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ARTICLES

Automotive Service Leads the Way for Monro's Rebound

Tire Dealer Searches for Tire Distribution 'Partners'

July 28, 2021

Monro Inc.’s latest financial report shows the nation’s third-largest independent tire dealer is emphasizing automotive service in its rebound from the COVID-19 pandemic. Alignments and brake sales were both up more than 50% in the most recent quarter.

Snap Finance Adds to Senior Leadership Team

July 28, 2021

Snap Finance "is building an outstanding team of financial services leaders with the expertise to steer the company into the future with digital payments," says Matt Hawkins, the company's CEO.

New TBC CEO Discusses NTB, Tire Kingdom Strategy

'We Will Always Be Keen on the Idea of Growth,' Says Bourrut

July 27, 2021

TBC Corp.'s Tire Kingdom and NTB Tire & Service Centers chains have grown to encompass nearly 630 total outlets. And TBC continues to expand its Big O Tire LLC and Midas International LLC franchise networks. In this exclusive interview, new TBC President and CEO Laurent Bourrut discusses TBC's strategy of focusing on its "core" businesses, what's next for Tire Kingdom and NTB and more.

Milestar Brand Partners With Tread Lightly Non-Profit

July 27, 2021

Tireco Inc.'s Milestar brand is now an official partner of Tread Lightly, a U.S.-based non-profit dedicated to promoting responsible outdoor recreation through stewardship and educational programs.

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Ohio Tire Dealers Announce New Officers, Donations

July 27, 2021

The Ohio Tire & Automotive Association named new officers and made two important donations during its annual golf outing, which took place this week near Columbus, Ohio.

Michelin: North American Replacement Market Exceeds 2019 Levels

July 27, 2021

Michelin Group global sales increased 19.6% in the first half of 2021, and the tiremaker sold 22.8% more tires in the period. Michelin says it gained market share in every segment.

Maxam Gears Up for Farm Progress Show

July 27, 2021

Maxam Tire North America will display its new AGRIXTRA line at the 2021 Farm Progress Show, which kicks off on Aug. 31.

Summer Cool-Down: What's Stalling Retail Sell-Out?

July 27, 2021

Is retail tire sell-out starting to cool down? Our recent conversations with dealers leave us with the view that retail sell-out trends have stalled on a year-over-year basis.

SRI Will Add Capacity for 6,200 Tires a Day in Brazil

July 27, 2021

Sumitomo Rubber Industries Ltd. (SRI) plans to increase passenger, light truck and truck and bus tire production at its factory in Brazil.

Mercedes-Benz to Go All-Electric

July 26, 2021

Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025.

Discount Tire CEO: 'Nothing Is Off the Table'

Muglia Talks New Markets, Electric Vehicles, the Addition of New Services and What the Rest of 2021 Holds

July 26, 2021

As CEO of Discount Tire, Dean Muglia oversees the largest independent tire dealership in the U.S. With 1,100 total stores, Discount Tire is known for its traditional, “tires-only” model, but “I think you will see us experiment with other services more,” Muglia recently told MTD. In this exclusive interview - Muglia's first with a tire industry publication - he discusses why "nothing is off the table" when it comes to adding more services, plus new and future markets for Discount Tire and more.

20th Edition of Ultimate Wheel & Tire Plus Sizing Guide Available

July 26, 2021

The Ultimate Wheel & Tire Plus Sizing Guide, known to the industry as “The Red Book," is celebrating its 20th year of publication.

Hankook is Recalling Small Number of Kinergy Tires

July 23, 2021

Hankook Tire America Corp. is voluntarily recalling a small batch of Kinergy GT H436 tires that were original equipment on the 2021-2022 Chevy Equinox and GMC Terrain.

Goodyear to Reveal 2Q Results on Aug. 6

July 23, 2021

Goodyear Tire & Rubber Co. will release its second quarter results on Aug. 6, followed that morning by an investor conference call.

TIA Board Names AME International's Jarman to Secretary Role

July 22, 2021

The Tire Industry Association's (TIA) board has elected Keith Jarman, president of AME International, as its secretary. A TIA board member for the past 12 years, Jarman is in line to become the association's next president in 2023.

New England Tire & Service Association Gears Up for Show

July 22, 2021

The New England Tire & Service Association is gearing up for its 2021 annual convention and trade show, which will take place Aug. 27-28 at the Mohegan Sun Resort in Uncasville, Conn.

Podcast: MTD Editors Provide Preview of the 2021 MTD 100

July 22, 2021

Joy Kopcha, Mike Manges, and Ron Ledgard

In this episode of The Modern Tire Dealer Show, MTD's editors provide a preview of this year's MTD 100, featured in the July 2021 edition of MTD.

Nokian's Tennessee Plant Moves to 24/7 Production

July 21, 2021

Nokian Tyres plc is now manufacturing tires around the clock at its plant in Dayton, Tenn.

Don't Miss the 2021 MTD 100!

July 21, 2021

Each July, MTD presents the most anticipated tire industry ranking of the year - the MTD 100, which is the most comprehensive look at the 100 largest independent tire dealerships in the U.S. that you will find anywhere.

Nine Candidates Vie for 2021-2022 TIA Board Positions

July 20, 2021

Nine candidates, including two incumbents and seven newcomers, are vying for four open spots on the Tire Industry Association’s 2021-2022 board of directors. Those elected will serve three-year terms.

Dealers to Benefit from Hercules Digital Marketing Push

July 20, 2021

American Tire Distributors Inc. is making significant digital marketing investments on several fronts to help drive consumers to dealers who sell its Hercules brand products.

Bridgestone Develops Custom Potenza for Lamborghini Huracan

July 20, 2021

Bridgestone Corp. is providing a custom-engineered Bridgestone Potenza Race tire for the Lamborghini Huracan STO and will be the car's sole tire supplier.

Maxam Adds Scraper Tire to OTR Line

July 20, 2021

Maxam Tire North America Inc. has added the MS303 scraper tire to its line of OTR products. The MS303 is available in two sizes: 33.25R29 and 37.25R35.

Patterson Will Oversee Sales for Apollo in North America

July 20, 2021

Apollo Tyres has named Scott Patterson its new national sales head, consumer tires. Patterson will oversee Apollo's growth initiatives in the United States and Canada.

Cicero Reflects on 43 Years in the Tire Industry

July 20, 2021

There are many great things about our business. Manny Cicero, who retired on June 30 after a 43-year-long career, discusses them with MTD Editor Mike Manges in this editorial.

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