Sparks Tire Commercial Tire Inc. and Fountain Tire Ltd. are two very different OTR tire dealerships — most notably, in their number of locations and the geographies they cover. Executives from both companies recently shared their take on what the OTR tire market will look like in 2021.
Paolo Ferrari, president, CEO and COO of Bridgestone Americas Inc., returned to North America at an interesting time. He assumed his current role on Jan. 15, a few months before the COVID-19 pandemic struck the continent.
According to the results of our survey, demand for passenger and light truck replacement tires was essentially flat in October despite a slightly adverse calendar shift and headwinds from uncertainty surrounding the presidential election.
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.
According to the results of our survey, demand for replacement tires increased in December. Indeed, from a volume standpoint the dealers reported they sold 0.8% more tires in December on a year-over-year basis, following a 0.6% increase in November and a 0.1% increase in October.