1. 1-16 of 16
    1. Toyo Posts Sales, Income Losses for 2020

      Toyo Tire Corp. posted net sales and operating income losses during 2020. The company's sales declined 8.9% from 2019 levels and its operating income fell 5.5% versus the previous year.

      Specifically, Toyo's tire business unit experienced a decline of 7.9% in sales versus 2019 levels. (The company also has an automotive parts business unit, which suffered a decline in sales during 2020, as well.)

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    2. Purcell Tire Joins Michelin's Commercial, Retreading Networks

      Purcell Tire & Rubber Co., the ninth-largest commercial tire dealer in the country and the fifth-largest retreader, is joining the Michelin Commercial Service Network and Michelin Retread Technologies Inc. and Oliver Rubber Co. LLC retreading networks.

      With 65 service locations and five retread plants in 15 states, Purcell Tire is also the largest retreader of OTR tires in North America. 

      “After a 30-year relationship with Michelin, Purcell Tire is honored to be a part of a very exclusive network of dealers focused on offering the best products and services for commercial and OTR fleets,” says Bob Purcell, owner of Purcell Tire.

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    3. Tire Discounters Hires Crawford to Lead Franchise Program

      Tire Discounters Inc. has hired industry veteran Dave Crawford to lead its recently unveiled franchise program, which will launch in 2021.

      As director of franchise development, Crawford will help "accelerate the company's national growth by adding best-in-class franchise dealers" to complement its 135-plus company-owned locations, say Tire Discounters officials.

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    4. Bridgestone's Ferrari Talks Tire Demand, Future Mobility and More

      Ferrari shares his take on the state of the North American tire market and Bridgestone’s sustainable mobility plans. He also discusses the role independent tire dealers will continue to play in the company’s progress, the most significant challenges facing tire manufacturers over the next few years and other topics.

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    5. Michelin Previews Its 'Most Advanced' Passenger Tire

      Michelin North America Inc. recently provided a sneak preview of what Alexis Garcin, the company's chairman and president, calls "the most versatile and advanced passenger tire that Michelin has developed in more than two decades."

      The Michelin CrossClimate 2 made its debut during a July 22 virtual launch event for Michelin tire dealers.

      The tire, which will boast nearly 80% consumer vehicle market coverage when its lineup is complete, "is ideal" for North American drivers, Garcin said during the event. He added that the CrossClimate 2 "significantly raises the bar for safety."

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    6. Former MTD Editor Chuck Slaybaugh Has Died

      Charles Slaybaugh Jr., a former editor of Modern Tire Dealer who spent 17 years at the magazine and more than 30 years in the tire industry, has died. He was 80.

      Slaybaugh joined Modern Tire Dealer in 1964, and in August 1971 was named editor. He remained the magazine’s editor through November 1975, and was named editorial director in December 1975, a post he retained for six more years.

       

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    7. USTMA Revises Forecast for 2019 U.S. Tire Shipments Upward

      USTMA Revises Forecast for 2019 U.S. Tire Shipments Upward

      The U.S. Tire Manufacturers Association (USTMA) projects 2019 U.S. tire shipments will increase to 333.1 million units compared to 330.4 million units in 2018.

      The latest projection is up from the 332.9 million units for 2019 which the USTMA forecast in July.

      Original equipment (OE) passenger tire shipments are expected to decrease by 2.1 million units, while passenger tire replacement shipments are projected to increase by 6.4 million units compared to 2018.

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    8. Sumitomo Rubber North America Wins Technology Award for Mobile App

      Sumitomo Rubber North America Inc. (SRNA) has won the 2017 Ventana Research Leadership Award in the Digital Technology category.

      SRNA was honored for developing an iPad application that gives its sales personnel easy access to competitor pricing, fitments for popular vehicles in the area, and more. The app combines data from SRNA’s enterprise resource planning (ERP) and sales systems with tire market data to provide salespeople with the insight needed to do their jobs better, and help customers make informed purchasing decisions. 

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    9. Tyres International Founder TC Johnson Dies

      Tyres International Founder TC Johnson Dies

      Thomas C. "TC" Johnson, founder of Tyres International Inc., died Sept. 15, 2016. He was 93 years old.

      Johnson began his tire career in 1946 with Pennsylvania Rubber after serving as a First Lieutenant in World War II. From there he was employed by Mohawk Rubber Co. for 12 years as vice president of sales.

      He founded Tyres International in 1970 and continued there until his retirement in 2000.

      Under Johnson’s leadership, Tyres International introduced Ceat, Barum, Matador, Mitas, Tiber, MRF, Belshina Apollo, Matech, Melbourne, and BKT brand passenger, truck, and specialty tire brands to the U.S. market. Its headquarters are in Stow, Ohio, and today the company has three warehouses in Stow; Columbus, Ohio; and Sparks, Nev., delivering tires throughout the U.S. 

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    10. From Rugged to Refined: Toyo Fills In Open Country Line With 2 New Tires

      From Rugged to Refined: Toyo Fills In Open Country Line With 2 New Tires

      Open Country light truck tires account for more than half of Toyo Tire U.S.A. Corp.’s consumer tire sales. They may account for even more following the introduction of the Open Country Q/T and C/T.

      The Open Country Q/T is a touring all-season tire specially designed for CUVs and SUVs. The Open Country C/T is an on-/off-road commercial grade tire designed to fit 1/2-ton to 1-ton pickups. Toyo says the two new tires fit into the Open Country offerings from “rugged to refined” as follows: M/T to R/T to C/T to A/TII to H/T to Q/T.

      Open Country Q/T

      The Toyo Open Country Q/T (for Quiet Terrain) offers a quiet, comfortable ride; impressive tread life; and attractive design, according to Toyo. Built for a wide range of vehicles, from CUVs to luxury SUVs, this ...

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    11. Vee Tyre Recalls 21 16-Inch Taiga M/T Tires

      Vee Tyre and Rubber Co. Ltd is recalling certain Taiga M/T tires, size LT225/75R16, manufactured Jan. 8, 2015, to March 1, 2015. The potential number of units affected is 21.

      The National Highway Traffic Safety Administration (NHTSA) Campaign ID Number for the recall is 16T010.

      According to the the NHTSA's Office of Defects Investigation, the sidewall of the affected tires may blister and the interliner may separate, compromising the integrity of the tires at high speeds. 

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    12. DOC: 40% Tariffs Due on Truck Tires From China

      The DOC says there was evidence that truck and bus tires were dumped in the U.S. soon after the United Steelworkers sought the investigation in January, and as a result the U.S. Customs and Border Protection will be instructed to retroactively impose the tariffs on products. The effective date will be 90 days prior to the forthcoming publication of this preliminary determination in the Federal Register. (It usually takes about a week for the Federal Register notice to be published, so the tariff retroactive date likely will be around June 7.)

      These anti-dumping tariffs are on top of the countervailing tariffs the DOC preliminarily approved in June. Adding the two tariffs together determines the full penalty. For Double Coin, for example, it's 39.63%. 

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    1-16 of 16
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