The tire business can be a brutal one - low growth, low margins and extreme competition. Tire makers are at the mercy of ups and downs of raw material prices...
[Tire sales] are growing a little faster than the population, but still slower than the GDP [sad tire manufacturer noises]
Why should sales in a static (and resource intense and polluting) technology like tires grow faster than the population? Making money off the stock market seems kind of evil
EVs are still part of the solution, though. Not spilling gas all day long on every corner of the city would be a big deal.
Why should sales in a static (and resource intense and polluting) technology like tires grow faster than the population? Making money off the stock market seems kind of evil
EVs are still part of the solution, though. Not spilling gas all day long on every corner of the city would be a big deal.