Modern Tire Dealer (MTD) and Heavy Duty Trucking (HDT) magazines have completed an in-depth research project that provides an expansive look at truck tires and their maintenance.
According to the results of our survey, demand for replacement tires was flat in January. Indeed, from a volume standpoint the dealers reported they only sold 0.1% more tires in January on a year-over-year basis, following a 0.7% increase in December and a 0.9% increase in November.
Fewer wholesale tire distributors were having a good year through the first nine months of this year than they had the previous two years. A lot fewer.
You’re sitting on top of the world. Your shop is booked solid for the full day and business has been great. Nothing could possibly go wrong. Right?
According to Modern Tire Dealer’s new “Retail Tire Customer Survey,” 52.5% of the retail customers who come into a dealership to buy tires do not specify brand.
With one quarter in the books, how is your business performing in 2011? To find out, compare your numbers with those from your fellow independent tire dealers.
If you compare the results of Modern Tire Dealer's "Exclusive State-of-the-Industry Survey" for the first quarter of 2011 with results from our 1Q 2010 survey, you will see two different tire sales trends. Overall, unit sales are down a little bit, while dollar sales are up a lot.
For the majority of independent retail and wholesale tire dealers, 2010 was a big year -- even in addition to the price increases.
What is the profile of the average independent tire dealer in the United States? The answer may be found in the 2009-2010 Modern Tire Dealer Automotive Service Survey.
Independent tire dealers in the United States performed close to 16 million alignment jobs representing more than $1.3 billion in sales in 2009.
What is an average independent tire dealer's profit margin on a specific automotive service? And how closely does the average compare to the median percentage?
The average and median number of service bays per independent tire dealership is five, according to the 2009-2010 Modern Tire Dealer Automotive Service Survey. In total, independent dealers perform more than $17 billion in annual service work in 145,000 bays.
The latest automotive service survey from Modern Tire Dealer sheds some light on what goes on in the service bays of your peers. This week, we look at exhaust system work, which represents 2.2% of all automotive service dollars.