Michigan Dealer Makes Major Shift, Increases Service Sales
(Akron/Tire Review) “The biggest gripe we all have in this business,” according to A.J. Faught, president of Northwest Tire & Service, “is the profusion of so many SKUs and part numbers. The question is, what’s the right stuff to stock on our shelves?
Looming Mandate: Without Help, Dealers Face Dark Future. How Will You Cope?
To many in the tire industry, TPMS is a four-letter acronym that is quickly becoming a four-letter word. That goes for retail dealers and, soon, consumers alike. But these people are only considering the hassles involved with servicing tire/wheel assemblies featuring these gizmos. Look a little deeper, and you’ll see the potential for independent tire
Maxed Out?: Size Race Slows, But Fashion vs. Function Questions Remain for Dealers
For a few years, the tire and wheel industries resembled the Cold War nuclear arms race – every year, someone rolled out a bigger weapon. It started with eye-popping, wheel-well-stretching 20-inch wheels and tires and progressed to the 2004 SEMA Show, where gigantic 28-inchers were every where. A sort of dÉtente has settled in, if
Hot Time in Las Vegas: TIA Busy at Annual SEMA Show
TIA Busy at Annual SEMA Show
CHINA: Dealers, Tiremakers Are Capitalizing, But Economic Revolution Has Issues
Today’s China-made tires may well carry the names Michelin, Bridgestone, Goodyear or that of other majors and are produced using the same technology, processes and stringent quality standards of those well-known global brands. Only they are being produced for pennies on the dollar.My, how times have changed.
Industry Report
Conti to Add "Low Cost" Production for N.A.Continental AG announced plans to spend upwards of $306.9 million to boost tire capacity in low-cost countries, primarily to benefit its struggling North American operations. In addition, Continental officials said the company is still seeking a partner in China.
Industry Report
RMA Cuts Support After Court Ruling Hopes for a tire industry checkoff program were dealt a couple of significant ®€“ potentially fatal ®€“ blows in late February after yet another court ruled that a popular checkoff program’s consumer education effort was unconstitutional, and the RMA withdrew support for the proposed program.
Industry Report
Reports Say Georgia Site of Planned Toyo PlantIt’s existing capacity stretched to the limit, Toyo Tire & Rubber Co. took a giant step forward, announcing on Feb. 17 plans for a new $150-million passenger and light truck/SUV tire plant that would come on stream in 2006. News reports out of Atlanta in early February indicated the company received approval to build the plant in Bartow County, Ga., about 60 miles north of Atlanta. Toyo said the plant would have the capacity to produce two million consumer tires per year.
Industry Report
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.
Industry Report
With a new three-year labor contract in hand, Goodyear Tire & Rubber Co. turned its attention to other restructuring issues as it works to right its financial ship. The tiremaker formally announced the closing of its Huntsville, Ala., plant, then laid off about 200 employees from its Tyler, Texas, facility.