Another use for footballs: tire pricing
October 16, 2014

What does tire pricing have to do with a football?
A football provides a helpful way to look at three basic tire pricing segments, according to Modern Tire Dealer columnist Wayne Williams.

Discount Tire adds stores in Iowa and Texas
Discount Tire has opened stores in Cedar Rapids, Iowa, and El Paso, Texas. The company now operates four stores in Iowa and 233 stores in Texas.

Michelin adds Multi Energy T to X One line
Michelin North America Inc. has launched a wide-base single trailer tire for regional operations with a new casing design to reduce irregular wear. The new Michelin X One Multi Energy T is SmartWay-verified.

Sensata's purchase of Schrader is complete
Sensata Technologies Holding N.V. has completed the acquisition of tire pressure monitoring systems (TPMS) manufacturer Schrader International Inc. from private equity firm Madison Dearborn Partners LLC for $1 billion.

APPEX: Get a heads up on industry trends
The 2014 Automotive Aftermarket Products Expo (AAPEX) is offering 12 free sessions on industry trends to help attendees increase sales, boost profitability and grow their businesses. The AAPEXedu sessions start Nov. 3, a day before the official start of AAPEX, which runs Nov. 4-6 in Las Vegas.

Falken’s campaign honored for graphic design
Falken Tire Corp. has been recognized by Graphic Design USA (GDUSA) as a winner of its 51st annual American Graphic Design Awards.

Toyo board announces changes
The board of directors of Toyo Tire & Rubber Co. Ltd. has appointed Akira Nobuki as chairman, effective Nov. 1.

Retread plant pledges $30,000 to hospital
Bridgestone Bandag LLC’s retread facility in Oxford, N.C., has pledged a charitable donation of $30,000 to the Granville Health System Foundation.

Penray to feature newest additives at AAPEX
Penray Companies Inc. will emphasize fuel systems additives and supplements for gasoline and diesel-powered vehicles, including a new product that prevents ethanol and gasoline from separating in the fuel tank, at the 2014 Automotive Aftermarket Products Expo (AAPEX) Nov. 4-7 in Las Vegas.

Akebono: U.S. production adds quality control
Akebono Brake Corp. says it will continue to manufacture its entire ultra-premium ceramic disc brake pad line in the U.S., a strategy which provides exclusive control of its production processes.

Centric Parts doubles caliper reman capacity
Centric Parts, a North American manufacturer and supplier of aftermarket brake components and systems, has doubled its brake caliper remanufacturing operations in response to heavy customer demand.

Brake Parts will reveal Camaro winner at AAPEX
Brake Parts Inc. LLC (BPI) will announce the winner of its Raybestos brand’s Camaro sweepstakes at the 2014 Automotive Aftermarket Products Expo (AAPEX) Nov. 4- 6 in Las Vegas.

Philips unveils lights with 12-year guarantee
Philips Automotive North America, a division of Royal Philips, has introduced a line of direct replacements for interior and exterior vehicle lighting that includes street legal LEDs. Philips Vision LEDs are guaranteed to deliver years of dynamic lighting and are backed by a 12-year limited warranty.

Lori’s Listening

5 years and counting: Latin American & Caribbean Tyre Expo
The fifth annual Latin American & Caribbean Tyre Expo in Panama City, Panama, attracted roughly 3,800 qualified participants and 233 exhibitors from over 78 countries, according to show organizers.

Prices were roughly flat on both premium and value brand tires
According to the results of our survey, demand for replacement tires remained healthy in July. Indeed, from a volume standpoint the dealers reported that they sold 0.4% more tires last month on a year-over-year basis, following a 0.7% increase in June and a 1.3% increase in May.

It’s never just about price
The biggest thing about price is that price is not the biggest thing. Oh, don’t get me wrong, price is important, but it’s not the most important factor when customers are making their final decisions.

Hankook makes sure America's efforts during the Korean War are not forgotten
The moment was brief yet poignant. Seung Hwa Suh, vice chairman and CEO of Hankook Tire Co. Ltd., was finishing up his speech at the groundbreaking ceremony for Hankook's tire plant in Clarksville, Tenn.

Why you should ask yourself if being open on Sunday is an option
The battery on my wife's 2001 Firebird died over the weekend. She discovered it after work, and was lucky to get a jump so she could get it home.

CR implies too many Chinese tires lack quality
Consumer Reports recently included Chinese tire brands in one of its tire testing projects. This was a first for the magazine.

U.S. Gasoline and Diesel Fuel Prices
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