OEM demand from both the auto and truck industries continued weakening in the last quarter and replacement demand was only moderately up. Simultaneously, Speciality benefited from the continuing strong demand for tyres for mining equipment and aircraft, whereas demand for agricultural and construction equipment collapsed.
25 Oct 2019
Tyre demand continues weakening but full-year profit will be up
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Tyre demand continues weakening but full-year profit will be up
- Published:
25 Oct 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
OEM demand from both the auto and truck industries continued weakening in the last quarter and replacement demand was only moderately up. Simultaneously, Speciality benefited from the continuing strong demand for tyres for mining equipment and aircraft, whereas demand for agricultural and construction equipment collapsed.