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The Importance of a Strong Balance Sheet

The Importance of a Strong Balance Sheet

In times like these, we learn the business lessons that stick with us for the rest of our lives. One lesson I think we’ll see is that the tire dealers who kept all of their technicians and best sales people employed during the pandemic will recover faster than those who did not.

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Creating a High-Touch Culture in a No-Touch World

Creating a High-Touch Culture in a No-Touch World

As America starts to gradually reopen, what an extraordinary opportunity to re-boot your business in a fundamental way — by truly putting the customer at the center of your culture. This starts by asking yourself a simple question: Do you have a high-touch culture or a transactional, low-touch culture? That might seem like an odd question to ask during this time of social distancing.

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Discount Tire Celebrates 60 Years

In celebration of its 60th year in business, Discount Tire, in partnership with Michelin North America Inc., is offering a sweepstakes for consumers through the end of 2020.

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PPP Loan Deadline Extended

The Paycheck Protection Plan loan application deadline could be extended.

With approximately $129 billion in Paycheck Protection Program (PPP) funding remaining at the end of June, Congress and President Donald Trump have extended the deadline for applications.

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Continental Offers Summer Tire Rebate

Consumers who purchase four light truck, SUV or CUV tires from Continental Tire the Americas LLC in July or August are eligible to receive up to a $100 Visa prepaid gift card.

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3 Questions With Black’s Tire

“We encourage our stores and dealer partners to sell peace of mind, which is hard to put a price...

Modern Tire Dealer is kicking off a new series of interviews with independent tire dealers. We sat down with Rick Benton and Ryan Benton from Black's Tire Service Inc. and asked them questions about issues facing the tire industry. They addressed wholesale distribution, e-commerce and the search for technicians.

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Les Schwab Puts Sale Process on Pause

“We anticipate resuming the sales process later this year, conditions permitting," says Thompson.

The sale of Les Schwab Tire Centers Inc., one of the country’s largest independent tire dealerships, has been “paused,” Dale Thompson, the company’s chief marketing officer, has told MTD.

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Industry Hiring Trails Overall U.S. Recovery

The U.S. Bureau of Labor Statistics lumps together auto parts, accessories and tire stores. In...

Tire dealers are well-acquainted with the economic impact of COVID-19. Retail sales plummeted after the initial shock from the pandemic, but then began to recover as stimulus checks were deposited into Americans’ bank accounts and stay-at-home orders were eased.

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The Group to Hold Virtual National Member Meeting

The Group to Hold Virtual National Member Meeting

The Automotive Parts Services Group (The Group) will hold a virtual national membership conference and expo August 18-20. With a theme of “Together Towards Tomorrow,” the meeting will bring together members of Federated Auto Parts and National Pronto Association, as well as supplier partners and associates in an online forum.