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Cover Story - May 2017 2017

The Decade of the CUV Tire: There’s Still Room for More ‘Significant Growth’ by 2020

By: Joy Kopcha

CUVs are on the verge of running passenger cars off the road in America. Tire makers insist it’s not a matter of if it will happen. It’s when. And it signals good news for tire dealers, says Drew Howlett, product manager for light truck and SUV tires at Falken Tire Corp.

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Vice Chairman and Managing Director Neeraj Kanwar (left), Hungary Prime Minister Viktor Orban and Chairman Onkar Kanwar celebrate the opening of the Apollo Tyres Ltd. plant in Budapest.
Article

Apollo Opens Tire Plant in Hungary, Looks for Growth in the U.S.

The opening of Apollo Tyres Ltd.’s new $500 million consumer and commercial tire plant outside of Budapest, Hungary, last month was a huge global event. Said to be the largest investment by an Indian-based company in Hungary, the grand opening drew a visit from Hungary’s Prime Minister Viktor Orban.

Article

Using 'Return on Sales' Measurement to Guide Purchases

Let’s look at two hypothetical tire and service stores, in the same town, a few miles from each other. Both stores do about $1.2 million in sales with about a third of their business in tires, the rest in service. Both see business is up and getting even better. It’s time to hire another salesperson. My advice to one of the owners is, “Go ahead, you need the extra help,” to which he thanks me for my expert opinion. To the other owner, I say, “It will make you lose money,” and he quickly tells me how wrong I am.

The Bridgestone Europe headquarters in Zaventem.
Article

Bridgestone in Europe! Building on Continued Success

As I am sure all MTD readers can appreciate, Europe is currently in the grip of a number of significant business trading changes including a fluctuating economy and the very real prospect of the UK market eventually leaving the European Union.

Article

Cost Pressures Will Likely Continue to Build

According to the results of our survey, demand for passenger and light truck replacement tires declined in March. Indeed, from a volume standpoint, the dealers reported they sold 0.8% fewer tires in March relative to the previous year’s period. The decline marks the third straight month of poor results versus the prior year’s period. However, on more a positive note, trends improved sequentially.

TRMG advises selecting the appropriate repair unit, either a one- or two-piece repair, based on repair material manufacturer recommendations. “For injuries with an angle greater than 25 degrees, depending on repair manufacturer, use a two-piece repair unit system.”
Article

LT Tire Repair: TRMG Revises its Recommendations

The Tread Rubber and Tire Repair Materials Manufacturers Group (TRMG) has released additional Recommended Practices (RPs) for retreading and repairing through the Tire Retread & Repair Information Bureau (TRIB) website. The RPs are free to view on TRIB’s website, www.retread.org.

Midtronics’ DSS-7000 battery diagnostic service system services start-stop, hybrids and conventional vehicles. Its capabilities include reserve capacity analysis.
Article

Prepare Now for Start-Stop Battery Systems

U.S. market share for start-stop systems is growing quickly. Estimates call for start-stop systems to be installed on 40% of new vehicles sold in the U.S. in 2020, up from less than 2% today.

A technician installs a new replacement air suspension strut into the front of a Range Rover Sport.
Article

Tips on Servicing Air Suspension Systems

Independent tire dealers account for more than $5 billion of the suspension service work performed in the U.S. That averages out to yearly sales of $189,000 for any tire dealer who offers both chassis/suspension service ($125,459) and shock and strut replacement ($62,379).

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