The replacement tyre market is booming; heavier and more powerful vehicles are bringing increased wear and placing extra demands on manufacturers to produce more advanced tyres.
The result is a market where volumes are up, and increasing, and unit costs are on the rise, but just 10% of sales are through franchised dealers. Is this a missed profit opportunity?
In the December 14 issue we take a look at the changing replacement tyre market; the pressures it faces and the challenges and opportunities for workshops wanting a slice of a potentially lucrative market.
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