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Tire cost pressures will likely continue to build

from Modern Tire Dealer

According to the results of a Modern Tire Dealer survey, demand for passenger and light truck replacement tires declined in March. Indeed, from a volume standpoint, the dealers reported they sold 0.8 percent fewer tires in March relative to the previous year’s period. The decline marks the third straight month of poor results versus the prior year’s period. However, on more a positive note, trends improved sequentially. more

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