Torqata Provides Tire Data for 2024 Auto Care Factbook

Torqata Provides Tire Data for 2024 Auto Care Factbook

Torqata's data on retail tire trends will provide key insights into the retail tire market that were previously unavailable.

Torqata Data & Analytics has provided tire-related data for the newly released Auto Care Association’s 2024 Factbook. The Factbook, available now, provides a comprehensive overview of the entire auto care industry. According to Torqata, the data will provide aftermarket auto care executives with insights that will help them make critical business decisions, including in the tire industry.

Additionally, tire operators will have a more comprehensive look into trends, industry-wide efficiencies, manufacturing updates and other analytical information that will help them save money, reduce waste and lessen environmental impact by reducing the number of tires that remain on shelves indefinitely, Torqata said.

“We’re excited to publish the 2024 Factbook with expanded and new data, such as retail tire trends which will provide our members key insights into the retail tire market that were previously unavailable,” said Michael Chung, director of market intelligence for the Auto Care Association. “The Factbook is a compilation of everything you need to know, wherever you are in the supply chain and whatever your role is.”

Seen as the ultimate source for anyone associated with the auto industry, the Auto Care Association Factbook covers other items like e-commerce, rates of returns for parts compared to other industries, EV adoption, collision metrics, and more. It also includes interactive, up-to-date economic and industry indicator data via the Factbook TrendLens platform.

“We are working with the Auto Care Association to identify ways to provide timely industry data,” said Tim Eisenmann, CEO of Torqata Data & Analytics. “We hope to continue and deepen our relationship with this important organization as we work to transform the industry by helping retailers make the right decisions based on customer data and purchasing trends.”

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