Items Tagged with 'tire inventories'

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Look for Results Next Month to be More Positive

Look for Results Next Month to be More Positive

According to the results of our survey, demand for replacement tires decreased slightly in May. Indeed, from a volume standpoint the dealers reported they sold 0.6% fewer tires in May on a year-over-year basis, following a 0.2% decrease in April and a 0.1% decrease in March.
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Dealer Opinions are Split on Tire Demand Trend Forecast

Dealer Opinions are Split on Tire Demand Trend Forecast

According to the results of our survey, demand for replacement tires decreased slightly in April. Indeed, from a volume standpoint the dealers reported they sold 0.2% fewer tires last month on a year-over-year basis, following a 0.1% decrease in March and a 0.9% increase in February.
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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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Strong traffic trends benefited repair departments

Strong traffic trends benefited repair departments

According to the results of our survey, demand for replacement tires increased slightly in March. Indeed, from a volume standpoint the dealers reported they sold 0.3% more tires In March on a year-over-year basis, following a 0.7% decrease in February and a 0.1% increase in January.
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