The U.S. automotive industry sold 1.2 million new cars and light-duty trucks in the month of June, a seasonally adjusted annual rate (SAAR) of 13.0 million vehicles. The June SAAR was marginally better than the prior month but significantly lower than the SAAR of 15.4 million vehicles recorded one year prior. June marks the 12th consecutive month in which the industry’s SAAR fell short of the prior year’s results.

This podcast features a discussion with Greg Baldor of Hilco Valuation Services about the changing tire industry including the impact of reduced production output, increased raw material pricing, shipping delays and higher import costs.

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.