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As 2013 comes to a close, TTDA would like to wish its members, partners and other industry professionals a safe and happy holiday season. As we look forward to the New Year, we would like to provide the readers of TTDA Today a look at the latest information on the 2014 TTDA Convention & Displays. Our regular publication will resume next Wednesday, Jan. 8, 2014.

Mark Your Calendars Now — TTDA Convention, April 23-25, 2014

Texas Tire Dealers are pleased to announce the 2014 Convention will be held at the Marriott in Sugar Land, Texas. The dates will be April 23-26, 2014. Below is a tentative schedule. Program speakers and details will be available on the TTDA website in January 2014.

2014 tax law changes and your business
Fox Small Business
The New Year will undoubtedly bring a lot of tax changes, some of which kicked off in 2013. Some tax professionals argue it's a good idea for small business owners to do a tax projection now so they will know how much they will be on tap for come 2014.

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Michelin recalls 1.2 million tires in US
Automotive News
Michelin said it had detected a "tread/belt endurance" problem through warranty claims and 20 claims from consumers seeking reimbursement for damage to their vehicles. There have been no reports of injuries, Michelin said.

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States look to alternative fuel vehicles for efficiencies
The Washington Post
States interested in squeezing every last efficiency out of their budgets are increasingly turning to vehicles that run on alternative fuels or use less gas, initiatives officials say could end up saving millions of dollars over the long run — while helping to spur an emerging industry.

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TTDA Annual Convention & Displays
April 23-25, 2014
Marriott Town Square
Sugar Land, Texas (Houston)

Wednesday, April 23
Noon – TTDA Golf Classic - Greatwood Golf Course
6:30 p.m. – Reception – Marriott Town Square

Thursday, April 24
7 a.m. – Continental Breakfast with the Exhibitors
8:30 a.m. – General Session
Noon - Lunch
1:30 p.m. – General Session
2:30 p.m. – Rapid Round Tables
3:30 p.m. – Happy Hour with the Exhibitors
6:30 p.m. – Celebrate TTDA Casino Night

Friday, April 25
8 a.m. – Buffet Breakfast
8:30 a.m. – TTDA Membership Meeting and Presentation of Awards
9:30 a.m. – General Session with Keynote Speaker
Noon - Adjourn

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New oil change invoice requirements for shops
Tire Review
From Oct. 23: Your customer invoices might have to list the engine oil type, brand and other related information, according to a new recommendation by the U.S. Commerce Department's National Institute of Standards and Technology and the National Conference of Weights and Measures. These recommendations became effective July 1 for states that approve, and are outlined in a section known as the Uniform Regulation for the Method of Sale of Commodities. But, it is still not clear how these recommendations will be enforced.
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Will selling used tires become illegal?!
Modern Tire Dealer
From April 3: According to the Rubber Manufacturers Association, an estimated 20-25 million used tires enter the domestic market each year. How many of them are re-sold? The RMA wants to limit that; as a result, it is supporting Texas legislation that will, in essence, make selling an "unsafe" tire in Texas a punishable offense. TTDA opposses this legislation, and believes that there are current rules and regulations that handle the illegal dumping of used tires if the rules were properly enforced. Click here to read TTDA's comments regarding SB 459.
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An installer's guide to wheel offset
Modern Tire Dealer
From April 24: One of the most common modifications your customers make to their cars is to replace the wheels. It's easy to see why — there is really no faster, more effective way to customize a car's look or feel than by changing the wheels. Whether your customers are upsizing to 18-inch high-performance wheels for a "sporty" look and feel, going all out with those 20-inch or larger "bling" wheels, or downsizing to smaller wheels for a set of snow tires, there are three factors that consumers and service professionals must take into account when choosing and installing a different size of wheel.
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Financial analysis 101
Modern Tire Dealer
From June 19: Tire and service shop owners are busy folks. And, even if they had the time, our industry is not known for having dealers take the time to review their monthly financial statements on a regular basis. I believe this holds dealers back from achieving their true potential of “improving their bottom line profits.” After looking at hundreds of monthly profit and loss statements, as well as gathering industry data from the financial community, here are some stats that should interest us.
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Yet another competitor arises
Tire Business
From Oct. 23: In the not so distant past the arch nemesis of small independent tire dealerships was the so-called "big box" store segment — including retailers such as Sears, Costco and Wal-Mart. Today, after the most recent recession that throttled the auto industry and shrank the car makers' franchise networks, auto dealerships are looking for every opportunity to recapture lost sales. That means taking a bigger bite out of the tire and auto maintenance aftermarket.
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Missed last week's issue? See which articles your colleagues read most.

    Tire labeling beginning to have effect (Tire Review)
Small businesses get creative to cut health cost (USA Today)

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


TTDA Today
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644 
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