Retail

ARTICLES

J.D. Power Ranks Top Tire Retailers

J.D. Power's second customer satisfaction study of tire replacement providers shows consistency with the initial rankings in 2019. The top four tire dealers maintained their spots and their overall scores barely budged.


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Healy Q&A lead photo

'Return to Normal?' Analyst John Healy Discusses Why The Tire Industry Will Move Forward - Not Backward - in 2021

As an analyst at Northcoast Research Holdings LLC, John Healy has a bird’s-eye view of the domestic tire industry. Healy, who also writes MTD’s monthly Your Marketplace column, calls 2020 “the most unpredictable and at the same time, the most surprising” year in recent memory. In this MTD exclusive, Healy explains why - and looks ahead to what 2021 will bring.

 


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8ball

‘Signs Point to Yes:' Six Questions Answered as MTD Peers Into the Future

Readers of a certain age will remember the Magic 8-Ball, that strange, plastic toy that provided instant answers to those all-important questions (“Will I ace my math test?” “Will I win the lottery?” “Will the Browns ever make it to the Super Bowl?”) I thought it would be fun to apply Magic 8-Ball-like answers to several tire industry-related questions that have been on my mind and could very well be on your mind, too.


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Apollo

Apollo Will Raise Vredestein Prices in March

Apollo Tyres Ltd. is the latest tire manufacturer to announce a price increase. The company will raise prices on its Vredestein brand consumer tires up to 5%, effective March 1, "including adjustments at the article and pattern level."


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Paycheck Protection Program Will Reopen on Jan. 15

The U.S. Department of Treasury and the Small Business Administration have announced that lenders with less than $1 billion in assets will be eligible to receive first and second draws in Paycheck Protection Program loan applications starting on Friday, Jan. 15.


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Mirko

Ibrahim to Lead Bridgestone's Company-Owned Store Network

Marko Ibrahim has been named president of Bridgestone Americas Inc.'s Bridgestone Retail Operations subsidiary. He will oversee Bridgestone's company-owned store network, which includes more than 2,200 locations and the Firestone Complete Auto Care, Tires Plus, Hibdon Tires Plus and Wheel Works brands.


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VIP Sets a Record With Donation

VIP Inc. dba VIP Tires & Service continued its giving tradition in 2020 and made its largest donations yet to Make-A-Wish chapters in New England. Since 2007 VIP has raised more than $700,000 for the charity.


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Tariffs Won't Include ATV, UTV Tires

The U.S. Department of Commerce has agreed to narrow the scope of its tariff investigation into passenger and light truck tires, removing a few categories of tires from the weight of any tariffs for imports from South Korea, Taiwan, Thailand and Vietnam.


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