These Top Shops lead by example, relentlessly focus on elevating their customers’ service experience, outshine their competitors, stand out in their community and commit to excellence, says Tire Review Editor Mary DellaValle.
When you manage and control the conversation, you have your best shot at controlling a favorable outcome.
National retailers and independent players alike are competing for market share and potential acquisition targets.
According to Neil Portnoy of GfK, despite losses, the market outperformed expectations and credits the industry’s performance to the resiliency of independent tire dealers.
Many factors have led to India becoming the fourth largest automotive market globally, but it’s at an inflection point with the rapid evolution of technology, newer laws and more globally-aligned emission norms.
South Korean tire industry and domestic producers have been one of the best success stories in the global tire industry. However, declining demand in the domestic and export markets in last two years have dented its performance to some extent.
Chinese Tire Industry Update: Focus on Overseas Expansion Amid Geopolitical and Economic Uncertainty
The Chinese tire industry, the global powerhouse in production and consumption of tires, had one of the most challenging years in recent history in 2018.
Within the automotive industry, it’s no secret there’s a technician shortage. But how did it happen? And how can you help make sure these well-paying jobs are filled now and in the future?
Tennessee Tire Boom: A Closeup Look at this Automotive ‘Hot Bed’ and its Implications for the Tire Industry
Just as Akron, Ohio, was considered the rubber capital of the world, Tennessee is well on its way to become the automotive hub in the U.S.
Incremental pressure on the lower-income consumer from ongoing inflationary pressures and increased complexity of parts are likely to remain tailwinds for repair shops and dealers.
Following the money can serve as a valuable barometer to help predict where the industry is headed with increased interest in the tire segment from private equity, institutional investors and strategic acquirers.
The need for more automation and faster size changes in tires over the last couple of decades has led to an industry manufacturing transformation.