I love it when I'm looking through an old magazine and find a tire ad. It's interesting in so many ways, from the tread pattern to who is selling the tire. However, the most fun is checking out the price of the tire.
Tire manufacturers continue to see high-value-added (HVA) tires as the way to increased profitability. Need proof? According to the Tire & Rim Association, there are 65 18-inch sizes, more than any other rim diameter.
Tire pricing improved slightly in September, says industry analyst and Modern Tire Dealer columnist Nick Mitchell. But there are also early signs of some price drops coming into play for the final quarter of 2017.
Consumer demand for replacement passenger and light truck tires improved in June compared to June 2016. It was the second consecutive month volumes improved on a year-over-year basis.
When tire dealers get together in an open forum, they can talk about almost anything. Stiff competition. Eroding or improving supplier-dealer relationships. The effect low-cost Chinese tires are having on their businesses.
High-value-added passenger tires is the buzz phrase in the tire industry right now. Also known as HVA tires, they are defined by some companies as tires 17 inches and above in size, by others 18 inches and above. Either way, they are trending upward.
The January 2017 Facts Issue features a record 42 charts and graphs. That includes an expanded "Pricing and Sizes" section.
The average price of a light vehicle tire decreased 0.1% in July compared to June. Light vehicle pricing also decreased 0.5% in June compared to May.
To increase its sagging but still signifcant tire sales, Sears Holdings Corp. is trying to leverage its DieHard brand name.
Demand for replacement tires was “fairly solid” in March, according to Nick Mitchell, senior vice president and research analyst at Northcoast Research Holdings LLC. He bases his assessment on the results from the monthly Northcoast Research Tire Demand Index.
With Black Friday behind us, it isn't surprising that both Sears Holding Corp. and Wal-Mart Stores Inc. were advertising their tire deals.
In an organized gathering of retailers, no one is allowed to broach the subject of pricing. There are laws against discussing that topic in such a setting.
Some of the largest independent tire dealers in the country visited the Specialty Equipment Market Association (SEMA) Show in Las Vegas Nov. 3-6.