Alliance Tire to Launch Constellation Range of Truck Tires
Alliance
Tire Group planning to Launch Constellation Truck Tires with 13 New Tread Patterns.
United
States: Alliance Tire
Group B.V. (ATG) is planning to launch new range of Constellation truck tire brand.
The company is mainly focusing on the United States medium radial truck segment
with the launch of new tire series. Constellation truck tire would come in 13
different tire tread patterns, for multiple applications.
The Sales Manager (National Truck Tires)
of Alliance Tire Americas, Inc. stated that the brand would complement the
company’s current product lines. Furthermore, the brand would also offer highly
competitive truck tire range to its dealers’ in the region. The company has
considered industry’s best OTR as well as farm tire selection, which would be
fulfilled by the new truck tire brand.
The new range of truck tires are being
manufactured in Thailand at DOT-certified facility with ISO 14001, OHSAS 18001,
ISO 9001:2008, and ISO/TS 16949 certifications. The new tires would come with a
five-year warranty or a two year retread warranty.
As per TechSci Research, Alliance Tire
does not rank among the top tire players in the United States tire market.
However, with the launch of new truck tire range across the country, the
company would able to expand its presence, majorly, in the truck tire market of
the country. Also, with the introduction of new advance truck tires by
Alliance, the company is expected to enhance its sales revenue over the coming
period in the United States.
According to the recent report published
by TechSci Research, “United
States Tire Market Forecast and Opportunities, 2021’’, demand for tires in the United States
is forecast to grow at a CAGR of over 5%, in volume terms, during 2016-2021.
The vehicle fleet of the country is dominated by passenger car segment,
followed by light commercial vehicles, medium and heavy commercial vehicles,
off-the-Road (OTR) vehicles and two-wheeler segment. As a result, the passenger
car tire segment held the largest volume share in the country’s tire market in
2015, and its dominance is anticipated to continue during the forecast period
as well.