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.
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.
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.
Is retail tire sell-out starting to cool down? Our recent conversations with dealers leave us with the view that retail sell-out trends have stalled on a year-over-year basis.
