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INDUSTRY NEWS


Moms make the calls on purchases
Tire Review
When it comes to vehicles, mothers have significant influence on the family's purchasing decision, according to a new survey. Seventy-three percent of women with children consider themselves to be the sole decision-maker in the vehicle-shopping process, according to a C+R Research survey commissioned by Cars.com.
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10 mobile credit card processing myths busted
Business News Daily
Although mobile payment adoption has been slow, consumers are steadily shifting their preferences as an increasing number of merchants implement mobile payment technologies (made easier and more accessible by major mobile payment players such as Square and PayPal). To stay competitive, it's more important than ever for small businesses to stay current and understand where mobile payment technology is headed.
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The power of a simple demonstration
Modern Tire Dealer
Sales is a fascinating profession, and tires are a fascinating product. Most consumers don't understand the complexity of tires, and as a result, find a simple explanation and simple demonstration both interesting and helpful.
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Looking for similar articles? Search here, keyword(s): Customer education.


A wave of technology will soon crash upon the auto industry
By Ryan Clark
The Obama administration recently pledged that all new automobiles would soon be required to have vehicle-to-vehicle communication technology that allows cars to "talk" to each other. Google has also been making serious advances toward the development of a "self-driving" car. The closer these science fiction-borne concepts come to reality, the more individuals within the car industry — from collision and repair technicians to automotive salespeople — will need to be aware of the numerous changes to every aspect of the automotive world.
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Buying from small businesses is important
Small Business Trends
You may be happy to know that the majority of people think it's important to frequent and buy from small businesses. An annual survey conducted by The UPS Store found that 94 percent of Americans believe shopping at small businesses is important. And 90 percent of the people responding to The UPS Store survey believe that small businesses are important to the economy.

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World's largest tire recycling facility opens in Houston, Texas
Triple Pundit
The old adage is true that everything is bigger in Texas. And now, so is tire recycling. Genan, the world's leading tire recycling company, recently unveiled its $140 million state-of-the-art plant in northeast Houston earlier this month with plans to recycle 10 million tires each year. The 40-acre plant, the largest of its kind in the world, will employ 60 workers and divert nearly one-third of all used tires in Texas from landfills.

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Windshield washer fluid linked to deadly Legionnaires' disease
Tire Business
Windshield washer fluid may be a breeding ground for bacteria that causes the deadly pneumonia known as Legionnaires' disease. Previous studies have tied riding in automobiles to the illness, though researchers didn't know how or why it happened. An investigation into fluid dispersed by school buses in Arizona seems to have provided the answer.

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Carbon black shortage predicted by 2016
Tire Business
The U.S. tire industry will start seeing shortages of carbon black as early as 2016 as carbon black producers face increasingly stringent environmental regulations, according to Gregory King, vice president of marketing for Sid Richardson Carbon Co. King says pending U.S. Environmental Protection Agency regulations could cause both increased costs and shuttered U.S. capacity within the carbon black industry.
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How personal credit affects small business borrowing
Small Business Trends
Unlike the CEOs of major public companies, whose personal financial situation has little effect on their companies' borrowing, if you are a small business owner, your personal credit is a major factor influencing your company's access to capital. The power of personal credit scores to predict small business loan repayment, the legal structure of many small businesses, and small business owners' use of personal guarantees and personal borrowing to finance business operations, all link small business owners' personal credit to their companies' access to capital.
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Cooper asks NHTSA for inconsequential noncompliance
Rubber News
Cooper Tire & Rubber Co. has petitioned the National Highway Traffic Safety Administration for a finding of inconsequential noncompliance in the case of 83,343 tires that have only five tread-wear indicators instead of the required six. Federal tire safety standards mandate at least six tread-wear indicators spaced approximately equally along each tire to allow motorists to determine whether the tread has worn down to 2/32 inch, the point at which tires should be replaced. Cooper told NHTSA that it believes the noncompliance is inconsequential because the absence of a single tread-wear indicator has no real effect on tire or vehicle safety.
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Be loyal to customers, and they will be loyal to you
Business 2 Community
Many companies constantly wonder how they can instill loyalty in their customers ... how customers can be encouraged to come back to their business time and time again. Is it in the quality of products supplied? The speed of the service? But it's actually very simple: if you express loyalty towards your customers, they will be loyal in return. It doesn't have to involve a complex strategy — just a simple intention to make the first move.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Propane battles natural gas for share of US transport market (Fox Business)
Get out of town: AAA expects uptick in holiday travel (USA Today)
NTSB takes a closer look at tire safety (Tire Review)
Small business optimism highest since 2007 (U.S. News & World Report)

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Colby Horton, Vice President of Publishing, 469.420.2601
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