GapMaps 2022 Auto Tyre and Servicing Network Report, which tracks 14 brands in 2,243 locations, reported 82 openings and 33 closures, representing a net change of 49 additional centres compared to the year prior.
Bridgestone is the largest brand tracked with some 340 locations, and one centre per every 100,000 residents in capital cities. Covering the majority of Australian cities, including 58 stores in towns with less than 10,000 residents, Bridgestone reported seven closures and five openings, representing a net change of minus two. Ultra Tune, with 262 locations, also contracted, reporting a net change of minus three with two new locations opening and five closures.
However, several brands reported more positive news.
Tyrepower, with 301 locations, and Mycar, with 276 locations, both reported strong net growth. Tyrepower opened 14 locations and closed just two, representing a net change of positive 12, whilst Mycar opened 10 locations and closed four, a net change of positive six.
However, it was Dunlop who reported the largest growth across all brands tracked, opening 27 locations and closing seven, representing a net change of positive 20. Goodyear also had significant growth, opening 13 locations and closing just three, a net change of positive 10.
Scott Johnson, Senior Analyst, GapMaps, said; “The auto tyre and servicing sector had a strong year, with 49 net new locations added in 2022. This points to a more buoyant market and greater provision of essential services to residents across the country.”
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