News

Leeds West Groups Buys 42 Midas Locations

Leeds West Groups (LWG) is buying Auto Systems Experts (ASE), an employee-owned company based out of Davenport, Iowa, that operates 42 Midas locations in six states in the Midwest.

News

Michelin Buys 2 Tire Pressure Control Companies to Create Farm Tire Solutions

Michelin Group has acquired two manufacturers of tire pressure control systems with one goal in mind: to become the global leader for central tire inflation systems (CTIS) in the agricultural market. It also marks Michelin's entrance into the larger world of providing solutions to farmers beyond tires.  

News

Stemco Buys Medium-Duty Brake Pad Manufacturer CVC

Stemco LP, a manufacturer of heavy-duty components for commercial vehicles, has purchased Commercial Vehicle Components Co. Ltd. (CVC), a manufacturer of air disc brake and medium-duty hydraulic disc brake pads.

News

Monro CEO Lays Out 5 Ways to Improve Store Traffic

Brett Ponton, the new CEO and president of Monro Inc., acknowledges store traffic “has been a challenge” in recent years, but he believes there is “real potential to strengthen our in-store execution, and by doing so, drive traffic back into our stores.”  

News

Colony Tire Purchases Three Outlets in Virginia

Colony Tire Corp. has purchased three tire outlets in the Lynchburg, Va., market. Glenn A. Trent Inc., dba Glenn A. Trent Tire & Wrecker Co., will now do business as Colony Tire. Lynchburg Tire Corp. and its two locations also will merge with Colony Tire.

News

Michelin Is Selling More TCi Locations

Barely three months after selling 27 Tire Centers LLC (TCi) stores to an independent tire dealer in the southeastern United States, Michelin North America Inc. is planning to sell more TCi locations – this time to an Oklahoma-based dealer.

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