Icahn Acquires 19 Independent U.S. Service Locations
Icahn Automotive Group has purchased 19 independently owned service locations across the U.S.
Bridgestone Americas CEO Garfield to Retire, New Leadership Team Announced
The leadership of Bridgestone Americas Inc. is in transition. Today the company announced the end-of-year retirement of its CEO, president and executive chairman, Gary Garfield. The company helm will transition to Gordon Knapp, the company’s COO who will become president and CEO effective Sept. 1, 2016. The company hopes that the overlap, with Garfield as
Bridgestone Eyes Store Expansion in US
Despite losing its bid for Pep Boys, Bridgestone is still looking to expand its retail footprint in the United States. The tiremaker is planning to expand to 6,000 stores by 2020, CEO Masaaki Tsuya told Japanese financial publication Nikkei. In addition to opening new stores, Bridgestone is considering increasing contracts with dealerships, according to Tsuya. Bridgestone
Bridgestone Matches Icahn Bid
Bridgestone Americas has increased its offer to acquire The Pep Boys- Manny, Moe & Jack to $15.50 a share. This is $28 million more than its initial cash offer of $835 million. Bridgestone was forced to increase its offer or walk away from the Pep Boys deal after billionaire investor Carl Icahn’s Icahn Enterprises offered
Warren Tire is Servicing Locals, Students
Warren Tire & Auto Center has been a trusted family business in the heart of Tuscaloosa, Ala., for more than 50 years. When Jimmy Warren started the business on University Blvd. in 1961, he never could have imagined how much his small southern town would grow over the years, thanks to a large degree to
Of Shortcomings and Responsibility: The Public Service Edition
How must it feel to be publicly lashed for being the most disorganized, ineffective, irresponsible and unresponsive government agency in perhaps the history of all government agencies? Harsh, yes? But what if that criticism came from one of the most disorganized, ineffective, irresponsible and unresponsive government bodies ever in the history of government bodies? Probably
May End R2R Battle
Hailing it as "decisively ending the longstanding Right to Repair debate within the industry," a collection of automaker and aftermarket groups signed an agreement earlier this week to accept on a nationwide basis the "essential provisions" of the recently enacted Massachusetts Right to Repair legislation. On Nov. 26, 2013, the Commonwealth of Massachusetts governor Deval Patrick
TBC Announces New Director of Communications
TBC Corp. has named Regina Tracy director of corporate communications. “We’re excited to welcome Regina into this expanded role within TBC. She has the background, expertise, and professionalism TBC needs to ensure that our communications are in line with our customer-facing brands,” said Erik Olsen, COO of TBC Corp. Tracy will oversee the company’s internal
AAIA Elects New Officers and Board of Directors
The Automotive Aftermarket Industry Association (AAIA) elected its new officers and board of directors for the 2013-14 year. Effective July 1, AAIA’s elected officers of the Executive Committee are: • Chairman, Timothy Lee, Lang Distributing Inc.• Vice Chairman, Richard Jago, Old World Industries Inc.• Treasurer, Michael Klein, IDQ Holding Inc.• Secretary, Ira Davis, Multi Parts
It’s Just a Numbers Game
The “creeping normalcy” of change is taking the heart, soul and backbone out of the tire business.