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Demand for premium, Tier 1 tires on the rise

from Modern Tire Dealer

Demand for replacement tires is higher than it was a year ago, and tire dealers report customers are choosing premium, Tier 1 tires over other less expensive products in the market. The monthly Tire Demand Index report from Northcoast Research Holdings LLC in Cleveland notes the index has been in expansionary territory for 17 of the past 19 months. "These findings reinforce our confidence that the domestic replacement market is in the midst of a volume recovery cycle." more

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