Is there still a place for the smaller wholesale-distributor? Who will be making the next dealership acquisition? And what about Amazon? MTD columnist John Healy examines challenges tire dealers face in 2020.
Sailun Tire Americas showcased its Inspire all-season touring tire and its Terramax HLT all-season light truck tire to key associates of its exclusive U.S. distributor, National Tire Wholesale, and their customers at Atlanta Motor Speedway in mid-September.
What transpired in the tire industry in 2018 and what will happen in 2019? John Healy, a managing director and research analyst with Northcoast Research Holdings LLC based in Cleveland, Ohio, and author of MTD’s monthly column Your Marketplace, took on our questions and offered his thoughts and predictions.
What spurred Michelin North America Inc. to buy 50% of TBC Corp. from Sumitomo Corporation of Americas (SCOA)? Michelin Chairman and President Scott Clark says the resulting joint venture “is about increasing our service capabilities and increasing our scale so that we can be a better supplier to both independent dealers and to provide secondary supply to our direct customers.”