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Photo Galleriesby StaffJanuary 7, 2020

Overview of Tire Industry Trends

The following charts detail U.S. passenger tire imports; available tire sizes; replacement medium/heavy truck tire brand shares; U.S. market share for retreaded truck tires; U.S. retreading trends; available passenger car sizes by rim diameter; U.S. truck tire imports; and more.

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Newsby Mike AntichJanuary 7, 2020

Severe Skilled Technician Shortage Triggering Higher Shop Labor Rates

The vehicle maintenance and repair industries are experiencing a skilled labor shortage as technicians in the Baby Boomer demographic retire in greater numbers than those replacing them. The skilled labor shortage requires shops to pay more for skilled technicians, which translates into higher shop labor rates.

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Newsby Mike AntichJanuary 7, 2020

Vehicle Complexity Increasing Fleet Repair Costs

New technologies such as Advanced Driver Assistance Systems (ADAS) require special equipment and training when service is needed, which create additional maintenance costs.

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Newsby Mike AntichJanuary 6, 2020

Forecasting Tire Price Trends in 2020

Most of the subject matter experts that we spoke to expect an increase in tire prices, although predicting future tire costs is difficult due to variables that influence tire pricing.

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Newsby Mike AntichJanuary 6, 2020

Forecast of Fleet Maintenance Costs in CY-2020

Higher labor costs will continue to increase the maintenance spend for routine repairs in 2020, especially at service facilities located in high-cost-of-living metro areas.

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Newsby StaffDecember 26, 2019

Tire Dealer Les Schwab up for Sale

The Oregon-based tire dealer's Board of Directors, which consists of Schwab family members, plans to seek new ownership.

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Newsby StaffDecember 11, 2019

U.S. Tire Shipments Inch Higher in 2019

The U.S. Tire Manufacturers Association (USTMA) projects 2019 U.S. tire shipments will increase to 333.1 million units compared to 330.4 million units in 2018.

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ArticlesCover Storyby Mike AntichDecember 11, 2019

Labor Shortage Increases But Economic Uncertainty Emerges

The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.

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Newsby StaffNovember 8, 2019

Spiffy Acquires Mobile Oil Change Provider

On-demand vehicle detailer Get Spiffy has acquired Your Location Lubrication (YLL), which provides mobile oil changes to technicians and fleet managers, the company announced.

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Articlesby Mike AntichOctober 18, 2019

Higher Labor Rates Pushing Up Total Fleet Maintenance Costs

More complex vehicle technology, higher labor rates due to the ongoing skilled labor shortage, higher tire prices, and increased use of synthetic motor oils are putting upward pressure on overall fleet maintenance costs.

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