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8/4/2022
It's fine, thank you. I hope you guys are all well, too. A couple of questions here. You said that the large diameter wheels were about 52% of all wheels produced. What was that figure last year, Maggie, so we can get an idea of how the shift is going?
Last year, that was actually...
flat 52% so Gary keep in mind I think what you're going to find is that the comps in 2022 when you start looking at content and revenue are going to be challenging so if you look at the first half of this year okay we're flat actually in terms of growth over market but if you look at last year we actually we kind of like we were an outlier First half was 17% growth over market the entire year. Actually, the first half is 20%. The entire year was 17%. So all of that mix, that massive mix that came our way after the microchip issues has been actually, think of it as being sustained. We have, Gary, we have been consistent in our narrative on the portfolio. This is a company that will deliver 5% to 10% growth over market driven by lightweighting technology, larger wheels, premium finishes, that continues to play out. If you go back to 2019, that 52% figure you mentioned was 28%. So this year is a bit of an outlier. I think the measure, absent this comparison, is content per wheel. And you see that content per wheel has continued to grow 5%. 5% in this quarter and the same for last quarter as well. In fact, I have the numbers here.
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