AAIA Factbook 2010 - (Page 27)

sales of rePlaCeMenT TIres Sales of replacement tires for light, medium and heavy duty vehicles remain an important segment of the aftermarket. In 2008, sales of replacement tires totaled $29.1 billion, an increase of 2.5 percent from 2007 ($28.4 billion). Sales of passenger and light truck tires totaled $23.7 billion, while medium and heavy truck tire sales totaled $5.4 billion. Replacement tire shipments from manufacturers declined 5.0 percent in 2008 to 244.5 million units, after experiencing growth in the previous year. Passenger tires (198.0 million units) accounted for 81.0 percent of total shipments in 2008, followed by light truck tires (31.0 million units) at 12.7 percent and medium and heavy truck tires (15.5 million units) at 6.3 percent. replacement Tire sales, 2000-2008 (billions of Dollars) $32 $32 $28 $26 .3 $28 .4 $29 .1 $28 $25 .5 $24 $5.5 $5.4 $21 .7 $23 .4 $24 $5.6 $20 $20 .9 $5.3 $20 .0 $20 .0 $4.7 $20 $4.6 $4.4 $16$4.5 $4.1 $16 $12 $15.9 $20.7 $22.9 $16.5 $17.1 $18.7 $20.2 $23.7 $12 $15.5 $8 $8 $4 $4 $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 $0 2000 2001 2002 2003 2004 2005 2006 2007 2008 Medium and Heavy Truck Tires Medium and Heavy Truck Tires Passenger and Light Truck Tires Passenger and Light Truck Tires Notes: Historical data have been revised. Labor is not included in the sales totals, but it is likely a small percentage of sales (less than 5 percent). Medium and heavy truck tire sales do not include sales of farm and off-road tires. Sources: AAIA, Modern Tire Dealer’s 2009 Facts Issue replacement Tire shipments from Manufacturers (Millions of Tire units) Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 10 yr CAGR Passenger 184.0 192.0 199.0 192.0 190.5 194.0 199.4 205.8 199.1 205.0 198.0 0.7% Light Truck 30.5 34.0 36.0 32.0 34.0 34.5 36.5 36.6 35.0 35.7 31.0 0.2% Medium/ Heavy Truck 13.5 14.7 15.2 13.8 15.0 15.8 16.5 17.8 17.6 16.7 15.5 1.4% Total 228.0 240.7 250.2 237.8 239.5 244.3 252.4 260.2 251.7 257.4 244.5 0.7% % Change 3.1% 5.6% 3.9% -5.0% 0.7% 2.0% 3.3% 3.1% -3.3% 2.3% -5.0% Notes: Historical data have been revised. Passenger tires are defined as P-metric/metric sized tires, including those used on some light trucks, SUVs and minivans. Light truck tires are defined as LT sized, smaller than 8.25” X 20”. Medium truck tires are defined as 8.25” X 20” to 11” X 24.5”; includes wide-based tires. Heavy truck tires are defined as larger than 11” X 24.5” to 14” X 25”. Modern Tire Dealer’s 2009 Facts Issue Source: estimated share of the Domestic Passenger Tire retail Market (based on retail sales) Type of Outlet Independent Tire Dealerships Mass Merchants/Chains Warehouse Clubs Tire Company Stores Auto Dealerships Service Stations Miscellaneous Outlets Source: 1990 54.0% 18.0% 6.0% 13.0% 1.0% 7.0% 1.0% 1995 57.5% 18.5% 8.0% 9.0% 1.0% 5.0% 1.0% 2000 59.5% 16.5% 8.0% 8.0% 2.5% 4.0% 1.5% 2001 58.5% 16.0% 8.5% 8.0% 3.5% 4.0% 1.5% 2002 58.5% 16.0% 9.0% 8.0% 3.0% 4.0% 1.5% 2003 58.5% 16.0% 9.0% 8.0% 3.0% 4.0% 1.5% 2004 59.0% 15.5% 9.0% 8.0% 3.0% 4.0% 1.5% 2005 59.5% 15.0% 9.0% 7.5% 3.5% 4.0% 1.5% 2006 59.5% 15.0% 9.0% 7.5% 4.0% 3.5% 1.5% 2007 59.5% 15.0% 9.0% 7.5% 4.5% 3.0% 1.5% 2008 60.0% 14.5% 9.0% 7.0% 5.5% 2.5% 1.5% Modern Tire Dealer’s 2009 Facts Issue 27 2010 digital aft ermarket fa c tb o o k cop yrigh t © 2009 aut omotive aft ermarket industry asso c ia tio n http://pages.nxtbook.com/nxtbooks/mercury/aaiafactbook2010/docs/Page_27_Sales_of_Replacement_Tires.xls

Table of Contents for the Digital Edition of AAIA Factbook 2010

AAIA Factbook 2010
Contents
Economic and Financial Indicators
Key Economic Indicators
Aftermarket Employment
Technician Employment and Wages
Aftermarket Mergers and Acquisitions
Financial Profiles of Selected Aftermarket Companies
U S Motor Vehicle Aftermarket
Channel Forecast Model
Census Review and Forecast Assumptions
U.S. Motor Vehicle Aftermarket
Size of the Automotive Aftermarket
Aftermarket Sales by Distribution Channel
Aftermarket Service and Retail Channels
Program Distribution Summary
Automotive Aftermarket
Consumer Profile
Sales of Replacement Tires
Replacement Rates for Motor Vehicle Parts and Jobs
Accessories
Aftermarket Accessories
Chemicals and Fluids
Automotive Chemicals and Fluids
Aftermarket Segments
Medium and Heavy Duty Truck Aftermarket
Paint, Body and Equipment Aftermarket
Tool and Equipment Aftermarket
Vehicle Sales, Usage and Registrations
U.S. Motor Vehicle Sales
Top 10 Light Vehicle Sales
U.S. Motor Vehicle Population
Hybrid Vehicles
Vehicle Operating Costs
Gasoline Affordability and Vehicle Miles Traveled
State Summary Statistics
State Summary Statistics
Global Aftermarket
Global Economic and Automotive Data
Global Vehicle Registrations
Canadian Aftermarket
Mexican Aftermarket
Chinese Aftermarket
Glossary and Reference
Glossary of Aftermarket Terms
NAICS Definitions
Aftermarket Data Resources
Aftermarket Data Resources
AAIA Market Research
AAIA Market Research
AAIA – Lang Market Comparison
Harmonization of Aftermarket Industry Data

AAIA Factbook 2010