Our industry's growth may be hard to believe!

Jan. 9, 2012

The retail and commercial tire industry is billions of dollars large. There are a lot of participants -- 30,000 independent tire dealers alone -- who offer tires and services to consumers and businesses alike.

How big is our industry? Would you believe it increased nearly 20% in 2011 compared to 2010? Would you believe the increase outpaced real gross domestic purchases? Would you believe I am a "Get Smart" fan?

To find out how the billions of dollars are broken out by market segment, click on "Our industry is worth -- drum roll, please -- more than $38 billion!" the latest blog from Modern Tire Dealer Editor Bob Ulrich.

The B.O.B. blog includes preliminary data from the 2012 MTD Facts Issue, which will be in the mail soon.

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Photo: Continental Automotive Systems Inc.
The formula of Continental’s ATE SL.6 Brake Fluid features additives that protect against rust and corrosion, which Continental says makes the brakes more resistant and durable.
Photo: Mitchell 1
Photo: Mitchell 1