Nearly one year after its creation, TireHub LLC is expanding into a new market: Ft. Myers, Fla.
Think major changes in the wholesale tire distribution channel were over for this year? Think again.
You might think juggling two companies would be hard for any CEO of a joint venture. Peter Gibbons, CEO of TireHub LLC, considers it “an exciting challenge.”
TireHub LLC has revealed the names of six leaders from Bridgestone Americas Inc. and Goodyear Tire & Rubber Co. who are working with industry newcomer Peter Gibbons at the newest U.S. tire distribution company. There’s also another former Starbucks leader on board.
Three months after Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. announced it was forming a joint venture wholesaling operation, TireHub LLC is distributing consumer tires to dealers and retailers across the country.
TireHub LLC is an authorized distributor for Toyo Tire U.S.A. Corp. In that capacity, it will sell all Toyo products, including truck tires.
The formal transition of Goodyear Tire & Rubber Co.'s G3X program away from American Tire Distributors Inc. (ATD) will be on June 30, 2018. After that, ATD says it "will continue to provide Goodyear product for all other customers until a determined transition time."
When Stuart Schuette took over as CEO of American Tire Distributors Inc. in January 2016, he had one goal: “to drive the innovation necessary to continue to grow the business and exceed our customers’ expectations."
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 joining of Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. in the form of TireHub LLC is a potentially momentous move with far-reaching consequences. It also might be much ado about nothing.
Dealer Tire LLC continues to evolve as one of the largest tire wholesalers in the U.S. Its recent investment in Simple Tire LLC, dba SimpleTire.com, is one sign of that.
There are lots of lingering questions of what happens next after the creation of TireHub LLC by Bridgestone Americas Inc. and Goodyear Tire & Rubber Co. A conversation with Bridgestone’s TJ Higgins provided a few more answers.
Goodyear Tire & Rubber Co. released its first-quarter 2018 financial results on April 25. Sales were up compared to the same period in 2016. Net income was down, as was unit volume. Operating income was down as well.