The 1% Solution: Knowing Your Break-Even Point
Every business wants to make a profit, right? An important key tomaking a profit is understanding your break-even point. Figuring it outis a simple and necessary process for any tire dealer’s success. Surprisingly, many owners or store managers don’t know their break-evenpoint. Yet, calculating a break-even point is a common tool in mostbusinesses. The variable
Conti Takes Increase in Germany, Europe to Follow
As of June 1, prices for Continental’s summer tires sold in Germany will increase by an average of 3% and winter tires by an average of 5%. While that increase is only for the German market, Hartmut Wöhler, Conti’s head of marketing and distribution in Europe and Africa, stated the company is “currently preparing to
Raw Materials Pushing Indian Tire Prices
Indian tiremakers are putting up prices in response to the continued rise in the cost of natural rubber. Apollo Tires is said to be increasing prices by between 2% and 4%, although one online source states the Apollo prices will rise by up to 7% as early as May. During an interview, company vice chairman
Rancho Releases Ram 1500 Performance Suspension
Rancho says its new 2009-10 Dodge Ram 1500 4WD suspension system (p/n RS6587B) is engineered for superior fit and finish, increased on- and off-road performance capabilities and is fully compatible with Dodge’s electronic stability control system. Allowing for the use of a larger wheel and tire package, the system provides 4 inches of lift and
AskPatty.com Certifies Two More U.S. Dealers
Two more independent dealers have been certified as “female friendly” after completing the AskPatty.com for Tire Dealers education and marketing program. Joining the growing ranks of AskPatty.com certified tires dealers were Gipson’s Tire Pros in Millbrook, Ala., and Donovan’s Auto & Tire Center in Cincinnati. The AskPatty.com for Tire Dealers program was co-developed with Tire
Car Care Council, CalRecycle Partner on Tire Ed Program
The Car Care Council and CalRecycle have partnered to promote California’s new "Just Check It" consumer-level tire care education program. CalRecycle will kick-off the education campaign at a special event at the state capitol in Sacramento on Earth Day – Apr. 22. "Working with CalRecycle on its public awareness outreach is a natural fit for
Al Saeedi Expands Tyrexpress in Africa
Al Saeedi Group, a leading Middle Eastern tire distributor, has expanded its operations into Uganda. The UAE-based company set up Tyrexpress Ltd. on Apr. 13, and the company was inaugurated by Niraj Srivastava, high commissioner of India, in the presence of company directors, distinguished guests and customers. According to the company, Tyrexpress is placed in
Europeans Low on Tire Inflation, Tread Depth Care
Results from 15 European countries where Bridgestone’s "Think Before You Drive" campaign was conducted last year show 81% of motorists are driving on underinflated tires. The tiremaker drew this conclusion after conducting tire safety checks on some 52,400 vehicles in the U.K. and on the Continent, and notes that this inattention to correct tire pressure
Techking Growing Service Network, Sees Strong Future
Techking Tires says it intends to place a focus on tire management systems in 2010. During an interview, company president Sheng Rongsheng said, “This year, Techking is going to invest on the research of the total tire management system. We hope the system would help our customers to manage and use their tires more efficiently.”
Opinion: Micheldever’s For Sale, But Who’s Buying?
When you consider that they paid £85 million for Micheldever Tyre Services (MTS) in 2006, it is no surprise that equity house Graphite Capital is willing to sell the company now it is in the position to command a £200 million price tag. Back then Graphite were cast as the backers for a management buy-in/buy-out