Cosmo Tires Expands Distribution with New Partner

Mighty Tire Wholesale will distribute Cosmo brand tires under a new agreement.

By Christian Hinton
October 25, 2023

Cosmo Tires announced Mighty Tire Wholesale, a wholly-owned division of Ziegler Tire, as its newest distributor. This distribution expansion is part of Cosmo Tires’ strategic plan to expand its market access for consumers, the company said.

“With both organizations being family owned, it was a natural fit and we understand the complexities of the independent tire dealer,” John Zeigler, vice president of Mighty Tire Wholesale, said.

“We are excited to partner with the Mighty Tire family and look forward to bringing added value to their dealer network,” Tony Gozalez, CEO of Tire Group International, said. Cosmo Tires are renowned for their innovative technology, exceptional performance, and superior durability.”

European Replacement Tire Sales Plummet Across All Segments in Q3

ETRMA reported declines ranging from -6% in consumer to -21% in agricultural tires, warning of economic threats hammering demand.

By Christian Hinton
November 30, 2023

The European Tyre and Rubber Manufacturers’ Association (ETRMA) published its members’ replacement tires sales data for Europe for the third quarter of 2023. Figures reported a significant decline across all segments, confirming a negative market trend, ETRMA said. Q3 2023 showed a 6% decline in the sale of consumer replacement tires compared to Q3 2022. Similarly, the truck and bus tire (TBR) segment recorded a -7% variation. However, the most impacted markets were the agricultural (-21%) and motorcycle/scooter (-20%) tires.