ASA agrees to sell TireMaster software
MUSCATINE, Iowa-ASA Tire Systems and Bandag Inc. have entered into an exclusive licensing agreement to sell TireMaster software for tire and auto service dealerships.
The agreement, terms of which weren't disclosed, enables both firms to leverage their strengths in the marketplace, Bandag said.
TireMaster products-designed, developed and supported by Bandag's Quality Design Systems (QDS) subsidiary-will fill ASA's need for an entry-level product for smaller businesses, Bandag said. ASA also will benefit from additional options the TireMaster product can offer to existing customers.
Ford featured car maker at SEMA
DIAMOND BAR, Calif.-Ford Motor Co. will be the featured vehicle maker at the Specialty Equipment Market Association's 2004 SEMA show, Nov. 2-5 in Las Vegas.
``We are very pleased that Ford is returning as our featured vehicle manufacturer for our Las Vegas SEMA show this fall,'' said Christopher J. Kersting, SEMA president and CEO.
Jim O'Connor, Ford's group vice president of marketing, sales and service, called the SEMA show ``an ideal showcase for our newly redesigned Mustang. The Mustang is a classic hot rod-sure to strike a chord with SEMA show attendees, taking them back to their automotive performance roots.''
The show also provides Ford ``with the opportunity to showcase the flexibility of our vehicles for personalization and accessorization,'' he added.
More information about the Show is available www.semashow.org.
Keegan earned bonus, raise in '03
AKRON-Goodyear Chairman and CEO Robert Keegan received a bonus of $509,200 in 2003, his first full year as CEO of the Akron-based tire maker.
Mr. Keegan's salary also rose to $1 million from $840,000 in 2002, Goodyear said. Mr. Keegan did not receive a bonus in 2002. In 2001, when his salary as president was $826,667, he received a bonus of $566,724. Mr. Keegan was named CEO in late 2002 and chairman in mid-2003. The figures were published in Goodyear's annual proxy statement for investors.
In addition, Goodyear said Mr. Keegan's predecessor, Samir Gibara, was retained as a consultant throughout 2003. Under the agreement, Mr. Gibara provided assistance and advice to the company and received $180,000 paid in equal monthly installments.
In 2003 Goodyear reported a net loss of $802.1 million as sales rose 9.1 percent to a record $15.1 billion.
TIA offers new member benefits
BOWIE, Md.-The Tire Industry Association (TIA) will offer discounted rates on collection services and credit reporting to its members through Newton & Associates Inc.
New Orleans-based Newton is a national and international commercial credit and collection firm.
``We encourage every TIA member who has needs in the area of credit reporting and collections to contact Newton & Associates,'' said Roy Littlefield, TIA's executive vice president.
For more information, contact Hal Ernest Jr. at Newton at (800) 509-6060, or go to www.newton-associates.com
Michelin launches X One tire tour
GREENVILLE, S.C.-Michelin North America Inc. will take its X One wide single truck tire on a tour to 22 stops this summer to demonstrate its benefits to customers.
Michelin also has launched the X One Total Satisfaction Guarantee for customers who buy at least four replacement X One tire assemblies. The guarantee can cover up to 10 sets of X One tires bought for the first 60 days. Michelin will take back the tires and give a full refund if the customer is not satisfied.
Beginning this month and ending in August, Michelin will promote the tire's fuel and weight saving benefits. Current and potential customers will be able to drive a truck and trailer equipped with X One tires.
Michelin said sales of the wide single tire have doubled each year since its introduction in 2000.
Cooper expands marketing reach
FINDLAY, Ohio-Cooper Tire & Rubber Co. has become the title sponsor of ``Track & Trail Adventures with Wally Dallenbach,'' an Outdoor Channel show and has partnered with the Formula Drift Championship Series to supply its ultra-high performance Zeon ZPT.
The TV show sponsorship, which begins during the third and fourth quarters, allows Cooper to showcase the latest technological advancements of its motorsports-tested Zeon ultra-high performance replacement tire, the company said. The sponsorship includes a combination of 30-second commercials, billboards, Web site promotion on www.trackandtrailtv.com and logo apparel within the program.
The program reaches an estimated 6.6 million homes.
Cooper also has secured bonus spot advertising placements in the first and second quarters in another Outdoor Channel program, ``Wally Dallenbach's Garage,'' which provides car care repair and maintenance information.
The drift championship series, which began its inaugural season April 24 at Road Atlanta, is sanctioned by the Sports Car Club of America and will hold four events during its first season.
Cooper will have signage at each event, including its Mobile Tour at select events.
Firestone ag adds distribution center
DES MOINES, Iowa-Firestone Agricultural Tire Co. has put into service a new 850,000-sq.-ft. global distribution center in Des Moines.
``The completion of this project is significant,'' said Ralph Burchfield, president of Firestone Ag, a unit of Bridgestone/Firestone North American Tire. ``This global distribution center will improve our operations and help us to grow our business and create new jobs.''
Firestone Ag makes farm, forestry and industrial tires for distribution in more than 70 countries.