Cooper Tire & Rubber Co. released its third-quarter 2013 results on February 28. Despite a $168,000 loss attributable to the company, Cooper will report positive net income for the fourth quarter, according to Chairman, CEO and President ...
Tags: Tire, Cooper Tire&Rubber
The Tire Recycling Project, also known as TREC, is designed to develop two uses for used tires. The project is driven by Groupe Michelin. The first use, TREC Regeneration, involves regenerating rubber compounds to make new high ...
Tags: tire
More consumer tires are sold through the independent tire dealer distribution channel than any other, by far. However, it is not the fastest growing channel. That "honor" belongs to -- drum roll, please -- auto dealerships. While ...
Tags: MTD, dealership, tire
What can farm tire dealers expect in 2014? The experts believe Q4 2013 numbers will be strong enough for a good lead into 2014, and that momentum should continue throughout the year for the replacement farm tire market. Every December ...
Tags: Farm Tire, Tire, Tyre, Auto Parts
American Tire Distributors Inc. (ATD) announced it has acquired all outstanding common shares of Wholesale Tire Distributors Inc. (WTD) based in Vaughan, Ontario, Canada. ATD says the acquisition will further strengthen its presence in ...
Tags: tire, tyre, Auto Parts
Which competitor provides the biggest challenge to your profitability? Is it a tire company-owned store? Sears? Sam's Club? Perhaps your local muffler shop takes business away from you. Or are independent dealers your strongest ...
Tags: tire, tyre, Auto Parts
Yokohama Rubber Co. Ltd. and Kumho Tire Co. Inc. signed a memorandum of understanding on Nov. 29 to start discussions of technology exchanges and a capital alliance premised on cross-shareholdings. Yokohama says the two companies aim to ...
Tags: Auto Parts
WTB is entering the market for tubeless cyclocross tires and rims, thanks largely to one 'cross nut at the company. WTP product manager Chris Feucht decided that he needed a tubeless 'cross tire, so set about adding the new rim and tire ...
Tags: Tire, tyre, rims, auto parts
Apollo Tyres Ltd. has made further inroads into the Sri Lankan market with the opening of its first branded retail outlet in the island nation. Christened as Apollo Zone, this outlet is designed to provide customers with an enhanced ...
Tags: Auto Parts, tyre, tire
Cooper Tire's Roy Armes says the lawsuit against Apollo "is a necessary step in the process to assure that the terms of the merger agreement are met as required and that we do everything possible to get the transaction closed promptly." ...
Michelin North America Inc. is in the process of reducing production of BFGoodrich consumer tires in the United States. The reason is a drop in demand. On Tuesday, Oct. 1, 2013, the company began implementing an "indefinite" layoff of ...
Tags: BFG Tires, Michelin Tires
The Goodyear Tire & Rubber Co. held an investor meeting today when CEO and President Rich Kramer discussed strategies and goals for the next three years, plus the company's capital allocation plan. "We haven't lost sight of where our ...
Tags: Goodyear, tyre, Auto Parts
Will the deal between Apollo Tyres Ltd. and Cooper Tire & Rubber Co. go through? We will find out Sept. 30, 2013, when Cooper holds a special meeting of stockholders to consider and vote on the previously announced merger. Cooper ...
Tags: Apollo Deal, Cooper Shareholders
All Tire Discounters Inc. stores are now stocking Falken brand tires. The company says its 86 Tire Discounters locations in Ohio, Kentucky and Indiana are carrying the high-performance tires from Falken Tire Corp. "Quality customer ...
Tags: Auto Parts, tyre
Yokohama Rubber Co. Ltd. posted net income of 13 billion yen on net sales of 269.7 billion yen for the first half of its fiscal year ended June 30, 2013. Operating income was 19.1 billion yen, down 4.2% compared to the year-ago period. ...
Tags: economy, Auto Parts