According to the Rubber Manufacturers Association, tire shipments are expected to drop more then 7% in 2009, following an almost 9% decline from the previous year.
we reported earlier, the decline in units is closely tied to the cost
of oil, a primary ingredient in the manufacturing process. The RMA also
noted decreased consumer confidence, higher unemployment rates and a
decline in vehicle miles travelled as other factors in the nearly 21
million unit decline.
However, 2010 will bring better news as analysts are predicting a
turn-around in line with economic forecasts. Analysts predict that the
industry will begin to recovery and ship an anticipated 270 million
With tire shipments on the decline for the next
few months, its more important then ever that you get the most mileage
out of the ones that you have. With a fleet card, you can monitor your vehicles performance and maintenance schedules to ensure that your vehicle’s tires are properly rotated and checked at the right time, giving you the most bang for your buck.
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Photo copyright of Mykl Roventine.