Consumers are demanding more and cleaner rental cars, which means the automotive industry will need to scale up fast. Here are five tips to help navigate the unprecedented demand.
Higher Commodity Prices Exert Upward Cost Pressure on Tires
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.