2019 Passenger Tire Replacement Shipments To Decline Slightly

The U.S. Tire Manufacturers Association projects that 2019 U.S. tire shipments will decrease 0.7 percent to 327.0 million units when compared to 2018. Passenger tire replacement shipments are expected to decline 0.3 percent to 217.40 million. The association notes that 2018 passenger tire replacement shipments were historically strong. Replacement light-truck tire shipments are expected to increase 0.8 percent to 31.50 million units.