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.
Mostly Cloudy
Mostly Cloudy Consolidations, NHTSA testing and Asian imports have made the retread market muddy Inspect the casing. Remove old tread. Apply new tread rubber. Cure and trim the tire. Repeat as necessary. The act of retreading a tire isn’t the most complex thing in the industry. However, getting a firm handle on the medium truck
Industry Report
Goodyear Tire & Rubber Co. gained some breathing room from its short-term financial obligations by renegotiating loan agreements, but Wall Street analysts and the tire industry are keeping a close eye on Goodyear as it struggles to gain positive momentum.
Half a World Away
Like his American counterparts, Tire Town Komaoka store manager Yuji Asuke puts in long hours – 12 to 14 Monday through Saturday. But unlike many one-store American dealers, Asuke pulls in $1.3 million in annual sales with just himself and two other full-time employees.
Industry Report
‘A Transformational year’
Serving the Servants: Hard Work and Supplier Support Can Bring In The Business
Serving the Servants Hard Work and Supplier Support Can Bring In The Business In one of his TV commercials, a Northeast Ohio tire dealer tells a story about a customer who completely abuses his vehicle. The customer is always "tromping on the accelerator," and he "probably is always on the brakes," the dealer laments. The
Industry Report
Troubled Goodyear N.A. Unit Gets Rich
Industry Report
Famed Calif. Dealer May Disappear
From the Track to the Rack
From the Track to the Rack Racing tires, like passenger car tires, are specialized for different applications and purposes. Every form of racing has its own speed, traction and handling needs that require specially designed tires. A Formula 1 car obviously needs a different type of tire than a NASCAR racer or a NHRA Top
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