Icahn Automotive Group LLC has revealed eight priorities for a multi-year transformation plan, and managing the company’s tire inventory is near the top of the list.
There's another big change afoot in the North American tire distribution landscape. This time, it's in Canada. Groupe Touchette Inc. is acquiring Atlas Tire Wholesale Inc. The combined companies expect sales to reach between $550 million and $650 million.
Hankook Tire Co. Ltd. has bought Reifen-Mueller KG, an independent German tire wholesaler and retailer.
TireHub LLC is a go. The joint venture for passenger and light truck tire distribution between Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. will begin serving customers the first week of July.
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.
What spurred Michelin North America Inc. to buy 50% of TBC Corp. from Sumitomo Corporation of Americas (SCOA)? Michelin Chairman and President Scott Clark says the resulting joint venture “is about increasing our service capabilities and increasing our scale so that we can be a better supplier to both independent dealers and to provide secondary supply to our direct customers.”
Tire’s Warehouse Inc. is opening a new distribution center June 15, 2015, in Union City, Calif. This is the sixth warehouse in California for Tire’s Warehouse, which also conducts business in Fountain Valley, Redlands, Santa Fe Springs, Sylmar, and the headquarters in Corona.
Singapore-based Stamford Tyres Corp. intends to reintroduce its Sumo Akina line in North America in a big way. The company is already promoting the new Akina ST-07 passenger car tire.
Chad Isaacs has purchased Countrywide Tire and Rubber Inc., an international wholesale distributor of tires, inner tubes and wheels.
A few months ago, Yokohama Tire Corp. relocated its corporate headquarters (HQ) from Fullerton to Santa Ana, Calif., after 28 years. It also moved its Fullerton distribution center (DC) to a new 658,000-square-foot facility in Chino, Calif.
Countrywide Tire & Rubber Inc. is offering a new "umbrella" program that will allow dealers to customize shipments by item and location using any combination of its LINK or Select programs.
Colony Tire Corp., one of the country's largest tire dealers, has selected Royal 4 Systems as its technology partner.
Continental Tire the Americas LLC's new distribution center in Redlands, Calif., already is at full operating capacity, the company reports. The warehouse's grand opening was held on April 15.