The Goodyear Tire & Rubber Co. reported a 31% sales increase from a year ago in its second quarter financial results, released last week. In its financial results, Goodyear credited the uptick in sales, which were $5.2 billion in Q2, to the Cooper Tire merger, improvements in price/mix, higher volume and increased sales from other
Jamie Ward is a true tire guy. From the time he was a young boy, he worked for his grandfather, a firefighter who ran an auto shop out of his garage. He learned the ropes there, and by age 15, he had the skills equivalent to an ASE-qualified Master Technician. But Jamie didn’t stop there.
Since first arriving on the automotive scene nearly 30 years ago, Myles Kovacs has been entrenched in car culture, marketing and branding, and has an eye for spotting what’s next. Kovacs has a laundry list of accomplishments to back up why he’s the go-to guy for trendspotting: He co-founded DUB Magazine, an automotive lifestyle publication
Monro, Inc. announced financial results for its first quarter, ending June 25, 2022, and reported that sales increased 2.3% to $349.5 million, as compared to $341.8 million for the first quarter of the fiscal year ending March 26, 2022. During the first quarter of fiscal 2023, the company opened three stores and closed four stores.
You may have heard of Myles Kovacs. Most recently, Kovacs’s name has been synonymous with high-end wheels as the owner of TIS Wheels, a cutting-edge off-road wheel brand distributed through American Tire Distributors (ATD). Yet this trendsetter and off-road junkie has taken his talents to the tire space this past year with the launch of
A little over a year ago, Goodyear acquired Cooper Tire for $2.5 billion, promising synergies among the two companies and streamlined services for dealers. So how are they doing that? What does it take to integrate two American powerhouse tiremakers? In this episode of What’s Treading with Tire Review, presented by AAPEX 2022, we speak
A little over a year ago, Goodyear acquired Cooper Tire for $2.5 billion, promising synergies among the two companies and streamlined services for dealers. So how are they doing that? What does it take to integrate two American powerhouse tiremakers? Like you, we had lots of questions about how the companies would sort out their
For Jeff Perry, the most exciting part about his job in the tire industry is the people in it. A self-described “relationships-driven” professional, Perry knows that he can pick up the phone to celebrate a win or hash out a solution to a problem with someone he has a relationship with on the other line.
Mavis Tires & Brakes and Melvin’s Tire Pros & Auto Service Centers announced they will join forces to create an automotive services brand. Together Mavis and Melvin’s will operate five Melvin’s by Mavis stores including locations in Seekonk, Massachusetts, and Kingstown, Smithfield, and Johnston, Rhode Island. With this addition, the Mavis family of brands will
This year, Belle Tire marks 100 years in business as it continues its expansion into the Chicagoland area– to the tune of opening 20 stores per year for the next three years. According to Don Barnes III, president of the burgeoning tire retailer headquartered in Allen Park, Michigan, Belle Tire’s future is expansive, but the
The Tire Industry Association (TIA) board elected Bridgestone Americas Inc. executive Debra Hamlin to secretary, June 24, during its summer board meeting in Orlando, Fla., the association says. A TIA board member for the past four years, Hamlin serves as the director of environment, health, safety and sustainability – Commercial Tire Division for Bridgestone Americas.
Toyo Tire Holdings of Americas Inc. announced executive appointments at Toyo Tire North America Manufacturing Inc. (TNA), effective as of July 1. Shinji Tanabe has been appointed chairman and CEO of TNA, which manufactures Toyo and Nitto branded passenger and light truck tires in White, Georgia. He will be responsible for the overall plant organization,