News

U.S. AutoForce Has Bought Tire's Warehouse

The landscape for U.S. tire distribution continues to change, as two more companies are combining forces. U.S. AutoForce (USAF) has acquired Tire's Warehouse Inc. (TWI) as of June 1, 2018.  

Goodyear will combine its 45 company-owned wholesale distribtion centers with Bridgestone's 38 to form TireHub.
News

Goodyear Says It Will Be Better Off Following Its Divorce From ATD

The divorce between American Tire Distributors Inc. (ATD) and Goodyear Tire & Rubber Co. is now out in the open. First, ATD sent out emails to its customers informing them of the split, which occurred after Goodyear and Bridgestone Americas Inc. announced it was forming an independent wholesale distribution network, TireHub.

"We have been notified that we will no longer be a Goodyear distributor going forward," wrote ATD CEO and President Stuart Schuette.
News

Schuette Says Goodyear Is Dropping ATD as a Distributor

The Goodyear, Dunlop and Kelly brands will no longer be distributed by American Tire Distributors Inc. (ATD). Stuart Schuette, CEO and president of ATD, has informed the company's retail customers that Goodyear Tire & Rubber Co. has dropped the largest tire wholesaler in the U.S. as a distributor.

Michelin has bought a 50% stake in Sumitomo's TBC. As one part of the deal the two parties are combining their tire distribution systems in North America.
News

A Jumbo Joint Venture: Michelin and Sumitomo's TBC

Michelin North America Inc. and Sumitomo Corporation of Americas (SCOA) have agreed to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.

News

Michelin Ends Warrior Tire Joint Venture in China

Michelin Group is has ended its joint venture agreement in China with Double Coin Holdings Ltd. and Shanghai Huayi Group to produce and market Warrior brand passenger car and light truck tires.

News

Cooper Is Looking Outside of China for TBR Supply

As the federal government considers additional duties on truck, bus, and radial (TBR) tires from China, Cooper Tire & Rubber Co. does not believe the domestic supply of tires will be enough to meet the demand for TBR tires in the U.S. in the near term.

News

Cooper Tire Increases Its Profitability in 2Q

Cooper Tire & Rubber Co. posted net income of $71.3 million on net sales of $740.3 million for the second quarter of 2016. That compares to income of $60.4 million on sales of $751.8 million for the same period the previous year.

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