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How to Protect Your Business

April 15, 2024
Kevin Rohlwing outlines the legal possibilities for two tire dealers who provide the same service, but have entirely different cases to make in the court of law.

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Sumitomo Rubber North America Inc.
Nexen Tire Americas Inc.
Sumitomo Rubber North America Inc.
Photo Credit: Bridgestone Americas
Six tire manufacturing plants - including Bridgestone Americas Inc.'s Warren County medium truck tire plant - are located in Tennessee. South Carolina has 12 tire manufacturing plants.
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MTD Facts Issue: South Carolina Has the Most Tire Plants

Feb. 6, 2023
South Carolina has 12 tire manufacturing plants, according to MTD’s 2023 Facts Issue – the most of any U.S. state. Those plants have a combined manufacturing capacity of around...
Photo Credit: MTD
Retail consumer tire sellout trends are moderating, says Healy.
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Are Sellout Trends Starting to Moderate?

Feb. 3, 2023
Our recent conversations with tire dealers leave us with the view that retail sellout trends have lost a bit of steam year-over-year. Sellout trends moved lower in December 2022...
Photo Credit: Scott Galvin
Demand for medium truck tires remained robust during most of 2022.
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MTD Facts Issue: Truck Tire Demand Accelerated in 2022

Feb. 1, 2023
Demand for medium truck tires was strong during the first nine months of 2022. And several manufacturers report that this positive momentum carried over into the fourth quarter...
Photo Credit: Pexels
Thailand remains the biggest exporter of tires to the United States market in three categories - passenger, light truck and medium truck tires.
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MTD Facts Issue: Imports Increased During 2022

Jan. 30, 2023
Thailand remains the biggest exporter of tires to the United States market in three key categories - passenger, light truck and medium truck tires.

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Photo Credit: Lexi Majoros
Will consumer tire demand rebound in 2023? That depends on several factors.
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MTD Facts Issue: U.S. Replacement PLT Shipments Fell in 2022

Jan. 25, 2023
Reflecting the general drop in consumer demand that began around the middle of the year, United States replacement passenger and light truck tire shipments declined during 2022...

'To say that supply and demand dynamics over the last 24 to 36 months have been unpredictable would be an understatement,' says Healy.
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Pricing, Supply Chain Challenges Carry Over Into 2023

Jan. 23, 2023
Are challenges like the supply chain crisis and price increases finally in the rear-view mirror? Not necessarily, says John Healy, who tracks the domestic tire industry for Northcoast...

Photo Credit: Flynn's Tire & Auto
'The shipping container crisis has subsided – for now – and I just think from supply alone being better, it will help with pricing,' says Joe Flynn, president of Flynn's Tire & Auto.
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Will There Be More Price Increases in 2023?

Jan. 20, 2023
Price hikes were a hot topic in 2022. MTD wanted to find out if tire dealers are expecting another year of price increases.

Photo Credit: Mavis
Mavis Tire Express Services Corp. strengthened its presence in Florida when it acquired Orlando-based Action Gator Tire Stores’ retail outlets.
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More Big Deals: Tire Dealership M&A Continued in 2022

Jan. 18, 2023
Tire dealership mergers and acquisitions continued during 2022. Here’s a look at some other big acquisitions that took place in North America last year.

Photo Credit: Bridgestone Americas
'The core principles that built the original GCR organization still resonate today,' says McGregor.
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How the Founders of GCR Hit on a Winning Formula

Jan. 17, 2023
The founders of GCR Tires & Service believed in two core concepts - one, that the store manager was the most important person in the organization, and two, that the way to attract...

Photo Credit: Max Finkelstein Inc.
One of the longest-running independent tire wholesalers on the East Coast, Max Finkelstein Inc. was acquired by U.S. AutoForce LLC.
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Tire Dealership M&A: Breaking Down the Big Deals of 2022

Jan. 13, 2023
Tire dealership mergers and acquisitions in 2022 were characterized by an increase in activity at the commercial and wholesale levels. Here’s a look at some of the most significant...

Photo Credit: Nokian
Nokian plans to manufacture light truck tires at its Dayton, Tenn., plant this year.
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Nokian to Invest $174 Million in Plant, New Distribution Center

Jan. 11, 2023
Nokian Tyres plc is investing $174 million to expand capacity at its plant in Dayton, Tenn., and build a 60,000-square-foot distribution center there. The investment will allow...

Photo Credit: Sun Tire & Auto
Tire Outlet has locations throughout northern Florida.
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Sun Auto Tire Acquires Tire Outlet in Florida

Jan. 10, 2023
Sun Auto Tire & Service Inc. has acquired Jacksonville, Fla.-based Tire Outlet, an independent tire dealership with 14 outlets throughout northern Florida. The deal gives Sun ...

Photo Credit: MTD
A bonus 'is not a ''set it and forget it' type of concept,' says McCarron.
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Is Your Bonus Program Ineffective?

Jan. 9, 2023
As you begin a fresh new year, considerable thought should be given to revising your company’s bonus program. Here are some options.

Photo Credit: Hankook
Rob Williams has been named president of Hankook Tire America Corp. In his new role, Williams will oversee Hankook's United States and Canada business, while leading four departments and directing teams at the company's plant in Clarksville, Tenn.
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Hankook Names Rob Williams President

Jan. 9, 2023
Rob Williams has been named president of Hankook Tire America Corp. In his new role, Williams will oversee Hankook's United States and Canada business, while leading four departments...

Photo Credit: Tire Discounters Inc.
Tire Discounters Inc. is closing in on 200 retail locations. The dealership has outlets throughout its native Ohio, plus Kentucky, Indiana, Tennessee, Georgia, Alabama, North Carolina and Virginia.
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Acquisitions Push Tire Discounters to Nearly 200 Stores

Jan. 5, 2023
Tire Discounters Inc.’s recent acquisition of Leete Tire and Auto, a four-store, Virginia-based chain, capped a big year of acquisitions for the rapidly expanding, Cincinnati,...

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Van's Tire & Service Owner Follows in Founder's Footsteps

Dec. 29, 2022
This past August, L. Wayne Vanaman, founder of Van’s Tire & Service in Akron, Ohio, passed away, leaving his business for the next two generations of its ownership - his son and...

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Apollo Promotes Vredestein Pinza HT at Iconic Locations

Dec. 27, 2022
To promote its new Vredestein Pinza HT tire, Apollo Tyres Ltd. says it is tapping "into pillars of American culture" by "targeting sports, food and Hollywood movie stardom."

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TGI Celebrates 30 Years, Has Big Plans for Cosmo Brand

Dec. 21, 2022
Tire Group International LLC is celebrating its 30th anniversary. And the Miami, Fla.-based company – which ships tires to more than 70 countries – has big plans for its rapidly...

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Tyres International Becomes Ascenso Tires North America

Dec. 19, 2022
Tyres International, a Mahansaria Tyres Private Ltd. (MTPL) subsidiary, will now operate under the trade name Ascenso Tires North America. Since its acquisition by MTPL in 2021...

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Trends That Will Impact Your Business in 2023

Dec. 14, 2022
As 2022 quickly winds down, I’ve decided to fire up MTD's crystal ball. In no particular order, here are several trends that you will see in 2023.

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The Great EV Shift Has Begun: Make Sure You're Ready

Dec. 14, 2022
When the California Air Resources Board approved the state of California’s Advanced Clean Cars II rule on Aug. 25, 2022, the race to ban internal combustion engine vehicles and...

Trends-Oconnor
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What Will Your 'New Normal' Look Like?

Nov. 30, 2022
As the world continues to recover from the pandemic and we continue to watch markets closely, consumers seem to be more and more focused on a return to normal. But what will that...