Analysis of Tyre Industry in Q2
2013-06-20
China Tyre Association investigaed ten major tyre makers and their operation in April showed that production volumes increased by 1.2%, and exports of tyre increased by 7.5%, and sales growth of these companies increased moderately over Q1.
This can be attributed to the recovery of steel and concreat industry, freights as well as sales of autp industry in Q2. 1.49 million passenger cars and 1.44 units were produced and sold in April, and the figure were 401,000 units and 400,000 units for commercial vehicles, up 17% and 15% over last year.
