Analyst Nick Mitchell follows more than just results from publicly traded tire and automotive companies for Northcoast Research Holdings LLC. He also tracks tire pricing and demand by tier. When asked how the tire tiers fared against each other last year, Mitchell said Tier 2 and Tier 3 brands outperformed Tier 1 brands through the first 10 months of the year based on unit growth. We agree, and the market share changes in the charts below compared to 2016 reflect that.
Profiling tire dealers reveals strength in numbers.
Since Modern Tire Dealer began assembling the list of low rolling resistance truck tires that are SmartWay-verified, the number of qualifying tires and brands has increased dramatically. In the last three years, the number of SmartWay-verified truck tires has doubled, from 612 steer, drive, all-position and trailer tires in 2015 to 1,226 truck tires this year. Compared only to last year, the number is up 23.4%. The number of brands on the list has spiked as well over the same three-year period, from 193 to 270. The U.S. Environmental Protection Agency (EPA) says using SmartWay-verified tires can achieve fuel savings of 3% if: All tires are properly inflated, based on the manufacturer’s specifications. They are used on Class 8, line-haul tractor trailers. They are used on the axle positions for which verification is specified. (For tractors equipped with 6x2 drivetrains, verified steer or trailer tires may be used on the tag axle with tire manufacturer approval. Even if low rolling resistance tires are only used on the tractor or trailer, the EPA says there will be incremental fuel savings.
To be on MTD’s list of the top 25 commercial tire dealers in the U.S., a dealer has to sell truck tires, have at least one retreading plant, and offer 24/7 road service. The top 25 are determined by MTD’s own point system and then ranked by estimated commercial sales. The 2017 list includes executives, brands carried, retread shops, service trucks and more.
From Discount Tire with 940 locations to Action Tire with 12 stores, Modern Tire Dealer ranks the top 100 independent tire dealers in the U.S. by number of retail, commercial and combination commercial/retail outlets. MTD's exclusive list also shows wholesale outlets and the tire brands sold by each dealer. The 2017 MTD 100 concludes with a look at mass merchandisers, warehouse clubs and other channels for selling tires.
High performance and ultra-high performance numbers for 2016
2016 Top 25 Commercial Tire Dealers in the U.S.
EPA SmartWay-verified low-rolling restance retread technologies 2016
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