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"These steps would conform the PPP with the reality of the gradual reopening now occurring across the United States ..." #COVID_19 #PPP #Tirebusiness
WASHINGTON — A broad coalition of national trade groups is urging congressional leaders to make changes to the Small Business Administration's Paycheck Protection Program that would provide more flexibility to participating small businesses.
The tire features 400% more biting edges than its predecessor, the FD691. #bridgestone #firestone #tirebusiness #tires
The tire features 400% more biting edges than its predecessor, the FD691.
Tire dealers said May was better than April as many #COVID_19 restrictions are being lifted and more people are seeking car service before summer starts. #tirebusiness #tires
Business in mid-May was better than a month earlier, but it's still down from a year ago. And good technicians still are hard to find.
Register to watch our roundtable discussion with tire dealers on both coasts on Wed. at 3 p.m. (EST)
CUYAHOGA FALLS, Ohio — As much of the country begins to open up in the wake of the COVID-19 pandemic, tire and auto service dealers continue to serve customers, albeit in a much different world.How are dealers faring across the county?
New one from #tirebusiness cartoonist Leo Michael. #tires #tiredealer
New issue of TB out now: Latest on USW import petition; Tire dealers see signs of life heading into summer; A look at how tech is changing industry; and much more.
Importers speak out against USW petition; Survey says drivers miss the road; and Titan supports the Ag community and gives away some hats.
"One of the most significant findings from our latest Gauge survey was that the majority of Americans actually miss driving as a result of the pandemic." #Hankook #tirebusiness #tires #travel
NASHVILLE, Tenn. — Americans are ready to break free of the shackles brought on by the COVID-19 pandemic.
Importers are worried about higher prices for consumers and their own long-term heritage of service to U.S. consumers. #import #tirebusiness #tire
AKRON — Most companies potentially affected by the United Steelworkers' (USW) petitions for import duties on passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam are for now reserving comment on the issue. Those that did comment, however, focused on a couple of issues:…
#TBLive: As the summer driving season approaches, how is business three months into the COVID-19 pandemic? How are some of the automotive tire and service dealerships around the country dealing with the situation? What are some of the long-term effects? What positives can a dealer take from this situation?
Join us tomorrow at 3pm ET as Tire Business Editor Don Detore and Managing Editor David Manley examine the current state of affairs with a panel of retail tire dealers.
Register here: https://www.tirebusiness.com/live/covid19retail
Here are some ways those in the tire industry are helping the community during the #COVID_19 pandemic.
#TravelCenters sells new tires, retreads and related maintenance services at 244 locations. #tirebusiness
WESTLAKE, Ohio — TravelCenters of America Inc., which operates 265 truck stops in 44 states, is turning increasingly to franchising to expand its brand and network across the country.
The #USW filed a petition for higher tire import duties on Korea, Taiwan, Thailand and Vietnam. Reporter Bruce Davis joins me to discuss what it all means. #tirebusiness
#Tire dealers and manufacturers are looking to rebound from the effects of the #coronavirus and are hoping for a safe and productive summer. #TireBusiness
The COVID-19 pandemic has stifled demand across the tire industry as home isolation kept people indoors. Now, as the summer nears, the supply chain is ramping up, and tire manufacturers are cautiously getting back to work.
#TBLive: As the summer driving season approaches, how is business three months into the COVID-19 pandemic? How are some of the automotive tire and service dealerships around the country dealing with the situation? What are some of the long-term effects? What positives can a dealer take from this situation?
Join Tire Business Editor Don Detore and Managing Editor David Manley as they examine the current state of affairs with a panel of retail tire dealers.
Register here: https://www.tirebusiness.com/live/covid19retail
Tire Source will be highlighted on air May 22 at noon and 9 p.m. EST on #QVC and 1:55 p.m. and 10:55 p.m. on #HSN . #tirebusiness #smallbusiness #TireSource
AKRON — Qurate Retail Inc., the proprietor of the QVC, HSN and Zulilly shopping networks, has picked northern Ohio tire retailer Tire Source as one of 20 companies it's featuring in its Small Business Spotlight segment on its QVC and HSN platforms.
"Our biggest challenge is that the picture changes every day." #sumitomo #tires #tirebusiness
RANCHO CUCAMONGA, Calif. — Sumitomo Rubber North America Inc. (SRNA) predicts U.S. tire sales will improve going forward after suffering a slump during the pandemic. "The good news is increases are being reported and realized across the board," Matt Leeper, SRNA's director of sales — consumer,.....
"... Chinese producers found a way around our safeguards, and other bad actors are eager to take advantage of U.S. demand."#USW #tires #trade #tirebusiness
PITTSBURGH — The United Steelworkers has filed anti-dumping and countervailing duty petitions on what calls "dumped and subsidized" passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam.
#Bridgestone "... our teammates have been pretty adaptable and they are working safely and pretty effectively, and all of the product launches are still on schedule as planned." #Firestone #tirebusiness
NASHVILLE, Tenn. — The COVID-19 pandemic may have altered the way the tire business — really almost every business — operates once the entire country is reopened, but don't expect one aspect to change for Bridgestone Tire Americas Inc.
Bridgestone on track for 100 new products this year; Plus, Bauer Built gives back to high school seniors
"Our growth demonstrates that although use of cars may have diminished, there is still a demand out there." #tirescanner #mobilerepair #tirebusiness
MIAMI — Online tire retailer Tirescanner.com Inc. said its business grew 400% in the first quarter of 2020 over the same 2019 period, with sales continuing to be strong in April and May.
#Bridgestone announces reopening dates in U.S., Mexico and South America, too. #tirebusiness
NASHVILLE, Tenn. — The wait is over. Bridgestone Americas Inc. will reopen its North American passenger tire plants and all factories in Latin America by the end of the month.
"Our tactic has been, we're leading with pricing, and our pricing is really, really sharp." #tires #TireBrandsAmerica #Tirebusiness
HUNTINGTON BEACH, Calif. — Steve Hutchinson won't dance around the most important selling point of the brand of tires his new agency has begun to sell. Price matters.
As the world starts to ease COVID-19 pandemic restrictions, tire makers are charting a course back to production. #tires #autoservice #manufacturing #tirebusiness
As the world starts to ease COVID-19 pandemic restrictions, tire makers are charting a course back to production.
#Hankook adds more than 50 sizes to the line produced in Clarksville, Tenn. #tirebusiness
NASHVILLE, Tenn. — Hankook Tire America Inc. has expanded the size range of its Kinergy PT and Kinergy ST all-season touring tire lines by over 50 sizes, which are being produced at the company's plant in Clarksville, Tenn.
Pandemic stifled tire demand, earnings reports show; Plus, Michelin aims to green
Overall, #Continental reported first-quarter fiscal pre-tax operating income fell 51%. #conti #tirebusiness
HANNOVER, Germany — Continental A.G. reported double-digit drops in earnings and sales for the quarter ended March 31 as the COVID-19 pandemic slowed demand, but company management said the impact likely will be even greater in the second quarter.
Hankook earnings down, but theres's a bright spot; Plus Kumho restarts U.S. plant
The facility in Macon resumed production May 5. #kumho #tirebusiness #covid_19
MACON, Ga. — Kumho Tire USA Inc. is resuming production at its tire plant in Macon, at least temporarily.
On a positive note, #Hankook said sales of larger rim-diameter tires, those 18 inches and larger, accounted for a larger percentage of its overall tire sales. #tirebusiness
SEOUL, South Korea — Hankook Tire & Technology Co. Ltd. reported double-digit declines in operating income and sales for the quarter ended March 31, drops the company attributed to a sharp drop in demand caused by the worldwide economic slowdown due to the COVID-19 pandemic and lower consumer sent...
The #Gadsden plant, which produced the Assurance passenger tire for cars and light trucks, is one of five unionized factories that #Goodyear operates in the U.S., along with Akron; Topeka, Kan.; Danville, Va.; and Fayetteville, N.C. #tirebusiness
GADSDEN, Ala. — The remaining 400-plus members of United Steelworkers Local 12 have approved Goodyear's plan to close its Gadsden passenger tire plant.
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Here are some ways those in the tire industry are helping the community during the #COVID_19 pandemic.
The #USW filed a petition for higher tire import duties on Korea, Taiwan, Thailand and Vietnam. Reporter Bruce Davis joins me to discuss what it all means. #tirebusiness
USW pushes for higher import tax on Southeast Asia
Bridgestone on track for 100 new products this year; Plus, Bauer Built gives back to high school seniors
Bridgestone to resume production at all North America plants
Tire makers slowly resume production
Pandemic stifled tire demand, earnings reports show; Plus, Michelin aims to green
Hankook earnings down, but theres's a bright spot; Plus Kumho restarts U.S. plant
Goodyear closes Ala. plant; Plus, Pirelli ready to restart in Georgia
Union talks COVID cases at Iowa Bridgestone plant; plus, an update from a tire dealer in Pa.
Eight employees test positive for COVID-19 at Bridgestone Iowa plant.
Michelin halts direct-to-consumer online sales; Pirelli ready to ramp up in Italy; plus we talk the latest at Bridgestone with Editor Don Detore.
Talking about how U.S. tire wholesalers are adjusting business during the coronavirus pandemic.
BKT ramps up; plus Bridgestone reacts quickly to news of COVID case.
New Paycheck Protection Program funds start to roll out.
Fed adds funds to PPP loan program; Goodyear closes Ala. Plant; and Nokian to restart Tenn. plant; plus we hear from a tire dealer on pandemic.
Cooper to restart U.S. plants; plus we hear from tire dealers around the country.
Senate approves more funds for Small Business Administration's Paycheck Protection Program loans.
Many in the tire industry are giving back to the community during the pandemic; Plus, SEMA releases research into COVID-19's impact on industry.
Talking latest tire industry news with Tire Business Editor Don Detore. Contact: [email protected]
Goodyear eyes commercial tire plant restart
Paycheck Protection Program is out of money.
How are truck stop commercial service centers impacted by COVID-19?
Cooper restarts Mexico plant; a status update on other tire plants; plus we hear from some commercial tire dealers.
Talking about "shared sacrifice" in tire industry.
Goodyear CEO shares latest; Michelin helping to make masks.
Vehicle travel down; Cooper/Michelin donate masks; mental health important during COVID_19; and 10 ways tire dealers are keeping their shops safe for all.
Pirelli changes fiscal outlook; Bridgestone helps charity; and groups host webinars on SBA loans.
Cooper extends closures; Goodyear reduces salaries; and we hear from a few tire dealers on the East coast. Question? Post them here.
Let me know what's happening with your tire shop at [email protected]
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