Independent dealerships will be fewer in number-but larger in size-by the year 2003, predicted dealers and suppliers in a TIRE BUSINESS study during 1993. The study, published July 12 to commemorate the newspaper's 10th anniversary, sampled the opinions of 100 industry leaders as to how independent tire dealerships and their market will look in the decade to come.
Following are some of the predictions from the study:
A 10-percent decline was forecast in the number of dealerships, with smaller businesses being most likely to fall victim to the anticipated decline;
Tomorrow's typical dealership will boast more retail outlets, more service bays, employ more workers, carry more brands and stock a greater array of tires than today's;
Dealers' sales and profits from tires and auto services should increase moderately;
The share of the retail market held by independent dealerships as a whole was forecast to decrease from 55 to 53 percent;
Some of the dealer's retail competitors-namely, mass merchandisers, wholesale clubs and discount chains-were seen increasing their shares;
Seen losing market share by the year 2003 were tire makers' stores, auto parts supply stores and gasoline service stations.