Pep Boys — Manny, Moe & Jack is adding 134 locations with the purchase of Just Brakes Total Car Care. The acquisition gives Pep Boys more than 900 locations in the U.S.
The Automotive Distribution Network recently announced the election of Fort Smith, Ark.-based Tri-State Enterprises Inc. into membership as a shareholder, said Mike Lambert, president of the Network.
“Formerly a CMB member under the Network umbrella, Tri-State has grown significantly over the last 18 months, as the company has expanded its hard-parts business while remaining a leading supplier of full-line truck accessories,” Lambert said.
Operating out of its 160,000 sq.-ft. main warehouse in Fort Smith and a 55,000 sq.-ft. satellite location in Little Rock, Tri-State delivers hard parts and truck accessories on the same trucks to customers in Arkansas, Oklahoma, Louisiana, Kansas City and Missouri.
The Network says it is a natural fit for Tri-State Enterprises, which has added three product lines in the last month, with plans to rapidly grow its hard-parts offering, said Tristan Taylor, general operations manager for Tri-State.
“Exceptional customer service has put Tri-State Enterprises on the map,” Taylor said.
“It’s our people who distinguish us from our competition. So when we decided to join a buying group, we looked at the people behind the programs. The Network has great people who are excellent to work with.”
Operating under the brands of Parts Plus, Parts Plus Mexico, IAPA and Auto Pride, the Automotive Distribution Network says it is one of the largest, most diverse program groups in the industry.
For more information, contact Bob Barstow at Network Headquarters, 3085 Fountainside Drive, Suite 210, Germantown, Tenn., 38138, (901) 682-9090.
If reports out of Asia are correct, details about the sale of Kumho Tire Co. will become more clear this week.
In 2008, North American tire manufacturers had the capacity to produce 352.7 million tires annually. Five years later, that number was down to 306.3 million tires annually, a 13.1% drop.
As independent tire dealers battle the competition, they often search for the one thing that will help them stand out. At the 2017 K&M Tire Inc. annual dealer conference, the wholesaler provided a day-and-a-half event full of educational sessions to help dealers identify those opportunities.
Nexen Tire America Inc. has sent a letter to its customers informing them of a "weighted average price increase of 5%."
Artificial intelligence (AI) has come to the tire industry by way of Sears Auto Centers. With the pilot launch of the retail chain's "Digital Tire Journey" Web app, consumers can identify the appropriate tires to fit their driving preferences.
Federal Corp.'s Chungli, Taiwan, consumer tire factory was involved in a fire on Tuesday, Jan. 17, 2017. There were no casualties, and the production facilities were unaffected, says a company spokesperson.
High-value-added passenger tires is the buzz phrase in the tire industry right now. Also known as HVA tires, they are defined by some companies as tires 17 inches and above in size, by others 18 inches and above. Either way, they are trending upward.
The Smithers Group has upgraded its tread wear testing capabilities at its primary Tire and Wheel Test Center in Ravenna, Ohio.
The European subsidiary of Bridgestone Corp. is acquiring a chain of 104 stores in France.
The North Carolina Tire Dealers Association (NCTDA) will honor its 2017 Dealer of the Year and induct two new members into its Hall of Fame.
Mark Peak of Peak Auto Service Inc. in Girard, Kan., won the grand prize in a recent Jeep Rubicon Sweepstakes from Friend Tire Co., a wholesaler in Monett, Mo. that's a wholly owned subsidiary of the Yokohama Rubber Corp.
Discount Tire has added a store in Sugar Land, Texas. It is the third Discount Tire outlet in Sugar Land, which is part of the Houston metropolitan area, and the 12th location in Fort Bend County.
Every year, Modern Tire Dealer breaks down "the year that was" in its January Facts Issue. It is the first publication with an in-depth report on the previous year's performance.
The 2017 Lexus LS sedan features the Turanza T005 run-flat tire by Bridgestone Corp. as original equipment.