Items Tagged with 'replacement tire sales'

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Demand Trends Continue to Gradually Improve After Challenging Start

Demand Trends Continue to Gradually Improve After Challenging Start

According to the results of our survey, demand for passenger and light truck replacement tires improved in August. The latest performance marks the fourth consecutive month of healthier, albeit far from strong, trends after a very challenging start to the year. Anecdotal commentary from dealers indicates that demand was fairly steady throughout the month.
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Dealers Speculate Passenger Tire Volumes Will Increase Going Forward

Dealers Speculate Passenger Tire Volumes Will Increase Going Forward

According to the results of our survey, demand for replacement tires was slightly better than flat in July despite greater-than-normal volatility in the sample of responses. Indeed, from a volume standpoint the dealers reported they sold marginally more tires last month relative to the previous year, following a 1.1% increase in June and a 0.6% decrease in May.
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Dealers are optimistic about sales increases for the next three months

Dealers are optimistic about sales increases for the next three months

According to the results of our survey, demand for replacement tires increased in May. From a volume standpoint, the dealers reported they sold 0.3% more tires in May on a year-over-year basis, following a 0.2% increase in April and a 0.3% decrease in March. We are encouraged by the fact that demand trends remain positive after the sharp decline witnessed in February.
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