COVID-19

Latest from COVID-19

Bridgestone-Paolo-Ferrari-for-MTD-QA
COVID-19

MTD Exclusive: Bridgestone's Ferrari Talks Tire Demand, Future Mobility and More

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

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
COVID-19

Autopromotec Postpones 2021 Event

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