Q4 Caps Off Weak Year

摘要

The 2017 financial results reported from tire manufacturers disappointed relative to initial expectations set for the year. Raw material volatility disrupted pricing strategies, and total 2017 volumes in the U.S. market declined by 0.5% due to flat consumer replacement shipments and weak consumer OE demand. More recently 2017 fourth quarter financials were mixed with winners and losers driven in part by varying promotional efforts that impacted market share and inventories.