Tire News

Tire News

ASE Hosts Tech Webinar on Readiness Monitors

Thu, 13 Aug 2020 11:13:56 PST

The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians, “Handling Incomplete Readiness Monitors,” at 4 p.m. ET on Friday, Aug. 14 at 4:00 p.m. ET.

Bridgestone Corp. is launching a new brand of off-the-road tires. The first MasterCore OTR tires are at work in select mines, and will roll out to customers worldwide in 2021 with additional patterns and sizes.

CarAdvise Signs Les Schwab

Thu, 13 Aug 2020 09:14:01 PST

CarAdvise LLC has added the fifth-largest independent tire dealership in the nation to its platform — Les Schwab Tire Centers Inc.

Keith Kammerman has been a U.S. Marine, bookkeeper, cattle rancher and volunteer fireman. And, he spent 20 years working for Goodyear Tire & Rubber Co. He retired, but quickly grew bored and decided to go back to work — at Burt Brothers Tire and Service Inc.

Sailun Says Thanks With a Drive-In Movie

Wed, 12 Aug 2020 14:57:46 PST

Sailun Tire Americas organized a free drive-in movie night for first responders who have been serving their communities during the COVID-19 pandemic.

Keter Tire Expands NeoTerra Truck Tire Lineup

Wed, 12 Aug 2020 14:29:13 PST

Keter Tire USA is adding two tires to the NeoTerra commercial lineup: the MS231, a mixed service all-position tire, and the MS321, a mixed service drive tire. 

The latest category of tires that offers year-round consumer convenience also promises to extend and add to one of the most common struggles independent tire dealers face: stocking an even wider assortment of products.

Tariffs are in the news again. This time around, consumer tires made in South Korea, Taiwan, Thailand and Vietnam are now under the microscope

Hunter Expands AutoComp Elite Brake Lathe Lineup

Wed, 12 Aug 2020 13:06:56 PST

Hunter Engineering Co. is expanding its AutoComp Elite brake lathe into a line of brake lathes with three models, feature sets and price points.

Michelin North America Inc. has created a digital, cloud-based platform ─ Maestro ─ to connect its service providers, fleets and the tiremaker. Michelin says the goal is to strengthen and make the working relationship between the three entities more effective.

How to Define the Domestic Tire Industry

Wed, 12 Aug 2020 09:18:43 PST

In each investigation it conducts, the ITC must determine if there’s a reason any U.S. producer should be excluded from what it considers “the domestic industry.” That means the questions of who's a producer, and who's an importer, are important ones.

The International Trade Commission (ITC) has revealed some of the how and why it believes the domestic tire industry is being harmed by tires imported from South Korea, Thailand, Taiwan and Vietnam.

Service Tire Truck Centers Inc. (STTC) has acquired three commercial locations and a Michelin Retread Technologies (MRT) retread plant from Highlands Tire & Service.

Max Finkelstein Inc. is adding the Cooper and Mastercraft brands to its consumer tire portfolio.

Deadline to Vote for TIA Board is Sept. 1

Tue, 11 Aug 2020 08:03:07 PST

Tire Industry Association (TIA) members are reminded that the deadline to vote for candidates for the 2020-2021 board of directors is Sept. 1. Ten candidates, including eight newcomers, are seeking four open positions.

Some days, it may seem like you were busier than all get-out, but you didn’t make any money. Other days seemed slow, but you were stunned at how much cash you generated. Sometimes the retail world doesn’t make any sense, does it?

Yokohama Continues Sponsorship of MLB Angels

Mon, 10 Aug 2020 14:00:24 PST

Yokohama Tire Corp. isn't letting a shortened baseball season stand in the way of its decade-long partnership with the Los Angeles Angels.

Goodyear Tire & Rubber Co.'s Steve McClellan, President of the Americas, has agreed to serve an extended term as the chairman of the board of the U.S. Tire Manufacturers Association (USTMA).

Falken RI191 Is Made for Delivery Trucks

Mon, 10 Aug 2020 13:10:23 PST

The Falken RI191 is an all-position tire designed to handle high scrub delivery routes and deliver long tread life and even wear in the growing 19.5-inch tire segment.

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 of the year, the tiremaker says it is assuming a drop in demand in the fourth quarter of 2020.

TIA Reschedules 100th Anniversary Events

Thu, 06 Aug 2020 08:19:33 PST

The Tire Industry Association is moving its centennial celebration events to 2021.

CEO Brett Ponton Is Leaving Monro

Thu, 06 Aug 2020 05:24:03 PST

Brett Ponton has resigned as CEO and president of Monro Inc., and as a result the company's chairman of the board of directors, Robbert Mellor, will take over as interim CEO.

AAPEX 2020 Goes Virtual

Wed, 05 Aug 2020 14:58:49 PST

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.

2020 SEMA Show Is Canceled

Wed, 05 Aug 2020 13:32:25 PST

The Specialty Equipment Market Association (SEMA) has canceled the 2020 SEMA Show due to COVID-19.

McCarthy Tire Service Co. Inc. has completed the move of its industrial services operations from Philadelphia to Levittown, Pa.

Latin Tyre and Parts Expo Postponed to 2021

Wed, 05 Aug 2020 06:55:40 PST

The Latin American & Caribbean Tyre Expo and the Latin Auto Parts Expo have been postponed until July 13-16, 2021, due to COVID-19.

Continental Tire the Americas LLC is ramping up its investment in small OTR and construction tires, and Shawn Rasey says dealers need to be alert to conditions in their markets.

Nokian's Sales in the Americas Cut in Half

Tue, 04 Aug 2020 16:10:59 PST

Nokian Tyres’ business in the Americas was among the regions hit hard in the second quarter of 2020, with sales falling by more than half. The company has also delayed the recruitment of a second shift of workers for its new U.S. factory.

Alliance Taps Gibbs for CFO Position

Tue, 04 Aug 2020 14:23:49 PST

Alliance Tire Americas Inc. has named Brian Gibbs its chief financial officer. Gibbs will be based at the company's U.S. headquarters in Wakefield, Mass.

Despite economic pressure, tire dealership mergers and acquisitions will accelerate through the rest of the year. MTD Editor Mike Manges explains why in his latest editorial.

BettsHD Joins the OptiCat Network 

Tue, 04 Aug 2020 08:55:33 PST

OptiCat LLC, a leading supplier of cataloging data services for the automotive and heavy-duty aftermarkets, reports BettsHD has joined the OptiCat Network. 

7 Things to Know About the 2020 Tire Market

Tue, 04 Aug 2020 08:53:51 PST

Tire demand around the world was “severely depressed” during the first six months of 2020 - that’s how the Michelin Group put it. And as the industry tries to turn things around in the second half of the year, I thought it would be good to review Michelin’s current take on things.

ASE Enhances myASE Portal 

Tue, 04 Aug 2020 08:33:40 PST

The National Institute for Automotive Service Excellence (ASE) will be deploying an updated myASE portal for test registering, scheduling and viewing technician information. The portal will be more intuitive and improve the level of service ASE provides. 

PAVE to Clear Confusion Over ADAS Terminology

Tue, 04 Aug 2020 07:27:18 PST

Partners for Automated Vehicle Education (PAVE) has endorsed an effort by several leading safety organizations to help reduce consumer confusion by adopting standardized naming for advanced driver assistance technology.

Discount Tire Joins CarAdvise Network

Tue, 04 Aug 2020 06:01:56 PST

CarAdvise LLC is adding the largest independent tire dealer in the U.S. to its platform of providers for tire and automotive service.

SMP Launches 'Your Car. Your Data.' Sweepstakes

Mon, 03 Aug 2020 13:15:35 PST

Standard Motor Products Inc. (SMP) has launched its SMP “Your Car. Your Data.” sweepstakes. The promotion will run through Oct. 31, 2020.

Yokohama Announces Spartan Race Promotion

Mon, 03 Aug 2020 11:27:52 PST

Yokohama Tire Corp. is giving out free Spartan Race 2021 entries to consumers who purchase four eligible Yokohama brand tires through Sept. 30.

TBC Gives Computers to Schools

Mon, 03 Aug 2020 10:56:12 PST

TBC Corp. has donated 200 laptops to a pair of schools near its Florida headquarters as a way to help families who need technology before another round of remote learning begins.

Cooper CEO Looks to Second Half with Confidence

Mon, 03 Aug 2020 10:28:02 PST

Looking ahead to the rest of 2020, "we are confident the second half will be better than the first half," says Cooper Tire & Rubber Co. President and CEO Brad Hughes.

Michelin North America Inc. says the new Michelin X One Line Energy T2 is its most fuel-efficient trailer tire. The SmartWay-verified tire, which is available in size 445/50R22.5, targets dry van truckload, tanker and refrigerated truckload applications.

Michelin North America Inc. says its newest tire delivers year-round performance and safety so consumers no longer have to give up one aspect to focus on another.

There are many ways to measure your store’s performance, but at the end of the day, most of them hinge on customer satisfaction.

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 economic downturn forced by COVID-19.

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, Cooper’s net sales fell 26.9% to $496 million.

John Ziegler, vice president of Massillon, Ohio-based Ziegler Tire & Supply Co., the 39th largest dealership on this year’s MTD 100, believes that “things are trending the right way.”

Sales for the second quarter fell 41% at Goodyear Tire & Rubber Co., and tire volumes dropped 45% - but that’s actually better than what company executives expected in early June.

Amazon Secures a Coast-to-Coast Tire Installer

Thu, 30 Jul 2020 14:17:59 PST

Two years after its initial test in Baltimore, Monro Inc. has extended its ability to install tires for Amazon.com shoppers at all of its stores in the U.S.

Cosmo Goes Off Road With Mud Kicker Tire

Thu, 30 Jul 2020 11:27:35 PST

Tire Group International LLC (TGI) has expanded its Cosmo brand with the Cosmo Mud Kicker, a tire so focused on its mud performance that TGI sought a trademark to call it "mud rated."

Bridgestone Americas Inc. has named a new president of its consumer replacement tire business in the U.S. and Canada. Mirella Cielo, who has spent the last three years as vice president of the consumer replacement business for Bridgestone in Europe, will replace Erik Seidel, who has been named to a new role.

Petlas Tire Corp. has just updated its RC-700 truck tire to the RC-700 Plus, which offers high mileage and fuel efficiency for mixed service truck operations. 

The three largest John Deere 8R-Series MFWD tractors — the 8R 340, 8R 370, and 8R 410 — can now be ordered with Goodyear Super Single Low Sidewall (LSW) Technology tires.

Sailun Tire Americas has expanded its commercial truck tire lineup with a new wide-base tire for line-haul applications and a product for regional pickup and delivery service.

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. Tires, which account for more than half of the company’s sales, were easily the best performing category, and they were down 14%.

31 Inc./XtraSeal has launched new tire repair training videos, which are available on the company’s website and through its YouTube channel.

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 sense of optimism.

Yokohama Advan Earns Mercedes OE Fitment

Wed, 29 Jul 2020 05:59:39 PST

Yokohama Rubber Co., Ltd. will supply its Advan Sport V107 tire to Mercedes-AMG as original equipment on the new GLA 35 4MATIC, GLA 45 4MATIC+ and GLA 45 S 4MATIC+ models.

Michelin Group recorded a 22.4% drop in tire volumes in the first half of 2020, and the company is forecasting a tough road for the global tire industry for the remainder of the year, with double-digit declines in the passenger, truck and specialty tire markets.

Brooks Swentzel, president of S&S Tire Service, which is ranked number 54 on this year's MTD 100, says his company is focused on getting its new distribution center in Tulsa, Okla., up and running. But that's just one task on the dealership's "to-do" list for the rest of 2020.

Who typically sees more cars in your shop on a typical day: a master mechanic or a lube/tire tech? I’m sure you recognized that it’s your lube or tire tech. Now, think of the impact on your business when this person is performing at a high and consistent level. 

McMahon's Best-One Breaks Ground on New Store

Mon, 27 Jul 2020 08:01:21 PST

Ground was recently broken on what will be the fifth McMahon’s Best-One Tire location in the Ft. Wayne, Ind., area. The 9,000-square-foot facility is scheduled to open early next year.

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 on this year's MTD 100. In this MTD exclusive, Matt Jensen provides an update on customer demand at his dealership and explains why "cash is king."

Few Modern Tire Dealer exclusives are more anticipated than the MTD 100, our in-depth look at the 100 largest independent tire dealerships in the United States. The 2020 version of the MTD 100 appears in our July issue – and I promise you, it’s a can’t-miss.

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 a recovery.

CMA Adds Sizes to Double Coin Truck Tires

Fri, 24 Jul 2020 10:59:01 PST

China Manufacturers Alliance LLC has added sizes to its Double Coin RLB452 open shoulder drive-position tire and Double Coin RR202 five-rib highway service tire.

SEMA Seeks Input on Status of 2020 SEMA Show

Fri, 24 Jul 2020 09:03:50 PST

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 on a virtual element to meet the demand of international attendees who may face travel restrictions.

2020 Modern Tire Dealer 100

Fri, 24 Jul 2020 08:16:44 PST

MTD's exclusive listing of the largest independent tire dealers in the U.S.

Continental AG has created a new department to oversee its sustainability-focused activities and businesses, including the company’s ContiLifeCycle retreading program.

Hankook MLB Campaign to Feature Dodgers Pitcher

Wed, 22 Jul 2020 14:14:44 PST

Hankook Tire America Corp. is preparing to launch the second phase of its Major League Baseball “Never Halfway” marketing campaign, which will include two ads that will hit the airwaves later this month.

NTB & Tire Kingdom Stores Will Require Masks

Wed, 22 Jul 2020 12:26:33 PST

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.

Michelin North America Inc. recently provided a sneak preview of what Alexis Garcin, the company's chairman and president, calls "the most versatile and advanced passenger tire that Michelin has developed in more than two decades."

Fleet customers who have a card account with Comdata Inc. now have access to discounted pricing on light truck and passenger tires from Goodyear Tire & Rubber Co.

TIA Makes TPMS Relearn Chart Available

Wed, 22 Jul 2020 05:40:12 PST

The Tire Industry Association’s Tire Pressure Monitoring System Relearn Chart is now available for purchase. The chart covers both domestic and imported vehicles, listed by make, model and year.

Goodyear to Disclose 2Q Results on July 31

Wed, 22 Jul 2020 04:53:35 PST

Goodyear Tire & Rubber Co. will report its second quarter results on Friday, July 31, followed by an investor conference all at 9 a.m. EDT that day.

ASE Hosts Free TPMS Webinar

Tue, 21 Jul 2020 13:37:25 PST

Technicians looking for guidance on Tire Pressure Monitoring Systems (TPMS) can attend a free webinar hosted by the National Institute for Automotive Service Excellence (ASE).

CEAT Introduces Line for Combine Applications

Tue, 21 Jul 2020 10:34:56 PST

CEAT Specialty Tire is introducing its CEAT Yieldmax radial product line to North America in sizes 650/75 R 32 and 620/75 R 26.

Bartec Updates TPMS Tool Software

Tue, 21 Jul 2020 07:58:01 PST

Bartec USA's latest tire pressure monitoring system tool software update "adds significant coverage for Rite-Sensor" while increasing Bartec's OBDII capabilities, according to Bartec CEO Scott Holloway.

Love's, Speedco to Require Face Coverings

Tue, 21 Jul 2020 07:36:54 PST

Love's Travel Stops will begin requiring customers to wear face coverings at all of its locations — including Love's Truck Care and Speedco locations — on July 29.

Frank Kneller is the CEO of GB Auto Service Inc., one of the fastest growing conglomerates of independent tire dealerships in the country. A division of Greenbriar Equity Group, GB Auto Service has acquired a number of tire dealership chains, including Lamb's Tire & Automotive Centers, Evans Tire & Service and others. In this interview, Kneller discusses the company's acquisition strategy and more.

Cooper Scores Another Mercedes-Benz OE Fitment

Tue, 21 Jul 2020 06:31:43 PST

Cooper Tire & Rubber Co. has earned its second original equipment fitment on a Mercedes-Benz AG vehicle. This time, the Cooper tire will appear on the Mercedes-Benz GLS, the automaker's full-size SUV.

The newest model of Hunter Engineering Co.'s Revolution WalkAway Tire Changer, the TCRH, features HunterNet connectivity, a Walkaway savings odometer, new clamping spindles and press arms systems, plus the latest software.

TIA Supports Additional State DOT Funding

Mon, 20 Jul 2020 06:31:34 PST

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 transportation.

Cooper to Announce 2Q Results on Aug. 3

Mon, 20 Jul 2020 06:13:06 PST

Cooper Tire & Rubber Co. will announce its second quarter financial results before the U.S. stock markets open on Monday, Aug. 3. Cooper management will discuss results and provide a business update on a conference call beginning at 10 a.m. EDT that day.

Leeds West Groups Moves Into 2 More States

Fri, 17 Jul 2020 13:54:49 PST

Leeds West Groups (LWG) will enter two new states on Aug. 1 when it acquires three Big O Tires stores from Big OKI LLC.

Bridgestone Corp. recently acquired Transence Technologies’ iTrack solutions business unit, which the tiremaker calls “a globally-preferred provider of tire management solutions for the OTR vehicle market.” Brian Goldstine, president, mobility solutions and fleet management, Bridgestone Americas Inc., discusses why Bridgestone made the investment, how iTrack will benefit the company's OTR tire dealers and end users, and more.

American Tire Distributors Inc. has picked Digital Air Strike to handle social media postings and strategy for its Tire Pros program. There are more than 600 Tire Pros locations nationwide.

Vulcan-Vulcap Industries Inc. and B&J Rocket Sales AG have created a joint venture which will result in B&J Rocket representing and carrying the full Vulcan-Vulcap tire repair product line across its global distribution platform.

Horizon Launches All-Season UHP Tire

Fri, 17 Jul 2020 05:32:29 PST

The new Supermax UHP-1 all-season ultra-high performance tire from Horizon Tire Inc. is available in 9 sizes. Seven more sizes are in development.

Face Coverings Will Be Mandatory at SEMA Show

Thu, 16 Jul 2020 15:11:38 PST

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.

TireHub Celebrates Two Years in Business

Thu, 16 Jul 2020 15:01:19 PST

TireHub, the tire distribution joint venture between Bridgestone Americas Inc. and Goodyear Tire & Rubber Co., is marking two years in business. The company has 70 distribution centers nationwide.

The Carlstar Group is adding the Versa Cross V3, a high performance tire from the ITP brand, to its all-terrain tire lineup.

Right to Repair Scores Big Win in Massachusetts

Thu, 16 Jul 2020 05:52:15 PST

Voters in Massachusetts will have the opportunity to decide in November whether independent auto service facilities should have access to telematically transmitted vehicle diagnostic and repair data.

Hankook Offers Summer Rebates

Wed, 15 Jul 2020 15:18:33 PST

Consumers who purchase a set of tires from Hankook Tire America Corp. can save with a rebate on either Hankook- or Laufenn-branded products.

Tire Discounters Opens New Store in Huntsville

Wed, 15 Jul 2020 11:26:04 PST

Tire Discounters Inc. has opened a new location in Huntsville, Ala.

Giti Tire Unveils Adventuro ATX All-Terrain Tire

Wed, 15 Jul 2020 11:01:52 PST

The new GT Radial Adventuro ATX all-terrain tire from Giti Tire (USA) Ltd. provides pickup truck and SUV owners with aggressive looks and balanced on/off-road performance, according to Giti ofificials.

Yokohama Earns Award From Subaru

Wed, 15 Jul 2020 10:45:47 PST

Yokohama Tire Corp. has earned a supplier's award from Subaru of Indiana Automotive (SIA) for the third year in a row.

Pirelli Board to Consider Co-CEO

Wed, 15 Jul 2020 09:48:51 PST

As part of the succession plan at Pirelli Cie & SpA, Executive Vice Chairman and CEO Marco Tronchetti Provera has asked the board to consider Angelos Papadimitriou as his possible successor.

Monro Will Report Earnings on July 29

Wed, 15 Jul 2020 06:28:17 PST

Monro Inc.  will report its earnings for the first quarter of its 2021 fiscal year on July 29.

The tariff investigation of passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam will continue, as the International Trade Commission has voted unanimously and said there are signs the products are being sold in the U.S. at less than fair value.

TIA Announces Board Candidates

Tue, 14 Jul 2020 11:54:49 PST

Ten candidates, including two incumbents and eight newcomers, are vying for four open spots on the Tire Industry Association’s board of directors. Those elected will serve three-year terms.  

Continental AG says it is adjusting its financial structure to reflect the decrease in global vehicle production. The plan is to minimize overcapacities, decrease investments, reduce working capital and its labor and market costs to a tune of several hundred million euros by 2022.