COVID-19

Latest from COVID-19

Bridgestone-Paolo-Ferrari-for-MTD-QA
Aug. 26, 2020
Paolo Ferrari, president, CEO and COO of Bridgestone Americas Inc., returned to North America at an interesting time. He assumed his current role on Jan. 15, a few months before...
pandemic-paves-the-way-for-secondary-financing
Aug. 14, 2020
Thousands of tire dealers across North America have turned to no-credit finance providers as a way to reach more customers and capture additional sales at the front counter. And...
data-driven-construction-fleets-want-more-info-than-ever-says-sttc
Aug. 14, 2020
Selling tires to construction fleets has always been a tough business. And it has become even more challenging as construction companies apply extra scrutiny to their tire budgets...
bridgestone-tire-production-down-33-in-first-half-of-2020
Aug. 10, 2020
Bridgestone Corp. is accepting unpredictability and bracing for the possibility of a second wave of the coronavirus in Japan and abroad. In establishing its first financial forecast...

2020-sema-show-is-canceled
Aug. 5, 2020
The Specialty Equipment Market Association (SEMA) has canceled the 2020 SEMA Show due to COVID-19.

aapex-2020-goes-virtual
Aug. 5, 2020
The Automotive Aftermarket Parts Expo (AAPEX) has canceled its in-person trade show for 2020 due to COVID-19, and instead will offer a virtual experience for attendees.

cooper-posts-6-million-net-loss-during-second-quarter
Aug. 3, 2020
Cooper Tire & Rubber Co. experienced a net loss of $6 million during the second quarter of 2020 versus net income of $9 million during the same period last year. During 2Q 2020...

ustma-projects-53-3-million-fewer-tires-shipped-in-2020
Aug. 3, 2020
The latest tire shipment forecast from the U.S. Tire Manufacturers Association (USTMA) predicts about 53.3 million fewer tires will be shipped in 2020 than last year due to the...

mtd-exclusive-mccarthy-tire-eyes-growth-during-rest-of-2020
July 29, 2020
John McCarthy Jr., president of Wilkes-Barre, Pa.-based McCarthy Tire Service Co. Inc., which is ranked number 21 on this year's MTD 100, is looking to the rest of 2020 with a...

monro-stores-are-climbing-back-after-41-drop-in-april
July 29, 2020
Sales at Monro Inc. for the first quarter of fiscal year 2021 reflect the effects of COVID-19, with sales in April, May and June dropping 22.1% compared to the previous year. ...

mtd-exclusive-jensen-tire-president-explains-why-cash-is-king
July 27, 2020
After a few tough months, car count has picked up at Omaha, Neb.-based Jensen Tire & Auto. With 21 retail locations, the company is the 54th largest independent tire dealership...

sema-seeks-input-on-status-of-2020-sema-show
July 24, 2020
The Specialty Equipment Market Association continues to plan for an in-person 2020 SEMA Show, but organizers also are watching a spike in coronavirus cases in Las Vegas and working...

u-s-tire-market-is-recovering-and-lt-leads-the-way
July 24, 2020
The latest market analysis from Sumitomo Rubber North America Inc. shows tire volumes recorded their best month of the year in June, and July is showing even stronger signs of...

ntb-tire-kingdom-stores-will-require-masks
July 22, 2020
Customers visiting any of the 610 NTB Tire & Service Centers or Tire Kingdom stores in the U.S. will be required to wear a face covering as of July 23.

tia-supports-additional-state-dot-funding
July 20, 2020
The Tire Industry Association and other trade associations are asking United States Senate leadership to authorize allocation of at least $37 billion to state departments of transportat...

face-coverings-will-be-mandatory-at-sema-show
July 16, 2020
Attendees of this year’s Specialty Equipment Market Association Show will be required to wear face masks or face shields as part of the association's COVID-19-related safety plan...

selling-high-end-products-in-a-down-market-butler-caters-to-big-wants
July 13, 2020
A customer walks into your store, hands you a credit card and says, “This is what I want for my vehicle. Just run the card and we’ll discuss the price later.” Craig Dobrin, vice...

tia-touts-success-of-webinars-schedules-more
July 8, 2020
The Tire Industry Association calls its six weeks of free Automotive Tire Service video conference webinars that were held in May and June “a huge hit.” More than 800 people from...

autopromotec-postpones-2021-event
July 8, 2020
The organizers of Autopromotec have postponed the 2021 event in Bologna, Italy to 2022.