With 12 warehouses and a wholesale tire operation that covers much of New York and Pennsylvania, Moore’s Tire Sales Inc. is experiencing a big business boom. In the first three months of 2021, owner Bill Watkins said the company recorded a $4 million increase in sales. And at the start of the second quarter, the 43-person sales team hit its monthly quota more than a week ahead of schedule.
2021 Tire Shipments Expected to Beat Pre-Pandemic Figures
August 3, 2021
The U.S. Tire Manufacturers Association expects total tire shipments in 2021 to exceed pre-pandemic levels, according to the group’s latest estimates. And the newest projections show a notable increase in every segment of the replacement tire market.
Monro Inc.’s latest financial report shows the nation’s third-largest independent tire dealer is emphasizing automotive service in its rebound from the COVID-19 pandemic. Alignments and brake sales were both up more than 50% in the most recent quarter.
American Tire Distributors Inc. is increasing its flat-rate shipping rates on passenger, light truck and trailer tires ordered through ATD Total Access, a program that gives independent tire dealers access to ATD’s national inventory beyond their local network.
The International Trade Commission has ruled most of the tariffs on passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam will remain in place, but there is one big exception.