Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Dead Letter Office
Well, we can retire the letters "I", "T" and "E" from the industry alphabet. Don’t need ‘em because there is no ITE anymore. The announcement that the tire industry’s lone annual convention and trade show has passed into history ®“ more a whisper than a scream, actually ®“ really wasn’t a surprise. Dylan said, "You
KISS Tiremaking We’re all familiar with the acronym "KISS" ®“ Keep It Simple, Stupid. It’s generally good when instructing a large audience or trying to standardize procedures among diverse groups. KISS helps people remember detailed procedures, routines and sequences. However, KISS doesn’t always work when product and process technologies are involved. I was reminded of
Showy Specials As you know by now, my role at Tire Review is to show you how to best leverage the fast growing custom wheel and UHP markets to build new business and increase real profits. That and to show you what’s around the corner. With both of these points in mind, this year’s ITE/SEMA
Leave Nothing to Chance
Buying a Business? Facts, Not Fortune, Will Keep You From Behind the 8-Ball Why do our brains work differently when we read the biz opps section of the paper? Why do we say things like: "I’m tired of selling tires, I think I’ll open a frozen custard stand?" If you already own a fast-food franchise
Master contract talks between Bridgestone Americas Holding (BAH) and the United Steelworkers of America (USWA) shattered Nov. 13 after union negotiators walked out of a bargaining meeting claiming the company’s contract proposal was "so far off the mark" and setting the stage for a possible strike at BAH tire plants across North America.
Step-by-step, the Hankook brand has been quietly growing throughout the world’s replacement and OE markets. Now Hankook is letting the North American passenger, light truck/SUV and ultra-high performance markets know that it wants to be a player that should be considered.
Left Handed Complications
In the course of a week, I lost my right arm and I lost my right arm. Figuratively and literally. First, Craig Gifford, our managing editor and a member of the TR team for five years, left to join a large auto part maker. It was a tremendous opportunity for him, and while we were
Business Opportunities: Use ‘Em or Lose ‘Em
u. The quick fix is to get them to take a closer look at your people. In fact, fleet managers should be encouraged to spend time talking with your tire experts to see which ones can really help them. Ideally, a good fleet manager will strike up a long-term relationship with someone from your staff,
Spitting out Rubber
Have you ever watched an auto race and thought about what it would be like to become one with a machine? Pushing yourself and a car right to the edge of catastrophe, yet be in total control? If you’re like me, there’s only one answer: Heck, yeah! Across this nation, people of all ages and
People Can Make or Break You: Building and Keeping a Winning Tire Team
Surrounding yourself with good people is the dream of every manager. From the President of the United States to the store manager at your local Subway, having good people is not a new idea. But here’s the rub. How do you keep them happy? Nearly 70% of tire dealers questioned by Tire Review say they’re
Run-Flat Tires: Growth Slow Amid Cost, Performance and Acceptance Issues
Run-Flat Growth Slow Amid Cost, Performance and Acceptance Issues It seems like it was a long time ago when we first heard that run-flat tires would take over the industry. Drivers saw the added safety potential and never again wanted to change a flat in a driving rainstorm. Because run-flats meant no spare tires, carmakers