Cooper Tire Sees Net Loss of $12M in Q1
First-quarter net sales were $532M for Cooper compared with $619M in the first quarter of 2019, a decrease of 14.1%.
TIA Signs Onto Group Credit Sales Letter to Congress
TIA members request Congress pass a temporary legislative modification to account for the suddenly high volume of customer defaults on credit sales.
TIA, GfK to Hold Webinar on Coronavirus, Tire Industry
“What the Data Shows: How COVID-19 is Impacting the U.S. Retail Tire Industry,” will take place Wednesday, May 6, at 2 p.m. EDT.
Vredestein Debuts its First UHP A/S Tire for North America
Vredestein’s Hypertrac, a UHP all-season tire, is the first of four products the company will debut in 2020.
Giti Tire Suspends U.S. Plant Production Due to COVID-19
As an essential business, Giti Tire will continue its sales and distribution operations to serve dealers and customers.
Apollo Vredestein Introduces New Winter Tire Program
The company says the program starts with a minimum order of two containers, with steeper incentives for larger order quantities.
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.
OE Trends Edge Out Traditional HP Segment
As OE manufacturers continue to look to differentiate their vehicles with performance packages and larger wheels, the traditional “high performance” segment is disappearing.
Updated: Tire & Auto Groups Provide COVID-19 Resources
Several organizations have provided resources to help independent tire dealers better understand how their businesses are being affected by this pandemic.
Updated: Tire Manufacturers’ Responses to COVID-19
Tire manufacturers explain how their businesses – production, operations and distribution – have been affected by the coronavirus.
