Getting There: Goodyear Execs Discuss Strategy, Outline Goals for 2009 and Beyond
Kramer: Through 2008, we’ve managed our production levels efficiently within the rules we have, union or non-union. Clearly, we’re making fewer tires in our plants and that has a drag on our earnings, but we’ve managed that very effectively thus far. We’re doing that to manage our inventory levels, focusing on cash. The lower the
Struggle Ahead: Service, Support Key to Survival in Medium Truck Tire Market
While today’s faltering economy has hit most areas of the country pretty hard, there is one segment in particular that has taken a beating – the trucking industry. In October, truck tonnage fell for the fourth month in a row for a total decrease of 6.3% since July, according to the American Trucking Associations. With
Continued Growth: Ag Tire Market Still Strong Despite Economic Downturn
In 2007, U.S. farmers saw record crop prices and hefty profits. The nation’s growing demand for ethanol boosted the price of corn, while the reduced supply of other crops, like wheat and soybeans, fetched higher than average prices, as well. That strong income resulted in farmers putting their money back into their business through land,
Gearing Up: Bridgestone Outlines 2009 Strategy at Dealer Meeting
Bridgestone Outlines 2009 Strategy at Dealer Meeting
A Permanent Solution: Safety, Profits From Permanent Tire Repair
Even though it ensures customers’ safety plus offers the potential for a steady revenue stream, proper, permanent tire repair is still not a service offered by all tire dealers. It might have something to do with today’s “instant gratification” society, where shops don’t want to take the time to repair a tire, and customers don’t
Gaining Grip: With Added Demand, All-Season UHP Market Going Nowhere But Up
It’s no secret that sales of performance tires have been steadily increasing for the last decade, but one segment in particular – all-season UHP tires – has seen particularly rapid growth. Most likely, OE fitments and customer demands have already caused a huge majority of tire dealers to address this segment. With the ever-increasing popularity
Double Vision: Michelin Launches Two-Fer With New UHP Offerings
Michelin Launches Two-Fer With New UHP Offerings
Keeping Up: Ever-Changing Market Challenges Custom Wheel Segment
If you’re one of the tire dealers out there who already has a reputable custom wheel business, consider yourself lucky. Choosing to enter this market segment now is more challenging than in years past, due to a fairly heavy upfront investment, trying economic times, constantly evolving sizes and styles, and required expertise in the areas
Expanding Reach: Kumho Aims High With First U.S. Manufacturing Plant
Kumho Aims High With First U.S. Manufacturing Plant
Business Insurance
With all the hard work and investments of time, money and energy you’ve put into building your dealership, do you really want to sit back and take the chance that nothing bad will happen? Accidents, injuries, crime and the resulting lawsuits hit all types of businesses – large and small, franchise or family-owned. Determining your
Steering Sales: Stable Skid-Steer Market Offers Opportunity for Profit
With their convenient size and ability for specialty attachments, skid-steer loaders are as necessary as ever in work sites nationwide. Perhaps more versatile than any other piece of equipment, the machines have a place in excavation, construction, demolition, recycling, mining, landscaping, snow removal and more. Even though the mini-loaders – and the tires that make
Filling The Void: BFGoodrich Launches Tire With CUVs in Mind
BFGoodrich Launches Tire With CUVs in Mind