Data found that roughly 41% of vehicles nationwide are overdue for some critical maintenance work, including brakes, suspension and more.
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The PART Act would require that all new vehicles have the VIN stamped on their converters, shops would be compensated for stamping used car convertors.
Should the economy slow into recession, vehicle use and average annual mileage, both key inputs in tire replacement demand modeling, will likely decrease.
Industry reports and alternative sources paint a picture of resilient demand, tempered by policy-driven fluctuations in EVs and fleet purchases.
An additional 1.3 million people will be on the road compared to last year, representing almost 90 percent of all travelers.
Despite a rise in overall number of service visits, U.S. dealerships are losing customers to the independent aftermarket at a steady rate.
Financing will ensure the company has capital necessary to maintain operations and meet its commitments to customers, employees and partners.
