TIA President’s Agenda
Focused on ValueStrat Plan Will Help Industry, But TIA Needs Member SupportAs incoming president of the Tire Industry Association (TIA), I look forward to continuing TIA’s total focus on "adding value to your business."
That Time Again
Change, as anyone will tell you, is inevitable. And so it is with the International Tire Expo, which moved to a new hall in the massive Las Vegas Convention Center (LVCC) last year, and features a slimmed down program in 2003.
Tire Dealer Inc.: Which is the Best Way to Form Your Business?
There are six ways to form your business. Which is the right one for you? Thought about incorporating your tire business, have you? The monetary cost to do so isn’t great ®ƒ say $500 or less, according to the many professionals who would help you with this step. But it’s a major step and you
Industry Report
RMA Asks NHTSA For Internet OptionLooking to increase the number of tires being registered, the RMA has asked NHTSA for formal permission to allow tire buyers to register to tires via tiremaker Web sites. Allowing "additional, easier choices" would enhance NHTSA’s ability to notify owners in the event of a safety problem with their tires.
Industry Report
Still a Long Road Ahead for Troubled TiremakerDespite posting the worst losses in the company’s 105-year history, things began to look up for the financially troubled Goodyear Tire & Rubber Co. during a hectic early spring.
Back Home Again
Back after a one-year hiatus, the World Tire Expo returns with a wide range of educational programs, special events and trade show opportunities. This will also be the first WTE under the Tire Industry Association.
Industry Report
Goodyear Tire & Rubber Co. received a one-month extension from its various banks to comply with loan agreement covenants that, among other things, would have forced the struggling tiremaker to make a $500 million contribution to its underfunded pension program. The extension was granted Mar. 5, two days before a temporary waiver was set to expire, and expires Apr. 4.
The Teeter-Totter
The earth stopped rotating on its axis Jan. 22. Time stood still. Sub-zero Ohio went sub-tropical. Animals spoke. Athletes rejected gazillion dollar contracts. Tiremakers turned away mass merchants. In an unbelievably lucid legal moment, a judge threw out a frivolous lawsuit that claimed McDonald’s food caused health problems in two well-overweight New York girls. U.S.
Industry Report
‘A Transformational year’
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.