Looming Mandate: Without Help, Dealers Face Dark Future. How Will You Cope?
To many in the tire industry, TPMS is a four-letter acronym that is quickly becoming a four-letter word. That goes for retail dealers and, soon, consumers alike. But these people are only considering the hassles involved with servicing tire/wheel assemblies featuring these gizmos. Look a little deeper, and you’ll see the potential for independent tire
No End in Sight: Whether Premium- or Value-Priced, UHP Tires Are Here to Stay
Need some good news for once? Ultra-high performance tires have mushroomed into the single fastest-growing tire segment. From 2000 to 2004, sales of UHP tires were up 161%, jumping 32% from 2003 to 2004 alone. In terms of units sold, the numbers look like this: 3.99 million in 2000, 7.9 million in 2003 and 10.4
Brilliant Disguise: All That Glitters is Not Gold, Especially When it Comes to Tire Supply
Reviewing the state of the medium truck tire market in the spring of 2005 is enough to make a fortune teller reach for the Pepto. There is a record demand for tires, what appears to be a tightening supply of those tires (depending on who you ask), a continuing strong demand for Class 8 power
Good Times, Hard Times: With Global Demand Straining OTR Tire Supply, Dealers Must Again Look to Customer Service For Profit Growth, Experts Say
After five or so years of just scraping by, the North American OTR tire market is enjoying a happy problem – warehouse-emptying sales. In fact, the global OTR tire business is having the same problem. But that happy problem has created a larger, more ominous issue: inventories are virtually non-existent, backorders are heavy and manufacturers
Hot Time in Las Vegas: TIA Busy at Annual SEMA Show
TIA Busy at Annual SEMA Show
Fast Track to Profits DOT Racing Tires
DOT racing tires, also known as R-compound tires, are hot on the track and off. They boast decent margins, and they practically sell themselves: Customers are educated, experienced and already know what they want. But that doesn’t mean it’s easy to be in the DOT race tire business. More than with any other tire product,
United to Dynamic: Despite Family History, Dynamic’s Sherkin Not Looking Backward
The Sherkin family has a prominent place in the Canadian tire industry. Harry Sherkin started United Tire back in 1944 buying and selling retreads. Brothers Morris, Charles and Joseph joined the company as it grew into a major retreader, private brander and, finally, a manufacturer. The family business was sold to Pensler Capital Corp. in
Heavyweight Challenge: Understanding Customers’ Pain Points Can Boost Your Medium Truck Tire Sales
Turns out country singers are right ®“ a trucker’s life is hard. But we’re not talking about lonely stretches of highway. We’re talking business. “There will be a serious strain on the supply of medium truck tires available in 2004, and possibly through 2006, both at the OE and dealer levels,” says Ron Gilbert, director
Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Industry Report
With a new three-year labor contract in hand, Goodyear Tire & Rubber Co. turned its attention to other restructuring issues as it works to right its financial ship. The tiremaker formally announced the closing of its Huntsville, Ala., plant, then laid off about 200 employees from its Tyler, Texas, facility.