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Higher 2024 tire shipments predicted for U.S. market

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 335.7 million units in 2024, compared to 331.9 million units in 2023 and 332.7 million units in 2019. This surpasses the previous record of 335.2 million units in 2021.

Compared with 2023, original equipment shipments for passenger, light truck and truck tires are expected to change by 1.4 percent, 2.6 percent, and -3.3 percent respectively, with a total increase of 0.6 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by 0.5 percent, 2.8 percent, and 5.9 percent respectively, with a total increase of 3.2 million units.

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