Tire Business

Tire Business Founded in 1983, Tire Business is an award-winning newsmagazine written for independent tire dealers and others in the tire and automotive service industries and automotive aftermarket. Tire Business is published every other Monday.
Tire Business is published every other Monday with news updated daily online. Its in-depth news stories, engaging features and relevant special reports reach more than 30,000 print subscribers and thousands more online. Besides reporting on breaking news, Tire Business also compiles numerous rankings and industry statistics relating to the North American tire and automotive service markets, independent tire dealers, tire manufacturers, tire retreaders and the global tire market. Tire Business is owned by Crain Communications Inc., which publishes 29 U.S. and international business and consumer publications, including Rubber & Plastics News, European Rubber Journal, AutoWeek, Automotive News and Advertising Age. Crain's editorial tenet-that published material must be of real importance to the reader and facts given accurately and fairly-distinguishes the company from its competitors. Subscribers to Tire Business enjoy 26 print issues a year plus access to all areas of tirebusiness.com. Online-only subscriptions also are available. Tire Business Editorial and Business Offices 1725 Merriman Road, Suite 300 Akron, Ohio 44313-5283 Phone: (330) 836-9180 Fax: Editorial, (330) 836-2831; Sales and Administration, (330) 836-1005 Tire Business Circulation Department/Customer Service 1155 Gratiot Ave. Detroit, Mich. 48207-2912 For subscription questions and or problems, please call toll free (U.S. and Canada only) - Phone: (877) 320-1716 or (313) 446-0450 Fax: (313) 446-6777 For more information on Tire Business list rental, please contact: Donna Buckner Statlistics 69 Kenosia Ave Danbury CT 06810 Email: [email protected]
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"These steps would conform the PPP with the reality of the gradual reopening now occurring across the United States ..."...
05/29/2020
TIA, SEMA among trade groups asking for changes to small-business loan program

"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
05/28/2020
Bridgestone launches Firestone FD692 drive tire

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 ...
05/28/2020
Tire dealers see signs of life, new challenges in May

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)
05/26/2020
Four tire dealers to join TB editors live

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
05/26/2020

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 ho...
05/26/2020

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.

05/26/2020
TB Live: May 26

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 driv...
05/26/2020
Lonely Highway: Survey shows people miss driving

"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. #...
05/26/2020
Importers: Consumers in crosshairs of USW petition

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 ...
05/26/2020
BlueJeans Events | Attendee RegistrationApp

#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

05/22/2020
TB Live: May 22

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
05/21/2020
TravelCenters looks to franchising to fuel growth

#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.

05/19/2020
TB Live: May 19

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 an...
05/18/2020
COVID-19's impact on tire industry: News you may have missed

#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 ...
05/18/2020
BlueJeans Events | Attendee RegistrationApp

#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 . #tir...
05/16/2020
QVC, HSN put 'spotlight' on Ohio's Tire Source

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
05/14/2020
Sumitomo executives optimistic for rebound in tire sales

"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. deman...
05/14/2020
USW seeking higher tire import duties on Korea, Taiwan, Thailand, Vietnam

"... 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 o...
05/13/2020
Bridgestone 'on track' for over 100 new SKUs this year

#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.

05/13/2020
TB Live: May 13

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...
05/13/2020
Online retailer Tirescanner reports strong Q1 growth

"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
05/12/2020
Bridgestone to reopen all North American tire plants by end of 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.

05/12/2020
TB Live: May 12

Bridgestone to resume production at all North America plants

"Our tactic has been, we're leading with pricing, and our pricing is really, really sharp." #tires #TireBrandsAmerica #T...
05/11/2020
Tire Brands America finds early success with economy line

"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...
05/11/2020
Tire makers slowly resume production

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
05/11/2020
Hankook expands U.S.-produced Kinergy PT, ST lines

#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.

05/08/2020
TB Live: May 8

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
05/07/2020
Conti: Q1 sales, earnings declines will continue into Q2

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.

05/07/2020
TB Live: May 7

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
05/07/2020
Kumho Tire reopens Georgia 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...
05/07/2020
Hankook books double-digit drops in Q1 sales, earnings

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...

05/06/2020
TB Live: May 6

Goodyear closes Ala. plant; Plus, Pirelli ready to restart in Georgia

The #Gadsden plant, which produced the Assurance passenger tire for cars and light trucks, is one of five unionized fact...
05/06/2020
Goodyear Gadsden plant to close May 6

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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Dear partners of the pneumatic sector I recommend being very careful with a Japanese company that sells michelin and bridgestone brands. This company may be committing crime. They will be informed if it is true shortly. everything is in the hands of lawyers and jatma association. We will not give a name in case it is a mistake. but soon we will inform.
Why is it that tire shops or tire distributors do not and don’t acknowledge that they are selling the customer a tire that is 3 years or 10 years old... does this non acknowledgement fall on falsification/ misleading customers to believe that the tire is new the year of purchase.. ??? Why is this aloud to go on
Do world leaders (more precisely snow and traction chains manufacturer) with history always act as reliable partners? When considering whether it is worth cooperating with a commercial company people ordinarily rely upon its merits, primarily its successful experience. Do they really do right following such a common way of choosing the partner to share business together? The #Austrian #Pewag company presents itself as well-known all over the world and one of the biggest manufacturers and distributors of #chains for diverse purposes as #snowchains, #tractionchains. Founded 300 years ago the company has had many factories (#Austria, #PuebloUSA) and representative offices throughout the world by now (one of which was located in Almaty, a large industrial center in the Republic of Kazakhstan. In 2016 keeping on doing business in Kazakhstan the company suddenly ceased complying with its obligations under previously signed agreements. In particular, the company management ceased to pay taxes and rent in a most irresponsible manner. It looked like the company bosses had just lost sight of their representative office in the city of Almaty. Several civil lawsuits were filed against the Pewag company in the Almaty court, Republic of Kazakhstan. The court ruled in favor of the plaintiff and ordered the defendant to re-register the legal entity and pay damages, including taxes and rent for the office space the company had used for its commercial purposes for a long time. It is interesting to note that Company officials did not even consider it necessary to attend the court hearings. However, nothing has changed since then. The Pewag company representatives continue refusing to comply with the courts' decisions. It should be stressed that the above company is considered a world leader with history, not a small company started a couple of years ago of which nobody has ever heard! In summary, sometimes international companies well-known throughout the world only act on the basis of their own interests in complete disregard of the principles and norms of ow world-wide and local laws. This sad fact is a matter of great concern for those who one day decided to cooperate with such partners.
"2018 The 9th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition" Dear Sir/Madam, We sincerely invite you to attend 2018 The 9th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition, which will be held in Guangrao International Exhibition Center in Shandong Province in China on May 15th-17th, 2018. Guangrao is a tire production base, 25% (one ninth tires of China are produced in Guangrao). The Exhibition Organizing Committee is committed to offer the participated international visitors: 1. Free Bus pick-up service from the following places and the way back: Beijing subway -Capital International Airport; Jinan Yaoqiang International Airport; Qingdao Liuting Airport; Dongying Yongan Airport; Zibo Train Station; 2. Free hotel accommodation 3. Free Foods (3 meals per day, as well as Halal food) 4. Free Exhibition ticket (VIP Guest) and some small souvenirs 5. Local tour traveling arrangement, but in your own expense Foreign Visitor Profile Requirements: Age above 25 years old. Holding Residence permit /Business/Work visa (Z, Q, L, M, S Visa). PM me for more details Best Regards Sarwar Soomro Email: [email protected] Mob: +8618811736583 wechat: soomro60 WhatsApp: +8613261693188