TIA Partner Federated Providing COVID-19 Relief Credit
Policyholders will see the relief credit automatically applied in the upcoming months, Federated Insurance said.
Updated: Tire & Auto Groups Provide COVID-19 Resources
Several organizations have provided resources to help independent tire dealers better understand how their businesses are being affected by this pandemic.
Light Truck Tires Outpace 4×4/SUV, Passenger Car Segments in Units, Dollars, Price
GfK’s nationwide point-of-sale (POS) panel of independent U.S. retailers has released new data showing that the light truck category is leading a sluggish tire retail market in the U.S.
Tire Industry Data Challenges We Need to Catch Up
From my perspective, the tire industry is light years behind when it comes to the use of data. But this is expected to rapidly change in the near future. I have been traveling the U.S. for the past 29 months visiting tire dealers, collecting their sell-out data that will be used to measure the independent tire channel.
Deadline for VAA Convention, Trade Expo Looms
The Virginia Automotive Association (VAA) is hosting its annual Convention and Trade Expo April 15-17 at the Omni Homestead in Hot Springs, Va. Featured during the event is keynote speaker Danny Sanchez, Autoshop Solutions president, and closing keynote speaker John Gamauf of GFK. Other speakers include Sesco President & CEO Bill Ford discussing HR issues
SE Asia: Local Product Demand Rising
Market research firm GfK Asia has released a report on the performance of four emerging Southeast Asian tire markets in the first quarter of 2012. The researcher found that demand for replacement tires in the countries investigated – Indonesia, Malaysia, Philippines and Thailand – increased 14% between January and March in comparison with the October
Do Social Media, Price Comparison Influence Online Tire Buying?
Things move quickly in the online world. Even business moves "at the speed of thought," as Bill Gates suggested in the title of his book of the same name.While the tire industry has shown some signs of reticence when it comes to doing business over the Internet, in recent years the tide has turned and
South Korea Replacement Passenger Market Growing
With South Korean replacement passenger tire sales of over 8.6 million units worth $800.9 million last year, the replacement tire business joins the rest of the automotive industry in being a major part of the entire local economy. According to GfK’s automotive retail audit, sales in the second half of the year climbed 15% over
Japanese Tyremakers Control 70% of Indonesian Replacement Markets
A GfK Indonesia retail audit, covering the area of Jakarta and Surabaya, of passenger car tyres in July 2009 reported close to 110,000 units of car tyres traded in retail level, with sales worth more than $6.75 million. According to the retail census, there are currently a total of 435 shops retailing car tyres which
Americans Cut Down Vacation Plans
A new AP-Gfk Poll survey indicates that American summer vacations will reach new lows this summer, and that a third of Americans have already canceled summer vacation plans.