Ranking the Improvements Tire Shops Can Make Today
Over the past year or so, Tire Review has collected a ton of data from tire dealers. And every time we do, we pass it right back on to you in our Rolling with the Numbers series so you can grow your business and increase your revenue opportunities. However, all that data can get overwhelming,
Apollo Tyres Opens Digital Innovation Hub in UK
Apollo Tyres is launching a “Digital Innovation Hub” in London. As part of the company’s digital strategy to implement what it calls “Industry 4.0,” Apollo says the innovation hub will use artificial intelligence and machine learning technologies to solve complex manufacturing problems, focused on improving the efficiency, quality and sustainability of its manufacturing practices. Apollo
Should You Focus on Tire Sales or Service?
Where is the money coming from, tires or service? For many tire dealers, this is clear-cut, but for some, it’s difficult to know what tires and service successes to lean into and which are short-lived blips on the radar. Some dealers focus all their efforts on sales, devoting service time only to flat repairs, mounting
What’s the Value of a Solid Succession Plan?
Succession planning isn’t typically at the front of a business owner’s mind if they aren’t planning on going anywhere soon, but that doesn’t mean it’s smart to ignore the issue. Having a plan in place can give tire dealers the peace of mind to run their business in a way they might not if they
Impressive Gains Have Goodyear Optimistic Despite Inflation
Goodyear Tire & Rubber reported huge gains in 2021, turning last year’s Cooper Tire acquisition into a boost that helped the company achieve a 42% net sales increase over 2020. Despite rising inflation and supply chain challenges plaguing the industry, Goodyear cashed in a cool $17.5 billion. However, Goodyear stock prices dipped by about a
Hankook & Company Hires Seongjin Kim as Chief Digital Officer
Hankook & Company appointed Seongjin Kim as chief digital officer (CDO) effective immediately. Kim will be responsible for further accelerating the digital transformation of the group. As head of the digital strategy department, Hankook says Kim will establish an innovation model based on advanced digital technologies and build information and communication technology (ICT) strategies. He
Pirelli Kicks off 150th Anniversary Celebrations
Pirelli rang in 150 years and is reaffirming its commitment to growth during a series of events that will take place this year. It started with a countdown that began in Rio De Janeiro, Brazil and continued in other key markets for Pirelli – including Shanghai and New York City – and ended in Milan
How Data, Analytics Can Boost Profitability for Tire Retailers
By collecting and analyzing data about a dealer’s sales history, inventory levels and market demand, data and analytics platforms can analyze the performance of each dealer’s store and recommend actionable improvement opportunities.
Adopting an Athlete’s Mindset in Business with Craig Tate
Teamwork is key to running a successful business, and no one knows that better than Craig Tate. A second-generation tire dealer with a passion for the tire business, Craig was a college football player who took over his father’s tire dealership with his brother, Chuck, in 2000, and named it Tate Boys Tire & Service.
Bridgestone Investing in Mobility; Tire Business Still at Core
In line with Bridgestone’s tagline, “Solutions for Your Journey,” President and CEO Paolo Ferrari reviewed how Bridgestone is providing both dealers and consumers solutions in an evolving mobility landscape.
