Mark-Up vs. Margin: Knowing the Difference Makes a Difference in Profits
Mark-Up vs. Margin Knowing the Difference Makes a Difference in Profits Independent dealers often buy service parts from auto dealerships because, for some applications, they feel the quality may be superior to aftermarket parts, or because certain parts are available only through OE sources. Unfortunately, auto dealers typically discount hard replacement parts about 20% to
State of The Union: Low Cost Radials, consolidations, Economy Hurting Retread Industry
State of The Union Low Cost Radials, consolidations, Economy Hurting Retread Industry Developing a forecast for the tire and retread industries for this year has been like trying to forecast the stock market. I can only hope that my industry forecast and report will be more accurate than my stock market judgments over the last
Industry Report
OSHA Ergo Regs Removed, May Be Reworked
What You Want Isn’t Alwasy What You Get
Be careful. What you expect sometimes isn’t what you get. Especially in the workplace.
There’s Bucks in LT/SUV Tire Balancing
Tire/wheel balancing is a service that most tire dealers offer because it helps tires ride smoother and last longer. It can also add some much-needed profit to your bottom line. Proper balance is especially important with light truck/SUV tires – especially LT-sized units ®€“ because of their larger diameter and heavier tread and casing. The
Does Anyone Know?: Has the LT/SUV Market Changed in the Post-Recall World?
Does Anyone Know? Has the LT/SUV Market Changed in the Post-Recall World? Not too long ago, the light truck/SUV market may have changed forever. Aug. 9, 2000, to be exact. It was a Wednesday, not unlike any other Wednesday. Except the firestorm that started that day has had a far-reaching – and still unclear ®“
In The Green: Lawn/Garden Tires Offer Dealers an Easy, Low Cost Way to Profit
In The Green Lawn/Garden Tires Offer Dealers an Easy, Low Cost Way to Profit With the official start of Spring 2001 only days away – except for you lucky ones in Florida, Hawaii and Southern California who enjoy great weather all year – the time is right to look at opportunities in lawn and garden
Focus on the ‘Why,’ Not the ‘What’
"Changing the basic retail tire buying experience" is the hot topic right now. It’s been the underlying thread of every dealer meeting I’ve attended over the past year, and it will doubtlessly be the theme of many more in the near future. And it should. Between 1997 and 1999, tire retail customer satisfaction, measured by
It Takes a Thief: One in Three Steal -Detecting and Preventing Employee Theft
It Takes a Thief One in Three Steal –Detecting and Preventing Employee Theft One of three workers steals from an employer and such sleight-of-hand costs businesses more than $50 billion a year, according to the U.S. Department of Commerce. Don’t think it’s a problem in the tire biz? Just last month an ex-store manager for
Industry Report
Another Recall, Chairman Quits and Lawsuits Stack UpNew problems and some unexpected after-effects of the Bridgestone/Firestone (BFS) recall continue to plague the Nashville-based firm: