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So I got an email not too long ago from our tire distributor stating this:

 

As you know, President Obama signed a three-year tariff on China-made consumer tires back in 2009. The duties were in addition to the base 4% tariff which has been in place for years. The three-year tariff went into effect on September 26, 2009 and has now expired.

 

As of September 27th of this year, any products not already processed by customs are no longer subject to the tariffs imposed by the Obama administration. This change will undoubtedly cause some disruption in the market prices for Chinese import tires over the coming weeks. In addition, this event could have an impact on pricing other product lines and price tiers.

 

In light of the tariff expiration, distributors like ourselves have been forced to review and make modifications to our return policies. As a result, effective today, new returns on all Chinese imported tires will be credited at the lesser of price paid or current selling price.

 

If you have any questions, please contact your *** representative in your local distribution center. On behalf of everyone at ****, thank you for your understanding of this policy change, in the face of this unusual industry situation, and thank you for your business.

 

 

Soooo today I was quoting tires and on top of a NTF (New Tire Fee) that I have to charge customers, a FET fee came up on a certain types of tires, that I had never seen before, so I asked and it meant a Federal Excise Tax, which is understandable as tires come from out of the states but how did I never come across that before? Can someone explain all of this to me in laymans terms?? I know there are a lot of pros and cons to obamas tire tariff, but how does this affect us in our industry? So many fees and taxes, and how do I cover myself with all these fees?

Anyone else know about this whole Obama ordeal, I had never heard of it until I got the email from my tire distributor....



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  • Have you checked out Joe's Latest Blog?

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      It always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
      While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
      Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
      One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.
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