The State of M&A in the Tire Industry for 2022
Merger and acquisition activity was subject to both significant catalysts and developing headwinds in 2022. The continued retail consolidation by the major and mid-tier retail consolidators remained strong coast to coast, with strategic buyers and private-equity-backed platforms driving activity, while new private equity entrants expressed interest in obtaining a retail consolidation platform or pursuing a
Industry Icon Johnny Gamauf Joins AMN Drivetime Podcast
John Gamauf, retired president of consumer replacement tires for Bridgestone-Firestone North America, is a 50-year veteran of the tire industry. Starting out with Firestone as a tire buster in the late 60s, he rose through the company’s ranks working in different sales positions for Bridgestone brands until he became president of consumer replacement tires for
AutoLeap Releases Data on the State of the Auto Repair Industry
Automotive repair software company AutoLeap released the State of the Auto Repair Industry Benchmarking Report for 2022. According to the report, AutoLeap obtained data through a comprehensive survey of nearly 300 owners and managers of auto repair shops across North America. The company says it also spoke to various industry experts to collect insights on
Sherri Wolford Prioritizes Positivity in The Fast-Paced Tire Industry
After only two years in the tire service industry, Sherri Wolford’s can-do spirit and values have already had a positive impact on the distribution segment of Myers Industries. Before working as the senior manager of marketing & communications with Myers Tire Supply, Sherri had 20 years of experience within the professional mechanic tool industry. Sherri’s
Turbo Wholesale Tires Gains Investor, 2 Industry Veterans
Kingswood Capital Management announced that it has completed an investment in Turbo Wholesale Tires. Kingswood says it is partnering with Sarkis Sepetjian and the Sepetjian family, who are retaining significant ownership in the company and joining Kingswood on the board of directors. Veteran tire executives, Phillip Kane and Larry Jeffries have been appointed leadership roles
TechForce CEO: The Tech Shortage Will Pass if the Industry Steps Up Now
This year’s Transportation Technician Supply and Demand report, released Nov. 1, might make you involuntarily suck your teeth. Compiled annually by the TechForce Foundation, the report helps us understand the current and projected shortfalls of professionals needed to service the nation’s automotive fleet. Here’s a breakdown of some of the stats that blew our hair
Babcox Media Honors Industry Leaders at Night of Excellence
Babcox Media announced the recipients of three automotive excellence awards – Tomorrow’s Tech’s School of the Year, presented by Wix Filters and O’Reilly Auto Parts; Counterman’s Counter Professional of the Year, presented by WIX Filters; and Tire Review’s Top Shop, presented by Coats. The event was held in the Venetian Expo on the first floor
Wheel & Tire Council to Honor Industry Leaders at SEMA
SEMA’s Wheel & Tire Council (WTC) will honor Roy Littlefield and Stuart Gosswein with the WTC Lifetime Achievement Award, and Greg Parker will be inducted into the WTC Hall of Fame, during the SEMA Show in Las Vegas Nov. 1. Littlefield has served the Tire Industry Association (TIA) since 1979 in numerous roles including CEO,
Scott Blair Creates Opportunities in the Tire Industry With Training
Scott Blair, the founder of T.R.A.C.K. Auto Training & Network, is no stranger to creating solutions to issues facing the tire industry. He just can’t help himself – if he identifies an obstacle affecting his peers, through hell or high water, he’ll find a solution to it. His problem-solving obsession began in the mid-90s when Scott
Innovating Amid Tire Industry Changes with St. Lucie Battery & Tire’s Doug Miller [Audio]
Behind the 17 locations of St. Lucie Battery & Tire is a family of immigrants who moved to southeast Florida in the 1940s. Initially, the Miller family started a poultry and egg business in Fort Pierce, yet one of the oldest boys, Joey, saw a need for batteries in the area. So, after he delivered
