Monro Inc. has acquired 13 more locations in Florida, giving it more than 80 stores in the Sunshine State.
New store sales accounted for 6.4% of Monro Inc.'s net sales in its third quarter ended Dec. 29, 2018. That boost helped the company register an 8.5% increase in total sales versus the same period last year.
Groupe Michelin's planned acquisition of Indonesian tire manufacturer PT Multistrada ArahSarana Tbk sets up a domino effect the company says is in line with its strategy.
Trelleborg Wheel Systems has acquired Pneus ICM Inc., an industrial tire distributor and service provider in Montreal.
The Coker Group is acquiring PS Engineering and Vintage Wheel Works. Coker Tire will become a distributor of both brands, giving customers the company's first aluminum wheel offerings in its catalog and online.
Icahn Automotive Group LLC has entered into a definitive agreement to acquire the 10-location business of RPM Automotive.
James McCann, a former top executive at Bridgestone/Firestone Inc., died Nov. 22, 2018, in Franklin, Tenn., after a short illness. He was 88.
The Tire Source has expanded its five-store dealership in northeast Ohio with the purchase of Defer Tire in Streetsboro. The addition gives the company six stores in Medina, Montrose, North Canton, South Canton, Belden Village and Streetsboro, respectively.
Leeds West Groups (LWG) has acquired and taken over operations of its 100th store.
The owners of Precision Motors, an independent auto repair and tire store in Mystic, Conn., have retired and sold their business to Icahn Automotive Group.
Border Tire LLC will double its number of commercial tire locations when it acquires five Tire Centers LLC (TCi) stores from Michelin North America Inc. in California. The Texas-based dealer also is buying its second retread plant.
Telle Tire & Auto Service Inc. has acquired two more stores and crossed a major goal off its list — expand beyond the St. Louis metro market.
Net sales, comparable store sales and net income were all up at Monro Inc. during the company's first quarter of fiscal year 2019.