Export market analysis of Chinese tire 2011

North American region is the No.1 export market for Chinese tires industry, but other parts of Europe and Latin America has better growth (see below). The global auto market statistics of January-August 2011 shown that Europe and Latin America has good growth of car sales (German car sales increased in August, up 18.3%. France, Spain also rose rapidly, while Brazilian car sales declined in August, but the total YTD sales volume was up 4.9%). The above factors led to high demand for tires.