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TAG SEARCH RESULT: Tire Costs

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September 14, 2017

Why Buying the Cheapest Tires Could Cost You More

A tire veteran provides tips to keep in mind when shopping for a tire that would best fit your fleet's needs. It's not always about price; it's also about efficiency and mileage.

November 21, 2016

Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads.

January 4, 2012

Yokohama to Adjust Commercial Tire Prices Up to 8 Percent, Feb. 1

FULLERTON, CA - Yokohama Tire Corporation has announced it will implement a price increase of up to 8 percent on all of its commercial truck tires in the U.S., effective February 1.

January 4, 2012

Rising Tire Prices Take a Bite Out of Fleet Budgets

Tire industry experts foresee another round of tire price increases during calendar-year 2012. In the past, national account tire manufacturers have done their best to shield the fleet industry from price increases by holding prices for a 12-month period. Nowadays, there is concern that national account vendors will no longer be able to continue to absorb these cost increases.

December 22, 2011

The Forecast Is for Higher Tire Prices in 2012

The multiple price increases for replacement tires occurring year-to-date for calendar-year 2011 point to more increases on the horizon. Most tire industry experts foresee tire price hikes continuing for the balance of this calendar-year, with expectations of another round of pricing increases in calendar-year 2012. There are a variety of factors that will influence future tire price.

November 23, 2011

Higher Tire Prices Forecast for 2012

TORRANCE, CA - The multiple price increases for replacement tires occurring year-to-date for calendar-year 2011 point to more increases on the horizon. Most tire industry experts foresee tire price hikes continuing for the balance of this calendar-year.

October 11, 2011

Commercial Tire Prices to Rise Again in November

UNIONTOWN, OH - Michelin North America and Falken Tire Corp. plan to raise tire prices in November. Goodyear, Bridgestone, and Yokohama raised tire prices in September.

June 24, 2011

Commercial Tire Prices Increasing in July

UNIONTOWN, OH - Toyo, Yokohama, Continental, Michelin, Double Coin, Falken, and Hankook all are either raising tire prices in July or have done so recently.

April 4, 2011

AAA Study Finds Cost of Owning and Operating Vehicle in U.S. Increased

ORLANDO, FL - AAA released the results of its annual “Your Driving Costs” study, which revealed a 3.4-percent rise in the yearly costs to own and operate a sedan in the U.S.

March 22, 2011

Goodyear to Increase Truck Tire Prices Up to 15 Percent

AKRON, OHIO - Goodyear Tire & Rubber Co. will raise prices on its commercial truck tires on April 1, 2011.

March 7, 2011

Yokohama to Raise Prices 8% on April 1

FULLERTON, CA - Yokohama Tire Corp. will implement a price increase on all of its light and medium commercial truck tires in the United States effective April 1, 2011.

February 22, 2011

Toyo Tire U.S.A. to Increase Prices March 1

CYPRESS, CA - Effective March 1, 2011, Toyo Tire U.S.A. Corp. will increase prices on passenger car, light truck, commercial truck and OTR tires by an average eight-percent with in-line adjustments.

February 19, 2008

Tire & PM Costs Increase Car Maintenance

Increased cost of replacement tires and PM caused car maintenance expenses in 2007 to increase slightly higher than the prior year. Tire costs were up 4-7 percent, while PM expenses increased 10 percent. Other costs remained flat.

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