TYRE MAKERS * Italy: Pirelli's too, it's entering USA
* Milano - Why Pirelli has its sights on U.S. truck and bus fleets
Pirelli is the latest tire manufacturer to join the charge into the North American truck and bus tire market. The company announced late last month it planned to supply the U.S. and Canada through a dedicated new entity called TP Commercial Solutions LLC... The medium and heavy commercial tire segment is forecast to be the fastest-growing tire segment in the market to 2020, according to a February report from analysts TechSci. Several major tire manufacturers, including Michelin, Armstrong and China’s largest privately held tire manufacturer, Triangle, have announced their plans to supply bus and truck tires into the North American market in recent months... Combined, the U.S. and Canada bus and truck tire market is the world’s largest in terms of value... Pirelli already supplies bus and truck tires and fleet management solutions to the global market, and the latest move represents an aggressive push of the company’s industrial business unit into North America... Pirelli owns and operates truck tire manufacturing facilities in Brazil, China, Egypt, and Turkey...
Milano, Italy - Traction, by Daniel Hatch - April 18, 2016
Labels: tire makers news worldwide