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Tire Business - Tire Industry News, Manufacturing News & Analysis
Will President Donald Trump really go through with 25% tariffs on Canadian and Mexican imports? Auto maker and supplier executives, dealers and industry analysts repeatedly asked that question at the recent Washington D.C. Auto Show.
Tire Business ranks the Top 75 tire makers of 2024
Aug 23, 2024 · Group Michelin remained the top tire maker in the world for the fifth year in a row, based on estimated fiscal 2023 tire sales revenue.. The Clermont-Ferrand, France-based company generated $27.5 billion in revenue last year to lead all tire makers, finishing roughly $2 billion ahead of Tokyo-based Bridgestone which had estimated sales of $25.5 billion.
Top 100 tire retail dealerships in North America in 2024
Oct 25, 2024 · Big Brand Tire & Service's purchase of Tires To You, an Austin, Texas-based dealership with seven locations throughout the Austin area.; Dobbs Tire & Auto Centers Inc.'s acquisition of Longview, Texas-based Automotive Super Center (ASC) and its seven retail stores.; Sullivan Tire and Auto Service's purchase of seven Stratham Tire commercial/retail stores in …
Mid-Year Report - Tire Business
Dynamic Tire specializes in distributing opening-price-point tires and that strategy has been to its advantage, especially this year when customers are more cost-conscious. In the year and a half since Turbo Wholesale Tires took on a private-equity investment partner, it has executed a …
Goodyear, Continental among ATD's largest creditors
Oct 23, 2024 · HUNTERSVILLE, N.C. — Goodyear and Continental Tire North America Inc. are owed more than a combined $200 million in unsecured credit by American Tire Distributors Inc. (ATD), according to a document published by Donlin Recano & Co., Inc., the claim agent retained by ATD after its most recent filing for Chapter 11 bankruptcy protection.. Goodyear's …
Global Tire Report - Tire Business
The four largest tire makers in the world remained unchanged, but then the shakeup in this year's Global Tire Report Top 75 rankings begins.
Turbo Wholesale acquires Tire Wholesalers Inc. | Tire Business
Jun 16, 2023 · IRWINDALE, Calif. — The wave of consolidation among wholesalers continues to build. Turbo Wholesale Tires and Tire Wholesalers Inc. (TWI), two venerable wholesale businesses with decades of experience and extensive customer bases, have combined their operations under a common management structure designed to support additional growth.. …
Tire Business: The 2024 Global Tire Report | Tire Business
Aug 23, 2024 · The 39th annual Global Tire Report rankings, based on 2023 tire sales, is out now. This excel datasheet features the ranking of the Top 75 tire makers in the world, including 2023 global sales and what percentage of those sales makes up total corporate sales.
Happy anniversary: Tire industry milestones in 2024
Dec 20, 2024 · Nokian Tyres P.L.C broke ground on its first plant in North America in 2019, and five years later, the plant is flourishing. The workforce has grown from an initial group of 60 to 500 at the Southeast Tennessee plant.The company said that since that time, it has manufactured millions of tires, been lauded for its sustainable operations, and expanded its workforce eight …
Continental plans spin-off, sale of some ContiTech units | Tire …
Dec 18, 2024 · HANOVER, Germany — Continental A.G.'s plan to spin off its automotive systems/components business and restructure around its tire and rubber activities will include hiving off the automotive original equipment solutions business within the ContiTech industrial rubber business unit.. Conti said it is "presenting" this business unit— which develops and …