Our recent conversations with dealers leave us with the view that retail sellout continues to climb upwards on a year-over-year basis compared to March 2021.

Our recent conversations with tire dealers leave us with the view that retail sell-out trends are climbing on a year-over-year basis.

Recent dealer commentary suggests that consumer demand for replacement passenger and light truck tires during January 2022 was higher on a net basis compared to January of last year and slightly above January of 2020. 

Recent conversations with tire dealers leave us with the view that retail sell-out trends are climbing on a year-over-year basis versus the same period last year.

From economic issues to new and used car availability, there are plenty of outside forces impacting the tire industry. Analyst John Healy discusses these topics and why he thinks tier-one tiremakers are in a good spot for 2022.

The whole tire industry is waiting to see what happens next as Goodyear Tire & Rubber Co. integrates the Cooper Tire & Rubber Co. business into its portfolio. One thing John Healy knows is that Goodyear has found even more savings than the $165 million the tiremaker initially expected to realize.

All the acquisition activity of 2021 adds up to momentum, and industry analyst John Healy is looking for it to spill over into 2022. He says conditions are showing this year could be even stronger.

Pricing actions were frequent in 2021, and more have already rolled into the new year,. Analyst John Healy says on average those price hikes resulted in a 20% increase over 2020 prices. Interestingly, he says the cost to build an average tire went up 24% in 2021.

From surprise acquisitions to supply chain, pricing and labor challenges, 2021 delivered plenty of punches. Industry analyst John Healy has tracked them all and has insights for tire dealers of what issues will be the most important to monitor in the months ahead.

Our recent conversations with tire dealers leave us with the view that retail tire sell-out trends are climbing upward on a year-over-year basis.

Recent dealer commentary suggests that demand for consumer tires last month was higher on a net basis than it was during the same month in 2020.

Looking closely at raw material costs, we note that the “basket” of raw materials needed to build a common replacement tire has increased 23.7% on a year-over-year basis.

Our recent conversations with dealers leave us with the view that retail sell-out trends are continuing to improve on a year-over-year basis, while also showing strength over 2019 levels. However, activity levels did fall slightly from what our dealer base experienced last month.

Last month, I reported that retail sell-out trends were starting to cool down. But it appears that this might have been an anomaly, based on more recent data. Recent dealer commentary suggests that demand for passenger and light truck tires at the retail level has rebounded from prior-month levels.

Retail tire sell-out trends have continued to improve on a sequential basis and are picking up even more steam — not only year-over-year, but also when compared to pre-pandemic levels. Tire industry analyst and author of MTD's monthly Your Marketplace column John Healy explains why.

Following recent trends, our latest conversations with dealers leave us with a view that retail sell-out trends are continuing to trend downward, showing decreases on a sequential basis since this past October.

Feedback from dealers leaves us with a view that retail sell-out trends showed strength in October with a notable pickup in momentum from September. From a volume standpoint, surveyed dealers reported they saw unit sales improve roughly 1% to 2% compared to the prior year’s period and came in as the third highest observed growth rate in our tire demand index for the year.