Replacement passenger tire shipments in the U.S. reached a record 216.7 million units in 2018, according to the preliminary edition of the latest U.S. Tire Manufacturers Association (USTMA) Factbook.
DRiV Incorporated is the name of the future publicly traded aftermarket and ride performance company that will launch in the second half of this year, following Tenneco Inc.’s separation into two independent companies, Tenneco has announced.
Nokian Tyres plc has again been selected as one of the most sustainable companies in the world. The company received the Silver Class distinction in the RobecoSAM Sustainability Yearbook 2019.
Giti Tire (USA) Ltd. will supply Comfort A1 all-season tires in two sizes from its Chester County, S.C., plant for the 2019 Volkswagen Passat.
For 52 years Les Schwab Tire Centers Inc. had an exclusive, multi-state territory with Toyo Tire USA Corp. That deal, which effectively locked out other tire dealers, including online retailers, from selling Toyo-branded products in the northwest corner of the U.S. has come to an end.
It didn't take long for the truck tire tariffs to be implemented. On Jan. 30, 2019, the International Trade Commission reversed an earlier decision and ruled the U.S. tire market was being harmed by the importing of truck and bus tires from China.
Another key figure in the days when the American Retreaders Association was full of vibrant, fun and, yes, sometimes crazy people (why does Kevin Rohlwing come to mind when I write that?) is leaving the industry.
TBC Brands LLC has combined its Power King and Harvest King commercial tire brands into a new website.
Michael Gatto, who started Gatto's Tires and Auto Service in Melbourne, Fla., in 1970, died on Feb. 11, 2019. He was 93.
Yokohama Rubber Co. Ltd. posted net income of 35.6 billion yen on net sales of 650.2 billion yen for the fiscal year ended December 31, 2018. That compares to income of 40.0 billion yen on sales of 646.3 billion yen in fiscal 2017.
Due to Monday's Presidents Day holiday, Modern Tire Dealer will not publish Hotwire on Feb. 18. Look for the next edition on Tuesday, Feb. 19.
Hercules Tire and Rubber Co. has finalized another partnership with a prominent racing team owner. Will Rodgers and Rodgers Racing will begin competing on Hercules tires in March.
Norm Affleck, retired CEO and president of Big O Tires Inc., died on Feb. 8, 2019. He was not only a founding dealer member of Big O Tires, but also instrumental in the introduction of the Big O brand 33 years ago.
It seems like every issue of Modern Tire Dealer has an announcement of a new acquisition by Monro Inc., Icahn Automotive Group LLC, Bridgestone Americas Inc. and the like. One would assume by reading these that what I call the company-owned conglomerates are “winning the war” for the hearts and minds of consumers, but I would disagree. I think tire dealers are winning right now.
A gross profit benchmark of 60% for a tire store is not a myth. Dennis McCarron explains how to reach it, from setting your shop’s labor rates to getting 50% margins on your parts sales.
Robert Dalotto Sr., whose career in tire sales spanned more than half a century, died on Feb. 8, 2019. He was 79.
There were several factors at work in 2018 that helped Group Michelin record a slight increase in overall sales — up 0.3% — in the face of a “difficult economic environment.”
More than 50 Young Auto Care Network Group (YANG) members overcame difficult wintry driving conditions to gather for a regional meeting hosted by the Auto-Wares Group of Companies on Feb. 7, 2019, in Grand Rapids, Mich.
Alliance Tire Group Inc. (ATG) has released the Alliance 551 Multiuse Professional, a steel-belted radial designed for modified front-wheel drive assist (MFWA) tractors operating in snow and ice.
Be Prepared: The Threat of Ransomware Will Never Go Away
2018 SEMA Show: First Day Attendance Is Encouraging
