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March 12, 2012

More tire price hikes are on the way, Ludwig predicts

“Last month I wrote that due to sharply lower raw material costs during 4Q11 I would not expect to see any further tire price hikes anytime soon. Unfortunately that was a wrong call because predictability of future raw material prices is all but impossible,” says tire industry analyst Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: butadiene, carbon black, Ludwig Report, Natural Rubber, Saul Ludwig, styrene, Tire prices

February 22, 2012

Consumer tire sales should increase, Ludwig says

"For sure, the retail consumer tire business was rather lackluster in 2011 as the combination of high gasoline prices (that led to a decline in miles driven), high unemployment and low consumer confidence led to tire buying deferral," says tire industry analyst Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig

Comments(2)

October 17, 2011

'It's tough it out time' again, says Ludwig

"The challenge of selling big ticket products in today’s economic climate is indeed daunting and to boot, with most tire companies just having announced a new round of price hikes, your job won’t get any easier," says tire industry analyst Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig, Winter tires

May 27, 2011

High fuel prices impact tire demand, Ludwig says

"Besides my regular channel checks with tire dealers and manufacturers, I speak often with suppliers of raw materials including producers of synthetic rubber, carbon black, steel cord and polyester,” says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine. "Their message is that they cannot keep up with demand from tire manufacturers."

Tags: Fuel prices, Ludwig Report, Saul Ludwig

March 27, 2011

Ludwig: 'Consumer tire demand to increase'

"As expected, wholesale tire prices are going up as much as 8% in March as raw materials took a big jump up in January 2011,” says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Raw material costs, Saul Ludwig

August 17, 2010

Pirelli's N.Y. office is a 'major step,' Ludwig says

"I note with interest Pirelli Tire North America’s move to establish a sales and marketing office in New York while keeping its U.S. headquarters in Rome, Ga.," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Pirelli, Saul Ludwig

July 19, 2010

Replacement tire shipments rose 12%

"In the first five months of 2010, manufacturers shipped 12% more consumer replacement tires to dealers and/or wholesalers than in the same five months of 2009, yet I estimate that retail sell-out may have increased about 3%," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Replacement tires, Saul Ludwig, Tire shipments

May 12, 2010

Manufacturers are scrambling to boost output, Ludwig says

"I'll bet you are having problems getting all the consumer tires you want from your supplier," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Fill rates, Ludwig Report, Saul Ludwig, Tire inventories

April 14, 2010

Ludwig: Now's a good time to rebuild inventory

“If your business hasn’t picked up smartly so far in 2010, you had better look at why not,” says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig

March 31, 2010

Inventories are historically low, Ludwig says

"Even though manufacturers increased tire prices in January by up to 6%, that may not be sufficient to cover raw material costs that have moved even higher since the price hikes were announced," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig, Tire inventories

March 9, 2010

Expect retail tire demand to improve, says Ludwig

"In case you didn't notice, tire shipments to OEM auto manufacturers rose a whopping 26% in December, and this strength is expected to continue through the first quarter of 2010, at least," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig

February 2, 2010

Tire demand to improve in 2010, Ludwig says

"As I suggested late last year, Chinese imports fell 50% in October and I expected a similar falloff in November and December," says Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: Ludwig Report, Saul Ludwig

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