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INDUSTRY NEWS


It's a global economy: You need to know what is going on here and abroad
Modern Tire Dealer
We live in a global economy. It affects us all, both directly and indirectly. Close to 60 percent of the independent tire dealers in the United States are single-store owners, and they, too, are shaped by what happens overseas. They are not isolated because their market reach is only 10 miles from their front doors. Here's a good example: The 25 percent (at one time 35 percent) tariff on consumer tire imports from China ended last year, but it changed tire pricing in this country, perhaps forever. Consumers are holding off on their tire purchases and your sales are down as a result. Whether you are a retailer, commercial dealer or wholesaler (or all three), what happens in our industry somewhere in the world will tether itself to you in a six-degrees-of-Kevin-Bacon sort of way.
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Employers with 50 or more full-time workers required to offer 'affordable' coverage
The Washington Post
Requirements that medium-sized and large employers offer insurance coverage or face fines are one of the most complicated parts of President Barack Obama's health care law. While most of the estimated 160 million Americans with job-based coverage will not see not see major changes when the law takes full effect next year, the so-called employer mandate will be important to millions of workers, particularly in low-wage industries.
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Automotive specialty equipment sales climb for 3rd year
Tire Review
Sales of automotive specialty equipment products continue to climb, with sales in 2012 reaching $31 billion, according to the 2013 SEMA Annual Market Report. The figure represents a 4 percent increase over the previous year, and marks the third consecutive year of growth. "The report's findings are consistent with what we are seeing and hearing in the industry," said Chris Kersting, SEMA president and CEO. "Having experienced significant economic challenges over the past several years, the specialty parts and accessories market is ready and eager to do business. Companies have a more positive outlook about the future and are finding ways to grow the market."
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Is this the new golden age of customer service?
American Express OPEN Forum
Look around and you'll notice plenty of evidence that the golden age of customer service is dead. However, it doesn't have to be that way. Technology advancements are creating new ways for businesses to provide outstanding customer service not possible before. Small businesses that arm themselves with these new ways to keep customers happy will enjoy loyal followers that spread the word, and will gain an edge over the competition. The following are some tips to help you provide stellar customer service in the technology age, like it's still 1955.
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Looking for similar articles? Search here, keyword: Sustainability affects bottom line.


Recycled tires help the environment
Santa Cruz Sentinel
It may be hard to believe, but rubber roads and tire swings are reducing waste and helping the environment. The Tire-Derived Product Grant Program grants California counties millions to improve roads, playgrounds, parks and other facilities. The Department of Resources Recycling and Recovery brought together the state's recycling and waste management programs in hopes of creating a community that reuses the most amount of materials possible. The organization creates tire-derived products that to keep 100,000 tires from landfills, while providing efficient road and facility projects for cities in California.
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FEATURED ARTICLE
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'Upcyling' at its best: How to make a tire planter
Tire Business
All across social media, many have seen beautiful tire planters. What a great way to help the environment by reusing tires. Trying your hand at making one may also give you an opportunity to try out your "green thumb."

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Are the Yellow Pages outdated? Tire dealers don't think so
Modern Tire Dealer
The Yellow Pages have been derided as old-school advertising. Everyone seems to be saying the Web is the way to go. "The Yellow Pages aren't nearly as cost effective as digital media," they say. It appears, however, the Yellow Pages still have a place in our society.

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Financial analysis 101
Modern Tire Dealer
Tire and service shop owners are busy folks. And, even if they had the time, our industry is not known for having dealers take the time to review their monthly financial statements on a regular basis.

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GM, Honda issue auto recalls
The Augusta Chronicle
General Motors is recalling more than 193,652 SUVs from the 2006-2007 model years because a circuit board in the driver's door could short and cause a fire. Honda is recalling 104,500 cars in 49 countries to fix problems with the brakes. In the U.S., the recall covers more than 18,000 Acura RSX compact cars from 2006 and the Honda S2000 sports car from the 2006-2007 model years.
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States look to Texas for answers on taxes
The Texas Tribune via Amarillo Globe-News
When Gov. Bobby Jindal of Louisiana wanted to sell his plan to replace his state’s income tax with a higher sales tax, he pointed to Texas as the problem and the solution. Too many Louisiana residents are moving to Texas, because that is where the jobs are, he said. The jobs are there, he argued, because Texas does taxes right.
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See related story: Texas governor signs franchise tax bill (BodyShopBusiness)


Tire repair businesses will now need to pay fee
The Laredo Sun
The council will implement changes for an ordinance regulating tire businesses and establish an annual $150 registration fee per year. "There is already an ordinance to control the operations of these businesses but proposed some changes will be presented at the council meeting," said Erasmo Villarreal.
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New app helps smaller companies rank sustainability
GreenBiz
The powerful software that big businesses use to rank themselves on the sustainability ladder doesn't often apply to smaller companies. Now, however, a new mobile app targets small and midsize businesses seeking to measure their sustainability efforts.
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Auto makers proceeding cautiously during boom times
Rubber News
Vehicle production in North America is back near record levels, with output forecast to surpass 16 million units this year for the first time in more than a decade. But even though the numbers look similar to the days when Detroit used sky-high incentives to grapple with bloated inventories, the industry is in a much different place this time. Dozens of assembly and parts plants closed during the recession. Auto makers now are running many plants around the clock to keep up with rising demand, yet proceeding cautiously to ensure they don't get ahead of the market.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Financial analysis 101 (Modern Tire Dealer)
Customers willing to pay for a smile (Fox Business)
Taylor: Falling OTR tire prices will be temporary (Rubber News)
Michelin: Replacement market should perk up in 2nd half (Tire Business)
Residents can dispose of tires at no cost in Missouri counties (Southeast Missourian)

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TTDA Today
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644 
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