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INDUSTRY NEWS


The real benefit of TPMS
Modern Tire Dealer
When Congress first directed the National Highway Traffic Safety Administration to mandate a system that would monitor the tires on new vehicles and warn the driver of an under-inflated tire(s), it was a direct response to numerous tire-related accidents that occurred primarily in the South as the result of the excessive heat. Over a decade later, millions of cars, SUVs and light trucks currently include a tire pressure monitoring system that notifies the operator when one or more of the tires are 25 percent below the inflation pressure listed on the vehicle’s tire placard. Without a doubt, the original purpose of TPMS was to improve safety on the highway.
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Vehicle fuel efficiency reaches a high, nearing goal for 2016
The New York Times
Automakers are making slow but steady progress improving fuel efficiency, as the industry hit a high for the average miles per gallon of new vehicles sold in August in the United States. A recent study released by the University of Michigan said that the average fuel economy on the window stickers of cars and trucks sold last month was 24.9 miles per gallon. That was nearly five miles per gallon better than the 20.1 m.p.g. recorded in October 2007, when the university's Transportation Research Institute began tracking the data.
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Can immigration speed the economic recovery?
CBS News
Cities and towns across the U.S. struggling to recover from the Great Recession could benefit from a key force for economic renewal: Immigrants. Foreign-born residents, who now account for one in eight Americans, are boosting job growth, raising home prices and more broadly helping to revive thousands of economically distressed communities, according to a new report by the Americas Society/Council of the Americas and the Partnership for a New American Economy.
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Handling online reviews
Tire Review
Tire dealers have a love-hate relationship with online consumer reviews — they love the good ones, but boy do they hate the bad reviews, especially if they feel the negative comments are unwarranted. But online reviews are here to stay, and they can have a tremendous impact on your business. According to McKinsey & Associates, two-thirds of the economy is now based on word-of-mouth. Why so much?
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FEATURED ARTICLE
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Build trust at work
American Express OPEN Forum
In business, trust is one of the most valuable and complex of all your assets: It solidifies your relationship with your customers, helps you increase sales and makes you a better leader.

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Service trailer tires
Modern Tire Dealer
Knowledge is power, especially for independent tire dealers who realize that more product knowledge about service trailer tires powers more sales.

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5 ways to manage your time more effectively
By Karen Childress
If you're busy to the point that you routinely wish for 30-hour days, then you need ways to save more than minutes.

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Social campaigns no longer optional for small businesses
BusinessNewsDaily
There's a big reason small business owners should work on their social media efforts. New research has found that nearly three-quarters of the followers of small- and medium-size businesses say they are more likely to purchase something from a company they follow on Twitter. That was not the only reason people had for following companies on social media, though. More than 60 percent of followers say they follow small businesses to show their support for the business and to interact with a small business.
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Another attempt made to invent airless tire
USA Today
For years now, automakers have tinkered with the notion of a tire that doesn't need air. Basically, most of the resulting designs look like a plastic version of the wheels in Flintstones cartoons. Enter South Korea's Hankook, which is showing off its own design. This one has "organically connected" spokes and a spongy construction that allows it to flex for bumps.
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No penalties for lack of health exchange notice
Tire Business
Employers will not be fined by federal regulators if they fail to distribute to employees health care reform law model notices about the availability of public health insurance exchanges, the U.S. Department of Labor said recently.
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Community repairs roads using eco-friendly materials
WNEM-TV
VideoBrief The city of Clio, Mich., is repairing several of its roads using environmentally friendly material. The new improvements are made possible by a grant from the Michigan Department of Environmental Quality's Scrap Tire Market Development Program. The asphalt used to repave the roads in Clio is mixed with material from recycled tires. City Administrator Eric Wiederhold says the scrap tire material helps the community go green and stay safe at the same time.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    5 ways to manage your time more effectively (By Karen Childress)
Service trailer tires (Modern Tire Dealer)
4 changes to work-life balance with the highest ROI (American Express OPEN Forum)

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Colby Horton, Vice President of Publishing, 469.420.2601
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