Monro Muffler Brake Inc. is expanding again with the purchase of the Car-X Tire & Auto retail auto service brand franchise. Monro will continue to operate Car-X’s nearly 146 locations as a franchise, according to the company.
Financial terms of the deal were not disclosed.
The first Car-X location opened in 1971 in Hammond, Ind. Today the franchise is comprised of 146 stores, owned and operated by 32 independent Car-X franchisees across 10 states, according to Monro.
Cosmo will continue its portfolio expansion later this year when it launches its new Gripit X/T, Rockit R/T, and Cosmo Kurrent.
Cosmo Tires, distributed by Tire Group International, has introduced changes to its mileage warranty and road-hazard programs which will now feature a mileage warranty of 40,000-70,000 miles for all passenger and light truck tires offered.
“Our products are over-built and tested on the most rigorous tracks and terrains around the globe and this reflects our investments in manufacturing and quality. Now, all passenger and light truck tires carry Cosmo’s road hazard and mileage warranty ranging from 40,000-70,000 miles," said Dominick Montouri, chief strategy officer of Tire Group International, said.
The facility is set to begin production in early 2027 with a planned annual output of five million tires.
TIA’s pre-show events, encompassing the annual membership meeting and cocktail reception, will happen at Planet Hollywood Resort & Casino.
Rose was posthumously awarded with the franchise’s second-ever Lifetime Achievement Award.
The company secured gold awards in four categories, including Best Employer, Best Auto Repair, Best Car Wash and Best Auto Detail.
Continental Tire executives talk about the status of the PLT tire market, the company’s strategic balance between OE and replacement tire offerings, and more.
Anyline received around $2.86 million to fund research and development of Closed Loop Training for artificial intelligence models.
In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada.
Zurcher previously served as COO for Best-One Tire for the past seven years.
