Federal to Raise Prices Across the Board
(Akron/Tire Review) Federal Tire Corp. announced it would increase prices by 5% to 8% across its full line of tires, effective Apr. 1.
Analysts: High Natural Rubber Price to Impact Michelin
(Clacton, U.K./Tyres & Accessories) Michelin’s budget for raw material costs is expected to increase by 11 per cent year-on-year in 2006.
CTNA Says Union Statement Regarding Charlotte is False
(Akron/Tire Review) Continental Tire North America Inc. (CTNA) will not change retiree health benefits for workers at its Charlotte, N.C., tire plant, despite a statement issued by the USW accusing CTNA of altering retiree benefits, according to a report in the Charlotte Business Journal.
Goodyear Says Asia-Pacific Sales Will Ease Slightly
(Akron/Tire Review) Goodyear Tire and Rubber Co. expects sales in the Asia-Pacific region to ease slightly this year as a result of slowing auto sales in China, according to a Reuters report.
Hunter Establishes New Wheel Balancing Era
(Douglasdale, South Africa/S.A. Treads) Hunter Engineering has come up with yet another patented innovation in the SmartWeight balancing technology.
Globalization: Can We Survive the Onslaught?
(Douglasdale, South Africa/S.A. Treads) Never before has the trend of Globalization been more acutely felt. In the context of the tyre industry, Globalization began almost a century ago, when manufacturing giants such as the Goodyear Tire & Rubber Co. began establishing operations outside of its home base, the U.S.
Buy Vs. Lease: Should You Buy Your Store Building and Land? Or, Should you Lease Your Store’s Quarters?
The buy/lease quandary is an old one; it’s been around since the first retail store opened. It’s a big decision for any business of any size because both buying and leasing have distinct, lasting impacts on how you operate – and even how successful you will be. It is also a question you should ask
Defining Moment: Cost Structure, Replacement Market Keys to Success in CTNA’s Decisive Year
Dr. Alan Hippe took over as head of Continental Tire North America (CTNA) after Martien de Louw abruptly left the company last May. Hippe had been a member of Continental AG’s executive board since 2002. Prior to accepting his role with Continental, Hippe had served as senior vice president in the group controlling and IT
Income and Outcome: Give Bad Sales the Brush-Off By Knowing Your TCS
Sales are great, registers are buzzing, customers are plentiful. Still, at the end of the month, profits are weak and balance sheets aren’t balancing. Has this ever happened to you? If you’re in the business of running a business – as all tire dealers are – chances are good it has. So, just what is
Columnist Questions Worth of Tires
(Akron/Tire Review) The following column, by staff columnist Jeffrey Whitfield, was published by the Henry County (Ga.) Daily Herald on Mar. 13.