Michelin published its market trend data for original and replacement equipment for May 2025, showing both ups and downs in different categories.
Michelin Market Overview for May 2025
When it comes to passenger cars and light trucks, demand was still down at the end of May in original equipment, with sharp decreases in Europe, penalised by uncertainties linked to the economic and geopolitical context affecting purchasing power and household consumption. Original equipment declined by 3% in Europe, with the market remaining dynamic in China (+6%), still supported by a program of public subsid...
Michelin Market Overview for May 2025
When it comes to passenger cars and light trucks, demand was still down at the end of May in original equipment, with sharp decreases in Europe, penalised by uncertainties linked to the economic and geopolitical context affecting purchasing power and household consumption. Original equipment declined by 3% in Europe, with the market remaining dynamic in China (+6%), still supported by a program of public subsid...
