Our recent conversations with dealers leave us with the view that retail sell-out trends showed stability in November, with a slight drop in momentum from October. From a volume standpoint, surveyed dealers saw unit sales improve by roughly 1% to 2% compared to the prior year’s period, which was still the fourth highest observed growth rate in our tire demand index for the year.
MTD Exclusive: Will Mergers and Acquisitions Continue in 2020?
Mergers and acquisitions of tire dealerships dominated tire industry headlines in 2019. And they continue to do so.