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.
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.
Net sales, comparable store sales and net income were all up at Monro Inc. during the company's first quarter of fiscal year 2019.
By November 2018 Michelin Group hopes to complete the acquisition of Camso Inc. and begin its quest to gain market share in the off-the-road tire market.
Michelin Group is acquiring Camso Inc. for $1.45 billion.
Hankook Tire Co. Ltd. has bought Reifen-Mueller KG, an independent German tire wholesaler and retailer.
The landscape for U.S. tire distribution continues to change, as two more companies are combining forces. U.S. AutoForce (USAF) has acquired Tire's Warehouse Inc. (TWI) as of June 1, 2018.
Monro Inc. has acquired 99-year-old Free Service Tire Co., adding an expected $47 million in annual sales to its balance sheet.
Hankook Tire Co. Ltd. says it will acquire a 75% equity stake of high-tech digital prototype company Model Solution Ltd. for 68.6 billion won ($63.4 million).