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Higher Raw Material Costs Put Upward Pressure on Replacement Tire Prices

February 28, 2011

Retail transaction prices for light-truck replacement tire were up 12.5% in 2010, and 11% for the passenger car segment. Although retail tire prices increased, replacement tire pricing for commercial fleets remained relatively flat because of pre-existing national account pricing agreements. However, it would be short-sighted to believe national account vendors will indefinitely absorb tire cost increases without passing them on to their fleet customers.

Tags: Replacement Tires, fleet operating expenses

Author: Mike Antich | Posted @ Monday, February 28, 2011 4:51 PM | » Comments(1)

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