Among those who died were three past presidents of the Automotive Fleet & Leasing Association (AFLA), the voice of the retreading industry, and several fleet sales managers from the Detroit automakers.
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.