South Carolina has 12 tire manufacturing plants, according to MTD’s 2023 Facts Issue – the most of any U.S. state. Those plants have a combined manufacturing capacity of around...
Our recent conversations with tire dealers leave us with the view that retail sellout trends have lost a bit of steam year-over-year. Sellout trends moved lower in December 2022...
Demand for medium truck tires was strong during the first nine months of 2022. And several manufacturers report that this positive momentum carried over into the fourth quarter...
Reflecting the general drop in consumer demand that began around the middle of the year, United States replacement passenger and light truck tire shipments declined during 2022...
Are challenges like the supply chain crisis and price increases finally in the rear-view mirror? Not necessarily, says John Healy, who tracks the domestic tire industry for Northcoast...
Tire dealership mergers and acquisitions continued during 2022. Here’s a look at some other big acquisitions that took place in North America last year.
The founders of GCR Tires & Service believed in two core concepts - one, that the store manager was the most important person in the organization, and two, that the way to attract...
Tire dealership mergers and acquisitions in 2022 were characterized by an increase in activity at the commercial and wholesale levels. Here’s a look at some of the most significant...
Nokian Tyres plc is investing $174 million to expand capacity at its plant in Dayton, Tenn., and build a 60,000-square-foot distribution center there. The investment will allow...
Sun Auto Tire & Service Inc. has acquired Jacksonville, Fla.-based Tire Outlet, an independent tire dealership with 14 outlets throughout northern Florida. The deal gives Sun ...
Rob Williams has been named president of Hankook Tire America Corp. In his new role, Williams will oversee Hankook's United States and Canada business, while leading four departments...
Tire Discounters Inc.’s recent acquisition of Leete Tire and Auto, a four-store, Virginia-based chain, capped a big year of acquisitions for the rapidly expanding, Cincinnati,...
This past August, L. Wayne Vanaman, founder of Van’s Tire & Service in Akron, Ohio, passed away, leaving his business for the next two generations of its ownership - his son and...
To promote its new Vredestein Pinza HT tire, Apollo Tyres Ltd. says it is tapping "into pillars of American culture" by "targeting sports, food and Hollywood movie stardom."
Tire Group International LLC is celebrating its 30th anniversary. And the Miami, Fla.-based company – which ships tires to more than 70 countries – has big plans for its rapidly...
Tyres International, a Mahansaria Tyres Private Ltd. (MTPL) subsidiary, will now operate under the trade name Ascenso Tires North America. Since its acquisition by MTPL in 2021...
When the California Air Resources Board approved the state of California’s Advanced Clean Cars II rule on Aug. 25, 2022, the race to ban internal combustion engine vehicles and...
As the world continues to recover from the pandemic and we continue to watch markets closely, consumers seem to be more and more focused on a return to normal. But what will that...
