tire imports from China.

Original equipment shipments were down, up and up. Passenger units were down close to 5%, perhaps due in part to the disappearing spare. The American Automobile Association says 28% of the 2017 model-year vehicles came without spare tires. Temporary spares also are not counted in the shipments.

In contrast, light truck units were up 10%, and truck tire shipments were up 7.5%.

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