Why Tire Prices Are Rising
March 11, 2021
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11:51Now PlayingWhy Tire Prices Are Rising
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as posted by the channelAlong with the pandemic, big tire brands are facing unique challenges. While trends have increasingly shifted online due to Covid, the tire market has been more hesitant to growing its e-commerce presence. Trade tariffs and the growing popularity of SUV's and electric vehicles are also driving up the price of tires, posing an issue with attracting focus-savings consumers. Existing in a competitive market, many of the world's biggest tire brands are focused on standing out to customers.
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Why Tire Prices Are Rising
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