Consumer Reports: Americans Say Fuel Economy Most Important Car-Buying Factor
May 23, 2012
With fuel prices at near-record levels, consumers are driving less and contemplating a move to smaller, more fuel-efficient vehicles, according to recent survey by Consumer Reports.
The survey found that 37% said their leading consider...
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Study: Retailers See More Profits from Mobile Buyers
May 16, 2012
[Editor's Note: The following was published online by Mobile Commerce, and was written by its managing editor Bill Siwicki.]
Mobile shoppers make a purchase 59% more often than desktop PC shoppers and over a ...
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NRF Reports Softer, But Continued Retail Growth
May 16, 2012
The National Retail Federation reported that warm weather in February and March and an early Easter holiday probably shifted consumer spending, leaving April with "positive but modest growth."
According to the NRF, April retail...
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2012 Truck Forecasts On Despite Slow Orders
May 14, 2012
ACT Research continues to believe that U.S. economic activity in 2012 will expand at a moderate 2.2% pace with slow employment growth acting as a brake on more robust growth.
In its May issue of the ACT N.A. Commercial Vehicle Outlook...
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Canada Truck Sales Up, But Market Softens
May 14, 2012
Canada's DesRosiers Automotive Consultants reported stronger heavy truck sales for the first quarter of 2012, but feels the market will soften.
Year-over-year sales of Class 5-8 trucks in Canada were up 48% for the first quarter of the...
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Gas Prices Buoy Consumer Feeling
May 14, 2012
Falling gasoline pump prices contributed to a marked improvement in consumer sentiment in May.
Even as the job market remains...
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Class 8 Truck Orders Continue Slowdown in April
May 8, 2012
FTR Associates has released preliminary data showing April Class 8 truck total net orders at 16,877 units, the lowest number since September 2010 and 55% below the same month a year ago.
Preliminary order numbers are for all major Nort...
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Used Tires a Bad Value and a Danger, Says TyreSafe
April 26, 2012
Following a month-long nationwide investigation that involved purchasing a random sample of 50 used tires, U.K.'s TyreSafe reported over a third of the tires were found to contain potentially dangerous forms of damage or non-compliance.
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China Tire Demand Slows as Economy Decelerates
April 25, 2012
Tire demand in China is growing at a slower pace than last year as the country's economic expansion is decelerating. Passenger car sales in the country showed the first decline since 2005.
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Drivers Eye Eco Tires, Turned Off by Eco Car Costs
April 19, 2012
According to a new survey by Hankook Tire America Corp., 61% of drivers "would be interested in buying eco-friendly tires," primarily for fuel economy reasons.
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Magazine Survey Shows Label Ignorance
April 16, 2012
The U.K.'s Which? magazine published its latest ranking of summer tires in its April edition.
Testing 14- and 16-inch sizes, the magazine gave rankings to 26 tire models in total, ranking them out of five for dry and wet braking ...
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Aftermarket Supplier Sentiment Index Reaches Post-2010 Peak
April 11, 2012
The Aftermarket Supplier Sentiment Index for the first quarter of 2012 registered the most positive supplier sentiment since 2010, according to the Automotive Aftermarket Suppliers Association (AASA) in its "Aftermarket Supplier Barometer."...
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Does Drop in Truck Orders Mean Fleets are Gun Shy?
April 5, 2012
March Class 8 truck total net orders were 11% below February figures, marking the third consecutive month-over-month decline.
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China Heavy Truck Demand Falls in 4Q2011
April 4, 2012
Due to weakness in its construction sector, heavy truck demand in China fell in the fourth quarter of 2011 even as consumer spending pushed road freight transportation higher.
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Consumer Outlook Brightens Slightly in UM Poll
April 2, 2012
Consumer sentiment rose to 76.2 in March on the University of Michigan's index, the highest reading on that scale in more than a year.
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Drivers Paid a Lot More for a Lot Less in 2011
March 28, 2012
U.S. consumers managed high gas prices by driving less last year, but they still ended up paying 24% more for less gas, according to motor fuels research by NDP Group. ...
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RMA Sees 2% Growth in 2012 Crystal Ball
March 8, 2012
The RMA has issued its first prognostication for 2012, calling for a meager increase in overall tire shipments of 2%. Of course, that's a better result than in 2011, which saw an overall shipment increase of just 0.2%.
Looking at 2011 ...
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As Freight Rates Double, Where Will Tires Head?
March 7, 2012
The world's largest shipping company, Maersk, has just announced that its container line made a loss of $537 million last year and is unlikely to turn a profit in 2012.
...
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Indian Truck Tire Radials May Hit 40% by 2015
March 6, 2012
A number of Indian tiremakers have shared their views on commercial vehicle radialization with the Financial Chronicle.
Estimates of current radialization levels within this sector vary between 18% and 24%, and all who spoke to the new...
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Eco Tires a 'Primary Focus,' Lanxess CEO Says
March 5, 2012
Lanxess CEO Axel Heitmann said low rolling resistance tires are the fastest growing sector in the tire industry, increasing globally by about 10% each year.
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Entries are now being accepted for the
2012 Top Shop Award Program.
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