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Bad Finish: Tire, Service Sales Close Out Year Below 2008 Levels
January 14, 2010
The topsy-turvy tire and auto service year closed as it began, sliding down in December after an unexpected up-tick in late November. All tire and service sales segments measured appear to have ended 2009 at levels below those posted in 2008.
Click here for January 2010 charts.
The Tire Review Dealer Panel reported that final November 2009 tire unit sales were 2% higher than those from...
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Back and Forth: After October Climb, Tire and Service Sales Decline - Again
December 15, 2009
Consistency, thy name is not “tire and service sales.” After an October that saw tire and service sales improve year-over-year, it was back to more of the same in November with sales falling below those of November 2008. That has been the theme in 2009, where for one month sales edge up to level or slightly better, and show a decline the following month.
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Making a Move: After September Lull, Tire and Service Sales Show Improvement
November 23, 2009
It’s not quite time to break into a rousing chorus of “Happy Days Are Here Again,” but we appear to be getting closer.
Our nationwide panel of retail tire dealers indicates that tire unit and automotive service sales picked up in October with all tire and service segments rebounding from a poor September and sales are now even with last year through October...
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Getting Closer: Tire, Service Sales Almost Level with Last Year’s Marks
October 14, 2009
After showing a continued improvement in sales of both tires and service in May and June, our nationwide panel of tire dealers says that July-September vehicle service sales remained just 2% off last year’s mark, and tire sales were down just 1% year-over-year.
July’s final tire sales results, according to the Tire Review Dealer Panel, were just 1% off July 2008 sales, but final...
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Holding Steady: Dealers See Three Consecutive Months of Level Sales
August 15, 2009
Do three months count as a trend? If so, then perhaps we’re seeing the
start of a rebound as our Dealer Panel has now reported three straight
months May, June and July of level tire and service sales.
Click here for August 2009 charts
While
those months have traditionally been strong ones for automotive sales,
coming off of the past 12 months it has been refreshing to...
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Back to Even: Level June Backs Up Surprising May Reversal
July 15, 2009
Level is certainly better than negative. So U.S. tire dealers should be happy that preliminary results show that tire unit and auto service sales for June were level with those of June 2008.
Click here for July 2009 charts
And that result follows a May that saw tire and service sales stay even with the same month last year.
While it may still be too early to call it a clear upward trend...
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Down Again: May No Flower as Spring Tire, Service Sales Drop
June 15, 2009
February and March showed some signs of growth with a slight upturn in tire and service sales. April sales results stayed neutral. But May tire unit and service sales took yet another tumble.
Click here for June 2009 Charts
Tire Review’s exclusive dealer panel reported tire unit sales leveled off in final April results, down just 3% vs. the same month last year. Preliminary numbers...
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Leveling Off: After Brief Rise, Service and Tire Sales Flatten
May 14, 2009
After seeing a slight upturn in sales for February and March, preliminary April tire and service sales from our nationwide panel of retail tire dealers show a leveling off. Final March results, while slightly down from preliminary results, still came in at reasonable levels: 97.6 for tire unit sales and 97.8 for service sales when compared to March 2008.
Click here for May 2009 Charts
Early...
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Upward Trend?: Tire, Service Sales Build on February Climb
April 14, 2009
Preliminary March sales numbers from our nationwide panel of retail tire dealers show a continuing upward trend for both tire unit and service sales, building on the uptick witnessed in February. Month-over-month, sales are still below last year’s levels, but the trend (if two months makes a trend) is in the right direction.
Click here for April 2009 charts
Tire Review’s...
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Slight Bounce: Tire, Service Sales Hint at Possible Turnaround
March 13, 2009
Preliminary February sales numbers from our nationwide panel of retail tire dealers indicate a bottoming out in sales in terms of both tire units and service dollars vs. February 2008. Perhaps consumers can’t continue to postpone purchases any longer, or it is just a brief bump up.
Click here for March 2009 charts
Tire Review’s exclusive dealer panel reported extremely weak...
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Where is the Bottom?: Tire, Service Sales Keep Falling, Hit New Lows
February 12, 2009
Preliminary January sales numbers from our nationwide panel of retail tire dealers indicate a continued drop in tire and service sales, a trend that surfaced in April 2008. Both tire unit sales and service sales in dollars declined heavily vs. January 2008. Clearly, consumers continue to postpone purchases.
February 2009 Charts
Tire Review’s exclusive dealer panel reported weak...
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Dismal Year Ends: December Sales Continue Sharp Autumn Fall Off
January 13, 2009
The year 2008 came to a close with a resounding thud, as retail tire unit and vehicle service sales across the U.S. continued to plummet. Overall, tire and service sales have shown consistent year-over-year drops since April 2008.
Click here for January 2009 charts
Preliminary data from the Tire Review Dealer Panel showed December tire unit sales off 1.3% and service sales down 1.5% vs...
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Still Slipping: November Sales Continue 2008’s Declining Trend
December 15, 2008
The bad news continues for tire dealers as the downward trend that started in the spring held out through November.
Click here for December 2008 charts
Preliminary November sales results from our nationwide panel of retail tire dealers show a continued falloff in tire and service sales for November 2008 vs. November 2007. Clearly, Consumers are continuing to postpone tire and service ...
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Free Falling: Slowndown Pushes Tire, Service Sales to New Lows
October 31, 2008
After showing a slight bounce in September, retail tire unit and service sales took a nosedive in October, according to preliminary results from Tire Review’s Dealer Panel. Results show a dramatic drop in sales for October 2008 vs. October of 2007, continuing the drop-off started in mid-September. Clearly, the poor economic news has created a situation where consumers are postponing purchases...
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Slight Bounce: Sluggish August Gives Way to Mild Service Rebound
October 09, 2008
While dealers remain concerned over the economy, preliminary sales numbers from our panel of retail dealers indicate some positive movement. After another slide in August, tire and service sales showed some strength in September.
Click here for October 2008 Charts
The cost of fuel was the biggest concern in August, and more dealers mentioned the impact of tire price increases, as well...
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Turning Around: Tire and Service Sales Show Signs of Rebound in July
August 08, 2008
Dealer comments this month continue to reflect increased concerns over the economy and fuel prices. Dealers also mentioned customers are becoming even more price sensitive in their purchases. There is some hopeful news: tire unit and service sales at our panel of more than 100 tire dealers nationwide did show signs of rebounding in July, and same month sales are above last year.
August 2008...
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Head Over Heels: After Brief Uptick, June Results Show Sharp Sales Fall
July 14, 2008
Dealer comments and survey results this month continue to reflect dealers’ growing concerns about the state of the economy. Fuel prices remain the biggest concern, with more than 70% of independent tire dealers specifically naming the price of gas as their top concern. Translated into consumer reaction, tire and service sales at our panel of more than 100 tire dealers nationwide dropped d...
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Temporary Gains: April’s Uptick Showers Don’t Bring May Sales Flowers
June 17, 2008
Dealer comments and survey results this month continue to reflect increased concerns over the economy. Fuel prices are the biggest issue, with more than 60% of independent tire dealers specifically naming the price of gas as their top concern. With this growing concern in mind, tire and service sales at our panel of more than 100 tire dealers nationwide appeared to soften again in May after a slight...
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Ups & Downs: Passenger Tire Sales Rebound, HP Tire Sales Drop
May 22, 2008
Dealer comments and survey results reflect increasingconcerns over the economy and its impact on customers and future business. Tireand service sales at our panel of more than 100 independent tire dealersnationwide dropped significantly in February, and rebounded slightly in March €“but they remain below 2007 results.
Click here for May 2008 charts
The Tire...
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Spring Sink: February Floundered, March Somewhat Level, Dealers Worried
April 28, 2008
Dealer comments and survey results reflect increasing concerns over the economy and its impact on future business. Tire and service sales at our panel of more than 100 independent tire dealers nationwide dropped significantly in February, and rebounded slightly in March but they remain below 2007 results.
Click here for April 2008 charts
Dealer Panel members report that retail tire...
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