COVID-19: The European tyre industry braces for long-lasting impact and calls for recovery support
Brussels, 25th March 2020 – The increasingly severe impact of the global COVID-19 pandemic on our societies and economy is unlike anything we have seen before. Health concerns, supply shortages, low demand and government measures have led the European tyre industry to take decisive action. Over the past week, many member companies of the European Tyre and Rubber Manufacturers Association (ETRMA) have announced the temporary closure of their European manufacturing facilities.
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