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Disaster!: How to Survive When One of Four Businesses Perish

In the movie Forrest Gump, the lead character steps to the curb, scrapes stuff off the bottom of his shoe and says, “(Bleep) Happens!” What would Forrest say about a business that just stepped in it – or was just stepped on? “Disaster Happens!” You can’t prevent disaster, but you can survive it. What will

Bland to Brilliant: Wheel Plating

Have you ever wondered how a wheel gets chrome plated? You just “dip” a dull wheelinto a big vat of chrome, and it comes out shiny and new, right? Well, not really.On the contrary, there are vastly different chrome plating processes – a mixture of hard science and a little voodoo ®“ and each presents

Hot Winter Wheels

If you’re busy ordering winter tires right now, don’t forget about the wheels. It’s July. It’s hot. You’re about to melt, and it’s time to think about winter wheels? That’s right ®“ winter wheel season will be creeping upon us in a few months. So, why not talk about winter wheels now? Just like winter

Focus on Basics: Hercules Charts a New Course, Remains Committed to Dealers

Fifty-two years ago, a group of 21 retreaders got together to create their own supply program, focused on their specific needs. Retreading is no longer part of the equation, but Hercules Tire & Rubber Co. – with 39 shareholder dealers  – remains focused on meeting dealer needs. Since selling its retreading business to Cooper Tire

Telematics and Tires: Satellite and Chip Technologies Will Launch a Brave New World

What exactly does the term "telematics" mean? The term has been well used in recent years by commercial vehicle engineers and logistics planners in developing different truck components, data recording and retrieval systems, communications systems and other projects. And it is popping up more and more on the consumer vehicle side, with such services as

To Grow Your Business, Get Next to Your Banker

To Grow Your Business, Get Next to Your Banker Many things are important to nurturing your business, growing it, and reaching the next level – whether it’s larger quarters, bigger staff, or even adding new locations. Of course, you need a sound business plan, a professional management team and a good customer base. But you

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.

Deeper and Deeper

Deeper and Deeper Despite Struggles, Ag Market Sees Some Hope Ahead Just how far is down? Well, if you’re talking about the North American agricultural economy, down is a long, long way. But as long as farmers can still see the light of the morning sun, there is still hope. When Tire Review last looked

Why Pay More?: Right Depreciation Method Puts $$$ Where You Need It – The Business

p> The chart "Comparing Depreciation Methods" (page 26) provides a tangible example of the different methods of depreciation available to dealers. As you can see, the different depreciation strategies produce substantially different results in terms of impact on the income statement and the balance sheet value of the asset from year to year. Here’s a

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