Article

Independents vs. Conglomerates: Who’s Winning the Battle for Tire-Buying Consumers?

It seems like every issue of Modern Tire Dealer has an announcement of a new acquisition by Monro Inc., Icahn Automotive Group LLC, Bridgestone Americas Inc. and the like. One would assume by reading these that what I call the company-owned conglomerates are “winning the war” for the hearts and minds of consumers, but I would disagree. I think tire dealers are winning right now.

Article

Benchmarks Are Not a Myth

A gross profit benchmark of 60% for a tire store is not a myth. Dennis McCarron explains how to reach it, from setting your shop’s labor rates to getting 50% margins on your parts sales.  

IndyCar and Bridgestone Americas, have announced a five-year partnership extension for the Firestone brand to continue serving as the sole tire supplier and Official Tire of the NTT IndyCar Series through 2025.
News

Bridgestone Americas to Build New Race Tire Plant in Akron

IndyCar and Bridgestone Americas Inc. have announced a five-year partnership extension for the Firestone brand to continue serving as the sole tire supplier and official tire of the NTT IndyCar Series through 2025. The agreement includes continued rights for Firestone as the official tire of the Indianapolis 500.

John Healy (on right) met with Saul Ludwig at the Specialty Equipment Market Association (SEMA) Show in Las Vegas last November. Ludwig wrote MTD’s Your Marketplace column for almost 40 years before retiring in 2012.
Article

2018 Was a Year of Change, 2019 Will Be a Year of the Impact

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.

Chris Monteverde is adding eight Big O Tires stores in Texas to his business, which already includes 19 Big O Tires locations in California.
News

Big O Tires Moves Into Texas

TBC Corp. has sold eight of its NTB Tire & Service Center stores in Texas to a Big O Tires franchisee, allowing the Big O Tires brand to enter the Lone Star State.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!