The wealthiest independent tire dealers I’ve met always owned most of their own real estate. They lived in and around the market areas that their stores were in, so they knew the good locations with the best demographics and highest traffic patterns.
Following recent trends, our latest conversations with dealers leave us with a view that retail sell-out trends are continuing to trend downward, showing decreases on a sequential basis since this past October.
Auto service professionals with automobile certifications A1-A9 can get a one-time, one-year extension of their unexpired credentials by subscribing to the ASE renewal app, according to the National Institute for Automotive Service Excellence (ASE).
Here’s a look at some of the pieces of the massive spending bill Congress approved on Dec. 21 that are important to tire dealers and the automotive aftermarket. Among the highlights are additional COVID-19 relief, plus mentions of tire registration.
Michelin North America, Inc., has announced price increases up to 5% on select Michelin and BFGoodrich brand passenger and light truck tires, as well as on select commercial truck tires, "due to changing business dynamics of the U.S. market."
Bridgestone Americas Inc. has named Ben Skubish the new general manager of its Bridgestone Affiliated Retailer Nationwide Network, replacing Barry Feasel, who is retiring on Jan. 1 after 40 years with Bridgestone.