Amsoil Has 3 New Aerosol Cleaning Products
Amsoil Inc. has released three aerosol cleaning products designed for engine surfaces, automotive glass and powersports equipment.
Monro Will Accept Wex Fleet Cards
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.
Max Finkelstein Adds Falken and Ohtsu Brands
Max Finkelstein Inc. (MFI) is partnering with Falken Tire Corp. to distribute Falken and Ohtsu brand passenger and light truck tires throughout the Mid-Atlantic and Northeast U.S.
Tenneco Expands Monroe Quick-Strut Coverage
Tenneco Inc. has added 24 part numbers for 13 domestic and 44 import applications to its Monroe Quick-Strut line of premium replacement strut assemblies.
Uniroyal Wants to Save Tigers in the Wild
Three years ago, Uniroyal dealers told Michelin North America Inc. the Uniroyal brand needed to be strengthened and refreshed. Based on the feedback, Michelin started a series of initiatives that have come to fruition this year.
Bridgestone Posts Flat Results in North America in 1H
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 Relies on OE Tires for 2Q Sales Growth
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.
Versatile Credit Adds EasyPay Finance Option
Versatile Credit Inc. has added the EasyPay Finance option to its list of platform offerings. The "second look" option focuses on offering financing solutions to the automotive market.
Pirelli Co-Sponsors an America's Cup Challenger
Pirelli & Cie SpA has found a way to compete in the 36th America's Cup. Pirelli and Prada SpA will co-sponsor the Luna Rossa Challenge team in the sailing competition.
Bridgestone's Saoud Changes His Presidency and Residency
Bridgestone Americas Inc. has named Joseph Saoud president ot Bridgestone Americas Tire Operations Latin America.
Unit Sales Volumes Were Up Nearly 2%
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.
Understanding Private Equity Investments in the Tire and Service Business
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.
Toyo's Tire Segment Results Save the Day in 1H 2018
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.
Building and Buying: Top 100 Dealers Keep Customers Close in a Digital Economy
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.
Yokohama’s First-Half Profitability Improves by 19%
Yokohama Rubber Co. Ltd. reported net income of 17.8 billion yen on net sales of 309.7 billion yen for the half year ended June 30, 2018. That compares to income of 15.0 billion yen on sales of 304.2 billion yen for the first half of 2016.
MTD and the Industry Lost a Friend With the Death of Wayne Williams
Gibbons Tells Dealers What They Can Expect From TireHub
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