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In the catbird seat again: a tire surplus in the next decade means efficient independent dealers will prosper. (Industry Overview) (column)
In the catbird seat again
A tire surplus in the next decade means efficient independent dealers will prosper.
Despite dire predictions from economists, the anticipated recession hasn't happened. The tire industry, so far in 1989, has fared rather well. RMA projections call for replacement tire sales of 157 million units this year, and it appears that's where we're headed.
According to tire company forecasters interviewed for Tire Review's August issue, manufacturers anticipate from 156 million units (Goodyear) to 158 million units (Firestone) shipped to the replacement market by year's end.
It seems safe to assume that growth will be in …
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Magazine article from: Tire Review
Hone, Jack
September 1, 1989
700+ words
