Tire Business - Tire Industry News, Manufacturing News & Analysis
WEBCioffi: What the Fed rate cut means for the tire industry. Despite the 0.5% cut, the current rate is still relatively high and restrictive for many businesses, especially in capital-intensive industries like tire manufacturing, distribution and retail.
TireHub launches independent dealer program | Tire Business
WEBJan 16, 2024 · ATLANTA — TireHub L.L.C., the national wholesale tire distributor co-founded by Bridgestone Americas Inc. and Goodyear, has unveiled its TireHub Plus program designed to support its independent tire dealer customers.. TireHub Plus provides tools and services to help boost revenue, enhance profitability, attract new consumers and increase overall consumer satisfaction for TireHub customers ...
Global Tire Report - Tire Business
WEBTire makers commit more than $6.5 billion to capex spending. Of the $6.5 billion tracked, more than 40% — $2.85 billion — is earmarked for projects in North America and 15% for Europe. Global Tire Report.
Tire Business ranks Top 75 global tire makers in 2022
WEBAug 26, 2022 · Tire Business ranks Top 75 global tire makers in 2022. The 37th annual Global Tire Report rankings, based on 2021 tire sales, showed record year for the industry. If 2020 was the global tire industry's "asterisk" year — due to COVID-19 and the associated global economic impact — 2021 might be viewed as a statistical anomaly, gaining back ...
Michelin, Bridgestone, Goodyear top tire makers again - Tire …
WEBAug 25, 2023 · For the annual Top 75 Tire Makers ranking, Tire Business looks at the tire makers' revenue generated from the sale of tires they've manufactured, in order to achieve a more equitable apples-to-apples comparison. Excluded are items such as third-party sales of materials (steel cord, synthetic rubber, carbon black, etc.) as well as any non-tire-related revenue and non-tire revenue (auto service ...
Horizon debuts passenger, steer tires to U.S. market
WEBJun 17, 2022 · IRWINDALE, Calif. — Importer/wholesaler Horizon Tire Inc. is releasing two new products to the U.S. market: The Crossmax PLT touring tire; and the Sotera MTR medium-truck steer tire.. The Crossmax, which will be available in 50 sizes initially, will be available in early July, while the Sotera MTR is available now in 25 sizes.
Timeline: Goodyear and Cooper Tire - Tire Business
WEBFeb 22, 2021 · Timelines: Goodyear and Cooper Tire. 1898 — Frank Seiberling borrows $3,500 from his brother-in-law Lucius Miles for the down payment on an abandoned strawboard factory on the banks of the Little Cuyahoga River in Akron, founding Goodyear Tire & Rubber Co. in honor of Charles Goodyear, the man credited with discovering vulcanization. 1900 ...
U.S. AutoForce shakes up wholesale tire industry
WEBMar 15, 2022 · AKRON, Ohio — There was a seismic shift in the balance of clout among U.S. wholesalers in the past few months, as U.S. AutoForce solidified its position as the No. 2 independent wholesaler in the U.S. with its acquisitions of Treadmaxx Tire Distributors and Max Finkelstein Inc.. Those deals, carried out in October 2021 and January 2022, respectively, nearly doubled U.S. Auto-Force's ...
Goodyear adds WeatherReady 2 to Assurance line | Tire Business
WEBAug 20, 2024 · Goodyear grows Assurance line with WeatherReady 2. Don Detore. [email protected]. AKRON/GARRETTSVILLE, Ohio — The excitement, it seems, was contagious among those wearing blue polo shirts embossed with the Goodyear logo.
Data shapes annual Global Tire Report
WEBSep 28, 2022 · AKRON — The five largest tire manufacturers worldwide, as ranked by Tire Business in the 37th annual Global Tire Report, remained unchanged from the 2021 ranking.. Group Michelin continued to top the charts with an estimated fiscal 2021 global tire-manufacturing revenue of $26.3 billion.