Supply and Demand: 2021 Winter Tire Season

The COVID-19 pandemic had a significant impact on last year’s winter tire season. With many vehicles parked, some drivers decided that winter tires were not a priority for them in 2020. This left retailers with extra stock on hand, as well as reduced sales overall.

Fast-forward to the 2021 winter tire season, and things are looking better… at least from a consumer demand perspective. With vaccines in arms, and most of Canada slowly going back to work and school, it should be a banner year for winter tire sales.

Issues with supply

However, as we learned during the pandemic, supply and demand (case in point: the global chip shortage fiasco) may be an issue when it comes to winter tires this year. …

Source: Autosphere