A method for manufacturing tyres for vehicle wheels, comprising the steps of: a) building in a building station a substantially cylindrical carcass structure comprising at least one carcass ply operatively associated to annular anchoring structures axially spaced apart from each other; b) manufacturing in a finishing station a substantially cylindrical sleeve comprising a tread band applied at a radially outer position with respect to a belt structure comprising at least one belt layer including reinforcing cords substantially parallel to a circumferential development direction of the sleeve, said finishing station comprising a displacing apparatus adapted to support a first auxiliary drum and a second auxiliary drum and to position said auxiliary drums (19, 20) at a plurality of working positions at which the operating steps required for manufacturing the substantially cylindrical sleeve are carried out, said step b) comprising the steps of: b1) assembling a first belt structure at a first working position on said first auxiliary drum of the finishing station; b2) applying a tread band at at least one second working position at a radially outer position with respect to a second belt structure previously assembled on said second auxiliary drum of the finishing station, said application step being carried out by laying down according to a predetermined path at least one continuous elongated element (27, 28) of green elastomeric material at a radially outer position with respect to said second belt structure; b3) positioning the first auxiliary drum supporting the first belt structure at said at least one second working position; b4) positioning said second auxiliary drum supporting the substantially cylindrical sleeve thus obtained at a picking position of the finishing station; c) transferring said substantially cylindrical sleeve from said picking position of the finishing station at a radially outer position with respect to a carcass structure built in the meantime in the building station; wherein said first and second auxiliary drums are slidably supported by the displacing apparatus; wherein said steps from b1) to b4) are repeated cyclically; wherein steps b1) and b2) are carried out at least in part simultaneously with one another; and wherein steps b3) and b4) are carried out at least in part simultaneously with one another. a) building in a building station a substantially cylindrical carcass structure comprising at least one carcass ply operatively associated to annular anchoring structures axially spaced apart from each other; b) manufacturing in a finishing station a substantially cylindrical sleeve comprising a tread band applied at a radially outer position with respect to a belt structure comprising at least one belt layer including reinforcing cords substantially parallel to a circumferential development direction of the sleeve, said finishing station comprising a displacing apparatus adapted to support a first auxiliary drum and a second auxiliary drum and to position said auxiliary drums (19, 20) at a plurality of working positions at which the operating steps required for manufacturing the substantially cylindrical sleeve are carried out, said step b) comprising the steps of: b1) assembling a first belt structure at a first working position on said first auxiliary drum of the finishing station; b2) applying a tread band at at least one second working position at a radially outer position with respect to a second belt structure previously assembled on said second auxiliary drum of the finishing station, said application step being carried out by laying down according to a predetermined path at least one continuous elongated element (27, 28) of green elastomeric material at a radially outer position with respect to said second belt structure; b3) positioning the first auxiliary drum supporting the first belt structure at said at least one second working position; b4) positioning said second auxiliary drum supporting the substantially cylindrical sleeve thus obtained at a picking position of the finishing station; b1) assembling a first belt structure at a first working position on said first auxiliary drum of the finishing station; b2) applying a tread band at at least one second working position at a radially outer position with respect to a second belt structure previously assembled on said second auxiliary drum of the finishing station, said application step being carried out by laying down according to a predetermined path at least one continuous elongated element (27, 28) of green elastomeric material at a radially outer position with respect to said second belt structure; b3) positioning the first auxiliary drum supporting the first belt structure at said at least one second working position; b4) positioning said second auxiliary drum supporting the substantially cylindrical sleeve thus obtained at a picking position of the finishing station; c) transferring said substantially cylindrical sleeve from said picking position of the finishing station at a radially outer position with respect to a carcass structure built in the meantime in the building station;