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Tires

Tire Costs Flat but Expect Higher Prices in 2021

Reduced tire demand and a decrease in overall miles driven have caused tire manufacturing volume to decline in 2020, creating a downstream ripple effect softening commodity prices for natural rubber, but this may change in 2021.

Mitigation Strategies to Reduce Fleet Fuel Costs

The difference between the most and least efficient drivers is a 30% difference in fuel consumption. Fuel is a fleet’s No. 1 operating expense and the best way to control this expenditure is to modify driving behavior, which is the major variability influencing fuel consumption.  

Michelin Will Close Some Plants in the U.S. and Canada

Michelin North America Inc. joins the ranks of tiremakers to shut down some tire production in the U.S. and Canada. But Michelin says it will keep some plants open to provide "vital and critical tires" for the nation's economy.

Risk of PM Neglect Increases with Longer Oil Drain Intervals

Extending the oil drain interval to higher miles puts it out-of-synch with courtesy checks for tire wear and brake pad or rotor inspections. By extending oil drain intervals, there will be less frequent inspection of these wear items than what has occurred in the past.

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.