Business Barometer Archives - Page 2 of 3 - Tire Review Magazine
Still Slipping: November Sales Continue 2008’s Declining Trend

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

Free Falling: Slowndown Pushes Tire, Service Sales to New Lows

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

Slight Bounce: Sluggish August Gives Way to Mild Service Rebound

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

Turning Around: Tire and Service Sales Show Signs of Rebound in July

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,

Head Over Heels: After Brief Uptick, June Results Show Sharp Sales Fall 

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

Temporary Gains: April’s Uptick Showers Don’t Bring May Sales Flowers

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

Ups & Downs: Passenger Tire Sales Rebound, HP Tire Sales Drop

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 Review

Spring Sink: February Floundered, March Somewhat Level, Dealers Worried

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

Slow But Steady: Early 2008 Numbers Show Slight Improvement Over Last Year

The Tire Review Dealer Panel reports retail passenger tire unit sales continued to show positive movement in February vs. the same month last year. Final January numbers for tire unit sales show an increase of about 1% in retail demand vs. January 2007. Click here for March 2008 Charts After hitting the bottom in late

Leveling Off: Tire Unit Sales Steady, Service Work Picks Up Slightly

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