U.S. AutoForce LLC has finalized an agreement to acquire Max Finkelstein Inc. The deal is expected to close on Jan. 31. Max Finkelstein will operate as a division of U.S. AutoForce "under the management of the current leadership team," say U.S. AutoForce officials.

Pricing actions were frequent in 2021, and more have already rolled into the new year,. Analyst John Healy says on average those price hikes resulted in a 20% increase over 2020 prices. Interestingly, he says the cost to build an average tire went up 24% in 2021.

From surprise acquisitions to supply chain, pricing and labor challenges, 2021 delivered plenty of punches. Industry analyst John Healy has tracked them all and has insights for tire dealers of what issues will be the most important to monitor in the months ahead.

The Supreme Court has blocked the Biden Administration's rule requiring larger businesses to ensure that workers receive the COVID-19 vaccine or wear masks and get tested on a weekly basis.

Nokian Tyres plc is adding a pair of all-terrain tires to serve the diverse demands of CUV, SUV and light truck drivers.

While the Supreme Court will hear arguments related to the Biden Administration's COVID-19 vaccine mandate on Jan. 7, the Occupational Safety and Health Administration is preparing to begin enforcing some parts of the rule just three days later. Employers with at least 100 workers need to pay attention to the details, which could change.

Harold Finkelstein, who grew up in the family business and became one of the owners and leaders of Max Finkelstein Inc., one of the nation’s largest independent wholesale tire distributors, has died. He was 86.

Two of the largest names in the tire industry will become one. Discount Tire, the largest independent tire dealer in the U.S. with 1,100 stores, is acquiring Tire Rack, the industry's oldest and largest online tire seller.

Total U.S. tire shipments are expected to hit 336 million units in 2021 and the U.S. Tire Manufacturers Association projects every category of replacement tires will exceed the units shipped in 2019.

American Tire Distributors Inc. has donated $1 million to the Gary Sinise Foundation, which supports service members, veterans, first responders and their families through various programs.

American Tire Distributors Inc. has successfully closed the refinancing of its debt capital structure, including its existing Asset Based Line of Credit facility and replacement and issuance of a new Term Loan B.  

The supply chain issues have escalated all the way to the White House and this week President Joe Biden unveiled efforts and initiatives to relieve bottlenecks, including those affecting the tire industry at the all-important Ports of Los Angeles and Long Beach.

Five years after its creation, Distribution Stox has grown through 10 acquisitions and now extends from Ontario all the way to the Atlantic provinces.

TireHub has opened a new distribution center in Kennesaw, Ga. The company has 71 distribution centers throughout the United States.