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COVID-19

Yokohama's Profits Plunge in First Quarter

Yokohama Rubber Co. Ltd. posted a loss of 258 million yen (approximately $2.4 million) during the first quarter of 2020 – after sales dropped by 13.6% due to COVID-19. Operating profit nearly vanished on a decline of 90.4%.

Snap Microsite Offers COVID-19 Resources

Snap Finance LLC has created a COVID-19 microsite to help businesses achieve success during the pandemic. The portal contains links to information about the CARES ACT, Paycheck Protection Program loans and other resources.

TBC Is Working Toward 'New Normal,' Says CEO Olsen

As president and CEO of TBC Corp., Erik Olsen oversees a vast empire that includes more than 600 retail stores that operate under the Tire Kingdom and NTB Tire & Service Centers banners, the Big O Tires and Midas franchise organizations, an e-commerce operation (www.tireamerica.com) and several other high-profile ventures.

Updated: Capital Resources During COVID-19 Crisis

The current crisis has brought about once-in-a-lifetime funding options for your tire dealership, but there are other more traditional resources that have supported your tire business for generations that shouldn't be overlooked.