Not quite four years ago Amazon picked its first partner for tire installation and balancing services. Consumers buying any tire on Amazon.com could have it installed at any of that installer’s 400-plus stores. Today, that entire network of stores has closed.
To say 2021 was a good year for truck and bus tires in the replacement channel is a bit of an understatement. In market data compiled by Michelin Group, the year-to-date demand was always double-digits ahead of the mark in North America and Central America.
Business management books are a dime a dozen. Some are great. Some are not-so-great. I happen to enjoy books written by - or about - tire dealers. But up until recently, I had never read a tire industry-related book quite like “And Why Not? Morality and Business.”
Each July, MTD presents the most anticipated tire industry ranking of the year - the MTD 100, which is the most comprehensive look at the 100 largest independent tire dealerships in the U.S. that you will find anywhere.
As automakers over the past year have been playing whack-a-mole — attacking everything from COVID-19 production shutdowns, part and microchip shortages, and supply chain problems — it means there have been plenty of disruptions at the neighborhood car dealership. And that presents tire dealers with opportunity, but also some fresh challenges.
Monro Inc. has its eyes on the southwestern U.S., and the nation's third-largest tire dealer, which is known for its aggressive growth-by-acquisition strategy, now says it's ready to build stores from the ground up if it can't find properties to buy in this market.