A slight increase in the automotive market in 2015 will restrain the growth of tire demand

According to statistics, in January 2015, domestic commercial vehicles sold 317,700 units and 281,600 units, and their sales volume decreased by 19.32% month-on-month, a year-on-year decrease of 9.04%. Compared with January 2014, the truck market was still bleak. Excluding the increase of 6.33% in micro-trucks, all other market segments fell, and medium-sized trucks fell to the worst market segment by -32.30%.

Industry insiders expect that the auto market will continue to maintain a slight growth this year. Sales in overseas markets will be difficult to make up for the decline in the growth rate of the domestic market as the largest auto sales country. This will have a greater impact on the demand for tires .

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