A group of investors led by BayPine LP - in partnership with TSG Consumer Partners LP and a holding company controlled by David and Stephen Sorbaro - have entered into an agreement to acquire Mavis Tire Express Services Corp. for an undisclosed amount. The deal is expected to close during the second quarter of 2021.
The Pirelli P Zero DHE will be original equipment on the new Ferrari 488 GT Modificata, a limited-edition car exclusively for use during track days and at Ferrari Club Competizioni GT events.
A group of investors led by BayPine LP - in partnership with TSG Consumer Partners LP and a holding company controlled by David and Stephen Sorbaro - have entered into an agreement to acquire Mavis Tire Express Services Corp. for an undisclosed amount. The deal is expected to close during the second quarter of 2021.
Nokian Tyres plc is educating dealers and consumers about the puncture-resistant Aramid technology available in a number of its products, including the recently introduced Nokian One and Nokian One HT, the company's newest all-season tires.
Point S tire dealers in the U.S. had their best year ever in 2020. They sold 19% more tire units than the previous year and increased their overall sales by 20%. The cooperative added a record number of stores, expanded into five new states and bought its second wholesale operation in two years.
Goodyear Tire & Rubber Co. has selected Ryan Patterson to lead the integration of Goodyear and Cooper Tire & Rubber Co. On Feb. 22, it was announced that Goodyear intends to acquire Cooper for $2.5 billion during the second half of 2021.
Michelin North America Inc. has launched the Michelin X One Multi T wide-base truck tire for high-scrub, weight-sensitive, spread and multi-axle trailer applications.
BestDrive LLC has sold six of its company-owned BestDrive retread locations to Conlan Tire LLC — including one retread plant near Dallas and five commercial centers in Texas, Oklahoma and Arkansas.
Michelin North America Inc. is adding two new fuel-efficient truck tires to its lineup: the X Multi Energy Z2 tire for regional and super-regional applications, and the X Line Energy T2 tire for the long-haul and truckload market.