By Mathias de Rozario

(Reuters) -French tyre maker Michelin reported a 6.6% decline in sales in the third quarter of the year, below market expectations, citing worse-than-expected business conditions in the North American market

The group’s sales came in at 6.25 million euros ($7.29 million) compared to 6.34 million euros in a company-provided consensus.

“The group’s entire volume loss in the 3rd quarter was concentrated in North America. Outside North America, the group recorded volume growth,” Chief Financial Officer Yves Chapot said on a call with journalists.

The region was particularly affected by a decline in the truck market following the postponement of vehicle emissions regulations in the U.S. and the impact of Chinese retaliatory measures on North American farmers’ incomes.

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