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INDUSTRY NEWS


Going green with automotive recycling
Top Speed
Every day, thousands of new cars, trucks, vans and SUVs roll off assembly lines the world over. They represent the newest technology and innovation their respective manufacturer has to offer, and for many buyers, will be the second-largest single purchase they make following their house. But what happens to a vehicle once its life on the road comes to a stop?
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What to make of those annual forecasts
By Michael J. Berens
With 2014 only a month away, last year's business plans are heading for the shredder. 'Tis the season once again for sharpening pencils, creating fresh spreadsheets and bringing the team together for a visioning and planning session. And just in time, here comes the annual parade of predictions, forecasts and trends for the coming year to give you a bit of help. Should you factor them into your plans or dismiss them as just so much seasonal industry buzz? The following are a few rules-of-thumb to help you get the most from this year's forthcoming crop.
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Rubber sector bucks US trend, improves deficit
Rubber News
The U.S. rubber industry showed a marked improvement in its trade balance through May compared with last year, bucking the national import/export trend. The trade deficit for rubber products declined by 3.4 percent for the first five months of 2013 compared with a year earlier. Much of that improvement came from trade in styrene-butadiene rubber.
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Improve customer retention while reducing costs
Business 2 Community
Customer retention is a company job. People often think that customer acquisition is a marketing function while retention belongs in the service department. Both of those functions are interchangeable because a company that does a good job retaining customers finds it easier to acquire them. Loyal customers keep coming back and bring their friends with them.
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Consumer spending rises in November
USA Today
Americans spent an average $91 a day in November, up from $88 in October and continuing a healthy rebound in consumption since the 2008 financial crisis, according to a Gallup Daily tracking survey.

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Caution urged with ceramic disc work
Tire Business
Rotary Lift is cautioning auto repair shops working on vehicles with ceramic composite disc brakes requires extra care because they're susceptible to accidental cracking.

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New TIA statement regarding tire storage impact on service life
Tire Review
TIA, through its Environmental Advisory Council, issued a new best management practice concerning proper tire storage.

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Patent trolling bill gets House committee approval
Tire Business
The U.S. House Judiciary Committee has approved a bill to address patent troll litigation. The bipartisan vote was 33–5 for the legislation (HR 3309) that had the support of the Specialty Equipment Market Association. At issue are frivolous lawsuits asserting that a company or individual is infringing a patent, according to SEMA.
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Lithium-sulfur battery lab tests show high energy density
Green Car Reports
Researchers at the U.S. Department of Energy's Lawrence Berkeley National Laboratory are experimenting with a lithium-sulfur battery design with twice the specific energy of lithium-ion batteries, and a usefully long life under repeated charging and discharging cycles. According to Green Car Congress, such batteries would also be cheaper and safer than lithium-ion designs — without the overheating and fire issues that have made the news over the last few years.
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Honing your tire program
Fleet Equipment
The end of the year is a great time to revisit your tire program to determine what is working and what needs to be improved. Every fleet tire program is unique — what works well in one fleet may not be the best approach for another. Tires will last several years with a good, solid maintenance program.
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Delivering holiday bonuses? Remember these rules
Workforce Management
As the year draws to a close and the holiday spirit abounds, employers can anticipate reviewing year-end figures to determine who goes on the naughty or nice list. Whether erring on the side of Scrooge or St. Nick, the following are a few points on bonuses and gifts that employers should keep in mind.
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Foreign Tire Sales will recall truck tires
Modern Tire Dealer
The National Highway Traffic Safety Administration is requiring Foreign Tire Sales Inc. to recall 2,659 truck tires because of inaccurate load and inflation information on the tires. Foreign Tire Sales had petitioned the Department of Transportation and NHTSA to declare the noncompliance inconsequential because it believes the difference between the proper load ranges and inflation pressures is minimal.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    IRS to take a closer look at small business filings (Entrepreneur)
Bootstrapping tips for the resourceful small business (Mashable)
EPA trims 2014 renewable fuel mandate to 15.21 billion gallons (Bloomberg BNA)
Safety organization introduces system for TPMS certification (Rubber News)
Consumer demographics (Modern Tire Dealer)

Don't be left behind. Click here to see what else you missed.


 

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Colby Horton, Vice President of Publishing, 469.420.2601
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