Quantcast
Jump to content









Goodyear closing 92 Stores and will Cut 600 Jobs?


autoguy

Recommended Posts

Goodyear closing 92 Stores and will Cut 600 Jobs? Did anyone hear about this? They must be struggling.

 

"Goodyear Tire & Rubber Co. announced that they will be closing down 92 of their retail stores across the United States. They will be laying off 600 full and part time workers due to the slow economy. Goodyear has a total of 742 stores in the United States.

 

The spokesperson for the company said that because of the economy, people are driving less and it has affected how often they are replacing tires and buying new cars. They are planning on closing stores that are under performing.

 

The company has reported income increases in the second quarter to $75 million which the year before was $56 million. Their revenue also rose by 6.5 percent to $5.24 billion."

 

http://www.youtube.com/watch?v=tW7BJ4F3qjw

Link to comment
Share on other sites

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=1970">More sharing options...

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=2001">More sharing options...
What kind of an impact do you see this will have to the aftermarket???

 

For the time being it seems to me that demand is dropping faster than the number of shop which are closing.

 

From what I am hearing from around the country the number of shop closings could accelerate rapidly due to vast numbers of empty bays...shops are learning a definition of "slow".

Link to comment
Share on other sites

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=2014">More sharing options...

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=2029">More sharing options...

I am not sure if the stores are made aware yet either, know a tech at a local GY that is has lost at least 50% of their business and recently laid off two techs. They are trying to regain market share with customer appreciation day each and every Saturday and 18.95 OLF. Even with this delayed marketing onslaught each and every time I drive by (3 times daily est) 0 two 2 cars in the shop. The manager even had the audacity to contact me and ask what my labor rate was? Its posted, feel free to visit any time and take advantage of the free services we offer.

Link to comment
Share on other sites

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=2034">More sharing options...
Miles driven per motorist has been on the decline due to the rise in fuel. Because of this car counts are down across the country. This probably hurts the Goodyear accounts and other similiar stores that rely on a high car count to remain in business.

 

Considering the massive number of miles driven which could be defined as optional, the potential for this number to see a huge drop would seem quite high. Another shop owner told me recently how one of his regulars came in for some service in August. He normally drives 1,000 miles or so a month. He decided to make some major changes in his driving habits in a number of ways. The result was that the car had clocked 300 miles since April! That may be extreme, but I believe that many drivers could reduce their driving by thousands of miles each year.

Link to comment
Share on other sites

Premium Member Content 

This content is hidden to guests, one of the benefits of a paid membership. Please login or register to view this content.

Link to comment
Share on other sites

" data-webShareUrl="https://www.autoshopowner.com/forums/topic/1778-goodyear-closing-92-stores-and-will-cut-600-jobs/?do=findComment&comment=2044">More sharing options...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now









×
×
  • Create New...