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COVID-19

TIA Touts Success of Webinars, Schedules More

The Tire Industry Association calls its six weeks of free Automotive Tire Service video conference webinars that were held in May and June “a huge hit.” More than 800 people from all segments of the tire industry and different parts of the world registered for the 30-minute classes.

Hankook's President Looks Ahead to Rest of 2020

“We are hoping there will be lots of pent-up demand for new tires, so we are building up stocks in regional distribution centers and preparing additional segments and new product launches,” says Sooil Lee, president of Hankook Tire America Corp., as miles driven continue to increase in the U.S.

PPP Loan Deadline Extended

With approximately $129 billion in Paycheck Protection Program (PPP) funding remaining at the end of June, Congress and President Donald Trump have extended the deadline for applications.

Mobile Tire Installers See Increase in Demand

Stay-at-home orders and social distancing rules have led to more utilization of mobile tire installation services in recent months. "I’ve never seen this much excitement” around mobile tire installation, says Joe Flores, co-owner of GoMobile Tires.

Les Schwab Puts Sale Process on Pause

The sale of Les Schwab Tire Centers Inc., one of the country’s largest independent tire dealerships, has been “paused,” Dale Thompson, the company’s chief marketing officer, has told MTD.