American Tire Distributors Inc. (ATD) is enhancing its TireBuyer online sales platform to make it easier for consumers to buy tires online.
Prices of Kumho brand passenger, light truck and medium truck tires sold in the U.S. will increase by up to 6% on Oct. 1, 2018.
We now know how much Bridgestone Americas Tire Operations LLC will increase the price of passenger and light truck tires on Oct. 1.
American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of more than 70% of its bonds on the terms of a recapitalization transaction that will reduce the company’s debt by up to $1.1 billion. It also will provide financial flexibility as it continues its ongoing transformation.
Cooper Tire & Rubber Co. will increase passenger and light truck tire prices beginning Oct. 1, 2018. The magnitude of the increase is "up to 4%."
Demand for light trucks has exploded, and tire dealer Nick Lenhart sees it at the sales counter of Lenhart’s Service Center Tire Pros. In the first six months of 2018, light truck tires were 25% of unit sales. For comparison, in all of 2017, 18% of sales at the Irwin, Pa., dealership were LT tires.
New consumer warning regulations from California that will go into effect Aug. 30, 2018, will have no effect on tire manufacturers and tire retailers.
The U.S. Tire Manufacturers Association (USTMA) projects 2018 U.S. tire shipments will increase to 319.8 million units compared to 316.7 million units in 2017.
"We have the right strategic plan in place," says Cooper Tire & Rubber Co. CEO and President Brad Hughes following Cooper's second-quarter 2018 results.
When CEO and President Stuart Schuette recently explained to American Tire Distributors Inc. associates why the company was downsizing its Field Support Center, the letter was long on strategic intiatives and short on details.
On July 23, the same day it released its first-half 2018 financial results, Groupe Michelin held an earnings call. One analyst asked about Michelin’s relationship with American Tire Distributors Inc. (ATD).
In 1990, there were close to 1 billion scrap tires stockpiled in the U.S. That total is down 94%, to 60 million, according the 2017 U.S. Scrap Tire Management Summary.
The United States Department of Commerce hosted a government hearing on the Section 232 National Security Investigation of Imports of Automobiles and Automotive Parts on Thursday, July 19, 2018. One tire industry executive made sure his voice was heard.