Press Releases from 3hm Automotive GmbH (1 total)
Low price segment for tires surges forward
Budget tires grab nearly a third of market.
A broad spectrum of industries has experienced the significance of the “low price” segment over the past years. The resulting increase in expenditures in this seg-ment is often staggering. In German domestic air travel alone discount carriers have already captured over 40% of the market. It is, therefore, of little surprise that the trend is also quite evident in the market of passenger…