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Cutting the Tape: What the TREAD Act Means to You … Today

What the TREAD Act Means to You … Today   Elected officials love to jump on consumer safety issues. It’s the best job security strategy around. In November 2000, that’s precisely what Congress did when the Firestone recall and Ford Explorer debacle gave them the motive and opportunity to create and pass into law a

Torque and Re-torque

Torque and Re-torque Although we usually discuss tires and tire-related issues in this column, this month’s subject is the next closest thing – wheels. Specifically some important guidelines for remounting tire/wheel assemblies. What’s so different or difficult, you may ask, about the simple task of mounting a wheel on a medium or heavy-duty highway truck?

That First Step

It’s been another tough year for the economy and the tire industry. All you have to do is look at tire shipments. Dealers I’ve spoken to tell me their businesses are up one month and down the next. Consumer confidence appears to be on the same roller coaster.

UTQG: Is it the Beginning of the End for the Regs No One Wanted?

Is it the Beginning of the End for the Regs No One Wanted? Uniform Tire Quality Grading’s 35th birthday passed without fanfare last September. Given its twisted history and questionable pedigree, it’s not surprising that there were no parties. From the outset, UTQG was literally and figuratively a bastard law. Born out of misunderstood language

Finding Mr./Ms. Right: Staff, Rather Than Location, Will Build or Break Your Business

Finding Mr./Ms. Right Staff, Rather Than Location, Will Build or Break Your Business No. Location, Location, Location are not the three most important factors in retailing success. Instead, they are Staff, Staff, Staff. The smaller your tire dealership, the more important each person becomes. Just one bad apple in a staff of, say, three can

Fins To The Left…

Sharks, as that nautical wheeler Jimmy Buffet reminds, are everywhere. And so this horror story of lawyers gone wild should be a lesson to all. California is renowned for its misdirected concerns – where else can 14 million people all drive at the same time, yet everyone worry about smoking in bars? – and goofy

Why Pay More?: Right Depreciation Method Puts $$$ Where You Need It – The Business

p> The chart "Comparing Depreciation Methods" (page 26) provides a tangible example of the different methods of depreciation available to dealers. As you can see, the different depreciation strategies produce substantially different results in terms of impact on the income statement and the balance sheet value of the asset from year to year. Here’s a

Fed Up With Insurance Costs?

Fed Up With Insurance Costs? Why it’s gotten so bad, and what you can do about it  What is it about insurance that gives you a 365-day migraine? Your rates keep going up! You’ve just been canceled! And this just in®ƒyour rates are about to go up again! Is it really that bad? Yes, but

Back to Black: Lampe Looks Back on a Long Two Years and What It Took For BFAH to Recover

It was two years ago this month that Bridgestone/Firestone Inc. – and the tire industry – changed for all time. On that day, BFS announced the recall of millions of tires, a single voluntary act that set off a chain of events – including the TREAD Act – the tire industry will feel for decades

Industry Report

NHTSA Delays Standards, Faces Suit