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Why Tire Prices Are Rising
Posted
March 11, 2021
Views
394,689
Likes
6,062
Comments
1,036
Engagement
1.80%
March 11, 2021
394,689
6,062
1,036
1.80%
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Along 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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