The 1,100-plus Monro Inc. locations in the U.S. will accept Wex Inc. fleet cards for payment. Those cards are used by 11.5 million vehicles.
Bridgestone Corp. posted net sales of 1.77 trillion yen for the first six months of 2018. That compares to sales of 1.74 trillion yen for the same period in fiscal 2017.
Hankook Tire Corp. Ltd. posted net sales of 1.7 trillion won for the second quarter ended June 30, 2018. That compares to sales of 1.66 trillion won for the same period in fiscal 2017.
Bridgestone Americas Inc. has named Joseph Saoud president ot Bridgestone Americas Tire Operations Latin America.
Our recent discussions with dealers leave us with a view that sell-out trends improved in May versus the prior year’s period, re-accelerating from year-over-year contractions early in the year. While always somewhat subjective, we note commentary from installers was at the highest level since October 2017. From a volume standpoint, surveyed dealers reported they saw unit sales volumes up nearly 2% relative to the previous year’s period.
With the recent combination of private equity-owned Mavis Tire Supply Corp. and Express Oil Change & Tire Engineers (Express Oil Change LLC), it’s a good time for tire dealers to understand how private equity plays the acquisition game differently than strategic acquirers like Monro Inc.
Success in its Tire Business unit partially offset overall decreases in Toyo Tire & Rubber Co. Ltd.'s sales and operating income in the first half of fiscal 2018.
Tire dealerships on the 2018 Modern Tire Dealer 100 have found a way to battle online tire sales, shrinking tire margins and a tight labor market: by investing in brick-and-mortar locations.
Bridgestone Americas Inc. reports Taylor Vernier has joined the company as director of marketing and merchandising for the GCR Tires & Service (GCR) business.
The new Nanoenergy M675 long haul drive tire from Toyo Tire U.S.A. Corp. is a SmartWay-verified fuel-efficient super single featuring new low-resistance tread compounds.
Bridgestone Americas Inc. has expanded its Firestone commercial truck tire portfolio with the launch of the Firestone FD711 drive tire.
New HexChex Multi-Size loose wheel nut indicators from Ken-Tool Corp. are designed to offer very wide application coverage in four SKUs, dramatically cutting inventory costs.
Auto Profit Masters LLC (APM) has introduced a cloud-based shop management system called Shop 4D that uses artificial intelligence (AI) to run repair shops.
Thanks to the tires produced at its Des Moines, Iowa, agricultural tire manufacturing plant, Bridgestone Americas Inc. has reached the "Platinum Level" at Caterpillar for the second consecutive year.
The Tire Retread & Repair Information Bureau (TRIB) will once again be exhibiting at The Great American Trucking Show in Dallas. The event will run Aug. 23-25, 2018.