Dealer Focus: Cannon’s/Condon & Christ Automotive Service+
Eric and Allison Smith distinguish themselves as the most neighborly shop in the LaPorte, Indiana, area.
ITC to Continue PLT Tire Tariff Investigation
The USITC says it is likely PLT tires from four countries are being sold in the U.S. at less than fair value.
Club 3633: Trent Wallin
Since joining Alliance, Trent Wallin says the region he manages, which is comprised of nine states, has seen substantial year-over-year growth for the past three years.
Club 3633: Greg Karson
Greg Karson is Nexen Tire’s business development manager, running all aspects of the company’s Next Level associate dealer program.
Independent Tire Dealer Focus: ‘Uncle Dan’ Svihla
When “Uncle Dan” Svihla – the owner of Uncle Dan’s Tire World & Auto Centers – says customers are No. 1 at his shop, he’s not just delivering lip service.
Proud to Be: Joe Mullaney, Mullaney’s Tire & Car Care Center
Joe Mullaney says independent tire dealers have a leg up over the big box stores when it comes to choosing their direction.
Toyo Tires’s Q1 Net Sales Down 8.9% Year-Over-Year
Toyo’s tire business net sales (approximately $673.09 million) was down 8.2% from Q1 2019, while its automotive parts business net sales (approximately $91.07 million) was down 14% from Q1 2019.
Goodyear Q1: Sales Down 15% from 2019, Net Loss of $619M
Goodyear says its Q1 decline was driven by lower industry volume, which was significantly impacted by the COVID-19 pandemic.
The All-Season Tire Continues to Evolve
As consumer demands for these tires change, manufacturers are finding new ways to improve upon the all-season formula.
Goodyear to Permanently Close Gadsden, Ala. Factory
The company expects the closure of the plant, combined with other rationalization actions, to result in approximately $130 million of annual savings in 2021 when compared with 2019.
The Never-Ending Quest to Improve Fuel Efficiency
If a tire is built with the singular goal of being as fuel-efficient as possible, it is probably not going to be at the head of its class in some other areas of design, such as durability and longevity.
Auto Suppliers ‘Most Vulnerable’ During COVID-19 Outbreak
Moody’s says auto suppliers land in the “high exposure” category of Moody’s Coronavirus heat map, indicating potential near-term implications for credit quality and possibly ratings.