Is there a winter tire shortage?

Maybe you’ve heard chatter at the pumps about a looming tire shortage this year, and you’re feeling a little anxious about preparing for winter driving. But is there really a shortage? Those watching the industry closely say it may not affect all retailers, but it’s coming.

[Photo Credit: DiedovStock]

It’s all about supply. Retailers with large warehouses who stocked up last year may have a more robust selection, but others say, come this winter, finding the right brands and sizes will be more challenging. A few factors are contributing to the threat of a tire shortage: disruptions with rubber production due to the pandemic, a global shortage of shipping containers, and increased demand from China – a major consumer of rubber.

Is it time for new tires?

There are a few tell-tale signs that you may need new tires. Generally, your tread should never be below 1.6 millimetres in depth, and more like 4 millimetres in the winter. New vehicles also have a tread wear indicator bar that will show a particular colour when your tire is dangerously worn. Regardless of these factors, when temperatures drop to 7 degrees, it’s recommended to make the switch to winter tires.

It’s best to start shopping early and book your installation appointment before the first major snowfall happens, especially in the event of a tire shortage. When choosing the safest winter tires for your vehicle, you’ll need to know your tire ratings.

No specific brand or model is suitable for all vehicles. The best winter tires for Canadian winters are those that fit your vehicle properly, have wear indicators, and perform well on icy roads.

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Need some help deciding on the best winter tires for your vehicle?
YP will help you find a trusted tire retailer in your area.

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New tire trends in 2021

With fewer people on the roads in 2020, the automotive industry saw low demand and a steep drop in sales. The loss of sales, combined with the potential tire shortage, means tires are expected to cost more in winter 2021.

Tire trends tend to follow vehicle trends. For example, the growing demand for crossovers and SUVs means larger diameter tires are also in demand. Larger tires (anything over 17” diameter) are generally more expensive. If you’re looking to save, you may choose to downsize for the winter.
 
How much do new tires cost?

Generally, new tires for the average passenger vehicle cost $80-200 each. If you’re adding on new rims, your bill could climb to $1,500, or more. For this reason, it’s especially important to transition before winter, rather than getting stuck with what’s in stock – especially if we do see a tire shortage. Winter tires are a significant investment, so be sure to follow these tips on how to maintain and store them properly for longevity. With proper maintenance and storage, your tires can easily survive four or five seasons on the road.