News

Michelin’s Net Income Rises 43% in 2016

Margins on consumer tires helped boost Groupe Michelin’s net income 43% in 2016. Michelin posted net income of 1.7 billion euros on net sales of 20.9 billion euros for its fiscal year ended Dec. 31, 2016. That compares to income of 1.2 billion euros on sales of nearly 21.2 billion euros for fiscal 2015.

News

Kumho Suffers Fiscal Loss Followed by a 2-Day Strike

Kumho Tire Co. Ltd. posted a net loss of 58.4 billion won on net sales of more than 2.9 trillion won for its fiscal year ended Dec. 31, 2016. That compares to a net loss of 69.3 billion won on sales of 3 trillion won for fiscal 2015.

News

Sutong China Tire Consolidates 2 Warehouses Into One

Sutong China Tire Resources Inc. recently purchased a 360,000-square-foot facility in Anderson, Ind., in order to consolidate two of its existing distribution centers. The warehouse will combine tires from one of Sutong’s distribution centers in Indiana and one in Houston, Texas.

Natty at NATRE: Show organizer Gus Lima, in the periwinkle blue suit, will cut the ribbon for the third time when the North American Tire & Retread Expo opens for business on April 19.
News

Why Retail Tire Dealers Should Attend NATRE

The North American Tire & Retread Expo (NATRE) is shaking up its conference schedule in 2017. This year, the conference schedule is divided into two separate training "tracks" or programs. One focuses on passenger tires and auto service, the other on commercial tires and retreading.

News

Falken Tires Partners With Brenthel For 2017 Race Season

Falken Tires has once again partnered with Brenthel Industries, who will be campaigning Falken’s Teal and Blue livery in not only SCORE and Best in the Desert long-distance desert racing, but also in the Lucas Oil Off-Road Racing short-course series.

Angela and Chris Chase display the award Goodyear presented to them in honor of Rice Tire selling Goodyear brand tires for 44 of its 60 years. Chris is Rice Tire's CEO.
News

Rice Tire Celebrates 60 Years of Growth

Donald B. Rice Tire Co. Inc. marked its 60th anniversary in 2016 and will have more to celebrate in 2017 when a six-bay expansion to its flagship store in Frederick, Md., is complete.

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