What lower gas prices mean for your shop
December 15, 2014

Yea or nay? Lower gas prices = more business
Gas prices are falling at an amazing rate. According to one government agency, they have dropped an average of nearly 28% since June 23, 2014.

GE Capital describes margins as 'difficult'
GE Capital has released its "Automotive Industry Economic Outlook Survey" for the fourth quarter of 2014. The national survey of middle market companies leaders revealed that despite a thriving automotive sector, automotive firms are having a hard time maintaining margins.

Bosch and DSP form new 20 Group
Dealer Strategic Planning Inc. (DSP) and Robert Bosch LLC are forming a new 20 Group exclusively for authorized Bosch Car Service shops. Bosch has selected the DSP 20 Group format to help its growing network of car service centers improve profitability.

More than 145,000 were at industry’s top shows
Las Vegas was the center of the automotive universe during the recent Specialty Equipment Market Association (SEMA) Show and the Automotive Aftermarket Products Expo (AAPEX).

SMP expands BWD engine management line
Standard Motor Products Inc. has added 551 new part numbers to its BWD engine management line, covering domestic and import vehicles.

Univ. of Aftermarket adds 100 scholarships
The University of the Aftermarket Foundation will award an additional $100,000 in scholarships in 2015, according to Tim Lee, chairman of the University of the Aftermarket Foundation. The increase will bring the total amount of scholarships awarded to $230,000.

TIA releases 2015 retread calendars
The Tire Industry Association (TIA) has released the 2015 Retread Production Date Code Calendar.

1-800EveryRim invites Pratt-Boyer to lunch
The third annual 1-800EveryRim.com–OEM Wheels New Year Luncheon will be held Jan. 15, 2015, in Pico Rivera, Calif. (the greater Los Angeles area). Yokohama Tire Corp. will be the co-sponsor of the California Tire Dealers Association (CTDA) event.

Web poll: Do you want tire registration?
One session during last week's National Transportation Safety Board (NTSB) Passenger Vehicle Tire Safety Symposium reopened the debate over tire registration.

Lori’s Listening

Fuel Prices
U.S. Gasoline and Diesel Fuel Prices

Nitto adds two tires to the Grappler line
The Terra Grappler G2 and the Exo Grappler AWT bring a tread wear warranty and severe snow service certification to the Grappler line of all-terrain tires from Nitto Tire USA Inc.

Who speaks for dealers in Washington?
Freda Pratt-Boyer was just out of high school in 1972 and working at a hospital when a friend suggested she apply at Potosi, Mo.-based Purcell Tire & Rubber Co. Her first job in the tire business was computer input clerk.

9 common consumer misperceptions regarding winter car care
”You don’t know what you don’t know” can certainly apply to how too many consumers approach the winter driving season and car maintenance.

What lower gas prices will mean for your business
Last year, the average retail gasoline price per gallon in the United States -- all grades, all formulations -- was $3.57. That was the third highest total since the U.S. Energy Information Administration started following gas prices.

One way to earn a customer's loyalty for (almost) life
With my mom moved to an assisted living facility in Sarasota, Fla., earlier this year, I recently visited her condo in Largo, Fla., and took the time to look through some of her papers.

Modern Tire Dealer compares Black Friday tire deals!
The automotive aftermarket is not immune from the sales juggernaut that is called Black Friday. The nationwide chains already have been advertising their willingness to take advantage of what many retailers believe is one of the most, if not the most, important day of their year.

U.S. Gasoline and Diesel Fuel Prices
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