Flat demand, rising costs cloud commercial tire dealer outlook in 2024
Some are calling 2024 a “correction year” after the commercial tire market faced a slew of complications the past few years.
Reducing Commercial Truck Fuel Costs Starts with Tire Care
Ultimately, the goal for tire dealers working with fleets is to lower cents-per-mile.
Lower Fleet Maintenance Costs with Tire Balancing
Balancing is mission critical for maintaining the health of suspension components and for long tire life.
Proper OTR Tire Technology Can Reduce Costs, Increase Safety
Tire selection warrants careful purchasing and buying protocols, along with advanced research.
Border Adjustment Tax to Increase Auto Repairs, Maintenance Costs
The Auto Care Association warned lawmakers that the proposed Border Adjustment Tax (BAT) on imports could significantly increase auto repair and maintenance costs.
Tire Prices Weigh on Car Fleet Maintenance Costs
Even as overall car fleet maintenance costs dropped in 2013, GE Capital Fleet Services said the rising cost of replacement tires proved to be an issue. The Eden Prairie, Minn.-based global fleet management company conducts an annual survey, and its 19th study showed that “overall fleet car maintenance costs decreased by 4% in 2013 as
Continental Sells $959 Million Bond to Cut Interest Costs
Continental AG made $959 million (750 million euros) from the sale of a new bond. The funds will go to pay off an early redemption on a higher interest debt, according to a report by Bloomberg. The new notes, due July 2018, are fixed at 3%, Continental said in a statement, adding it will use
Community Tire’s ‘High Mile Club’ Reduces Auto Repair Costs
As drivers keep their vehicles longer, many face hefty repair bills or are forced to put off critical repairs – which is why Community Tire Pros has launched the “Community Tire Pros High Mile Club.”
Managing Fleet Tire Costs
Is it possible that anyone has failed to notice truck tire prices increasing dramatically, in some cases by double digits? But don’t blame the tire manufacturers. Because the production of tires requires large amounts of petroleum, you can blame the high cost of oil, along with the escalating cost of natural rubber. Rubber used by
Raw Material Costs Drive Giti Tire Corp. 1H Profit
For the first half of the 2012 financial year, Giti Tire Corp. has reported revenue of RMB 2.06 billion, a year-on-year decrease of 7%. The Giti Tire Pte. Ltd. subsidiary says this decline was a combined effect mainly attributable to decrease in sales volume and increase of average selling price. Lower sales mainly reflected a