Retail

8ball

‘Signs Point to Yes:' Six Questions Answered as MTD Peers Into the Future

Readers of a certain age will remember the Magic 8-Ball, that strange, plastic toy that provided instant answers to those all-important questions (“Will I ace my math test?” “Will I win the lottery?” “Will the Browns ever make it to the Super Bowl?”) I thought it would be fun to apply Magic 8-Ball-like answers to several tire industry-related questions that have been on my mind and could very well be on your mind, too.


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Apollo

Apollo Will Raise Vredestein Prices in March

Apollo Tyres Ltd. is the latest tire manufacturer to announce a price increase. The company will raise prices on its Vredestein brand consumer tires up to 5%, effective March 1, "including adjustments at the article and pattern level."


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Paycheck Protection Program Will Reopen on Jan. 15

The U.S. Department of Treasury and the Small Business Administration have announced that lenders with less than $1 billion in assets will be eligible to receive first and second draws in Paycheck Protection Program loan applications starting on Friday, Jan. 15.


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Mirko

Ibrahim to Lead Bridgestone's Company-Owned Store Network

Marko Ibrahim has been named president of Bridgestone Americas Inc.'s Bridgestone Retail Operations subsidiary. He will oversee Bridgestone's company-owned store network, which includes more than 2,200 locations and the Firestone Complete Auto Care, Tires Plus, Hibdon Tires Plus and Wheel Works brands.


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