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Despite Lackluster Results, Dealers Still Speculate Volumes Will Increase Going Forward

According to the results of our survey, demand for passenger and light truck replacement tires declined again in April. Indeed, from a volume standpoint, the dealers reported they sold 0.9% fewer tires in April relative to the previous year’s period. The soft results marked the fourth straight month of lackluster results, including three consecutive months of negative volumes. The weak results come despite weather patterns and the disbursement of tax refunds normalizing.

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Six Hankook Tire Dealers Will Host Events for Veterans

Six tire dealers will help Hankook Tire America Corp. continue its partnership with the Disabled American Veterans (DAV) organization. Those dealers will host the group's Mobile Service Offices (MSO) at their stores so the DAV can reach out to veterans in those communities.  

Joe Venezia will lead Bridgestone's retail efforts at its 2,200-plus company-owned stores.
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Bridgestone Retail Stores Have a New Leader

The 2,200-plus retail stores owned and operated by Bridgestone Americas Inc. have a new leader. Joe Venezia is the president of Bridgestone Retail Operations LLC (BSRO) effective June 19, 2017.  

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Bridgestone Invests in Tire Recycling

After three years as a major, confidential investor in a tire recycling project, Bridgestone Americas Inc. is assuming the role of minority investor.  

The officials who gathered for the groundbreaking were, left to right, Frank Seman, Mayor of Ravenna; Keith Grabo, Goodyear; Kelvin Standard, Michelin; John Sabistina, Bridgestone; James Fogarty, Hankook; Nathaniel Leonard, Smithers; Mike Hochschwender, The Smithers Group; Jim Popio, Smithers Rapra; Jeff Endicott, Cooper; Knut Budde, Continental; and Bradford Ehrhart, Portage Development Board.
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Smithers Breaks Ground on Tire Testing Expansion

The Smithers Group has broken ground on an expansion of the Smithers Tire and Wheel Test Center which will allow for tests of higher wheel torque and increased longitudinal and lateral load limits.  

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