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    MTD
    “We’re very, very excited to bring this to the market,” said Steve Bourassa, director of product and pricing for Nokian Tyres Inc., when discussing the new Nokian Surpass AS01 ultra-high performance all-season tire. “It’s something we felt we needed to round out our product offering.”
    Retail

    Nokian Targets UHP All-Season Segment

    Mike Manges
    Feb. 13, 2025
    Nokian Tyres Inc. is taking renewed aim at the ultra-high performance all-season segment with a new product, the Surpass AS01, that has been years in the making.
    MTD
    Among other initiatives, Tire Toyo Corp. will continue to pursue what it calls “flexible and speedy business operations in North America and other markets that have potential for further growth,” according to Toyo officials.
    Suppliers

    Toyo Hit Record Sales in 2024 

    Feb. 14, 2025
    Toyo Tire Corp. achieved $3.71 billion in sales during 2024, up 2.3% from 2023 levels and a record high for the company.
    MTD
    Goodyear CEO and President Mark Stewart said the tiremaker will add SKUs, update five power lines and invest in the modernization of its Lawton, Okla. tire plant.
    Suppliers

    Goodyear to Invest in New Products and U.S. Plant in 2025

    Joy Kopcha
    Feb. 14, 2025
    Goodyear Tire & Rubber Co. CEO and President Mark Stewart said Goodyear will introduce five power lines to markets around the world, add nearly 200 SKUs “in the high end, highly...
    Goodyear Tire & Rubber Co.
    Goodyear made gains in profits in 2024, but both tire sales and tire unit volumes were down for the year.
    Suppliers

    Goodyear Made Profit Gains, But Tire Units Lagged in 2024

    Joy Kopcha
    Feb. 14, 2025
    Goodyear Tire & Rubber Co. recorded net sales of $18.8 billion in 2024, a 5.9% drop from the previous year. The tiremaker sold 3.9% fewer tires than it did in 2023.

    ASTA
    “All we’re trying to do is help you run a successful business and help you grow that business,” says Ryan Ragan, executive director of the Automotive Tire & Service Alliance (ASTA). “That’s what ASTA is. And when I say ‘we,’ I mean every member of the association.”
    Retail

    Big Benefits On Way From ASTA, Says Ragan

    Mike Manges
    The Automotive Service & Tire Alliance is ramping up what it offers to its tire dealer members, says Ryan Ragan, the association’s executive director.

    MTD
    The sale of Goodyear Tire & Rubber Co.’s OTR tire business unit to Yokohama Rubber Co. Ltd. has been finalized.
    Commercial Business

    Goodyear, Yokohama Finalize OTR Tire Deal 

    Mike Manges
    Goodyear Tire & Rubber Co. says the sale of its OTR tire business to Yokohama Rubber Co. Ltd. has been finalized.

    MTD
    Michelin Group’s sales and income during 2024 “were supported by a powerful improvement in mix, despite soft tire volumes,” according to Michelin officials.
    Suppliers

    Michelin Posts 2024 Results 

    Michelin Group achieved $28.4 billion in sales and slightly more than $3.5 billion in segment operating income during 2024.

    ATD
    ATD expects to complete its sale to a new owner as part of bankruptcy proceedings by the end of February 2025 — four-plus months after the case was filed.
    Wholesale/Distribution

    ATD Expects to Have a New Owner This Month

    Joy Kopcha
    The ongoing bankruptcy case of American Tire Distributors Inc. (ATD) has taken another step forward, with a judge agreeing that the proposed sale is satisfactory and can proceed...

    Goodyear Tire & Rubber Co.
    David Anckaert, a 25-year Goodyear veteran, has been named the chief of product strategy and planning.

    Unicorn Tire Corp.
    The company’s headquarters are located at the Memphis location and the company has had this distribution center since 2007. The Houston location opened in 2022 improving access to the markets in the south. The most recent location, Las Vegas, (pictured) opened in 2023 to bolster services in the Western United States.
    ATD
    ATD's Interim CEO Michael Feder says its buyer 'is poised to move forward as a stronger partner to manufactuers and customers.'

    MTD
    The new Nokian Surpass AS01 ultra-high performance all-season tire was put through the paces at the Las Vegas Motor Speedway. UHP all-season 'is a key segment for the North American consumer,' said Steve Bourassa, Nokian's director of products and pricing.
    Photo Galleries

    Photos: Nokian Launches Surpass AS01

    Mike Manges
    Nokian Tyres Inc. recently showed off its new ultra-high performance all-season tire in Las Vegas, Nev. - and MTD was there!