For the six public companies comprising in the Hilco Parts Index, net sales for the first quarter of 2022 increased 12.5% as compared with performance in the first quarter the year prior.

This podcast features a discussion about the risks and opportunities facing auto manufacturers and suppliers as, among other transformational developments, the industry transitions from internal combustion to electric vehicles.

First quarter U.S. sales of light-duty vehicles totaled 3.29 million, one of the worst single quarter tallies in a decade. The only quarter to post a worse result was the second quarter of 2021 at the height of the pandemic.

In this article we take a look at the changing tire industry and how the impact of ever-changing tariffs prior to the arrival of the pandemic and a precipitous drop in the number of miles driven during its height in 2020 have now been further exacerbated by reduced production output, increased raw material pricing, shipping delays and higher import costs.