THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Replacement tire prices are driven by raw material costs, which in CY-2019 were less volatile, but higher nonetheless. Tire prices increased slightly higher than the rate of inflation, which was partially offset by improvements in tread wear longevity.
By managing a tire throughout its lifecycle – from selection to removal – fleet managers can make a big impact on the bottom line, all while making mobility more efficient for their fleet.
Continental's pre-cured tread plant in Mt. Vernon, Ill., adds a second production shift, and is expected to reach a 300% increase in production compared with 2018.
The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed in an SEC filing today.
Higher commodity prices are putting upward pressure on fleet prices for replacement tires. National accounts are no longer as willing to absorb the majority of price increases, which are between 3%-8% on select tire lines.
At Michelin's Movin' On conference, the company announced goals to use 80% sustainable materials in its tires and produce 100% recyclable tires by 2048.
For the past four years, tire costs have been stable. But new cost pressures have emerged in 2017, primarily with higher prices for commodities used to manufacture tires and the trend to larger diameter, more expensive, tires.
FCA will provide replacement certification labels that give more complete tire and rim information for more than 22,000 SUVs in the 2017 and 2018 model years.
Looking not unlike a lushly blue life form on James Cameron’s cinematic world of Pandora, the prototype of Michelin’s Visionary concept tire glowingly held center stage at the tire maker’s Movin’ On global conference on sustainable transportation.
The International Trade Commission (ITC) has upheld the tariffs on off-the-road tires suggested by the U.S. Department of Commerce (DOC).