Possibly,but it most diffently looks like some rim movement also. Granted the tire really makes it look worse. My cheecks pucker at times. I keep the bearings adjusted with no more than 1/8" in/out movement at top of wheel. That's not to say there is some axle movement shifting do to the springs (which only makes sense), but the rims do get a little verticle tilt to them in addition to the horizontal shifting. Luckly only time I have to do this is in my driveway, so far.