Tire Business - Tire Industry News, Manufacturing News & Analysis
Specialty Equipment Market Association (SEMA) members generated $53 billion last year, a number that should grow in 2025 if manufacturers adapt to changing economics impacts, more CUVs and the youth movement.
Tire Business ranks the Top 75 tire makers of 2024
Aug 23, 2024 · Group Michelin remained the top tire maker in the world for the fifth year in a row, based on estimated fiscal 2023 tire sales revenue.. The Clermont-Ferrand, France-based company generated $27.5 billion in revenue last year to lead all tire makers, finishing roughly $2 billion ahead of Tokyo-based Bridgestone which had estimated sales of $25.5 billion.
Top 100 tire retail dealerships in North America in 2024
Oct 25, 2024 · Big Brand Tire & Service's purchase of Tires To You, an Austin, Texas-based dealership with seven locations throughout the Austin area.; Dobbs Tire & Auto Centers Inc.'s acquisition of Longview, Texas-based Automotive Super Center (ASC) and its seven retail stores.; Sullivan Tire and Auto Service's purchase of seven Stratham Tire commercial/retail stores in …
Happy anniversary: Tire industry milestones in 2024
Dec 20, 2024 · Nokian Tyres P.L.C broke ground on its first plant in North America in 2019, and five years later, the plant is flourishing. The workforce has grown from an initial group of 60 to 500 at the Southeast Tennessee plant.The company said that since that time, it has manufactured millions of tires, been lauded for its sustainable operations, and expanded its workforce eight …
Tire Business: The 2024 Global Tire Report | Tire Business
Aug 23, 2024 · The 39th annual Global Tire Report rankings, based on 2023 tire sales, is out now. This excel datasheet features the ranking of the Top 75 tire makers in the world, including 2023 global sales and what percentage of those sales makes up total corporate sales.
Goodyear, Continental among ATD's largest creditors
Oct 23, 2024 · HUNTERSVILLE, N.C. — Goodyear and Continental Tire North America Inc. are owed more than a combined $200 million in unsecured credit by American Tire Distributors Inc. (ATD), according to a document published by Donlin Recano & Co., Inc., the claim agent retained by ATD after its most recent filing for Chapter 11 bankruptcy protection.. Goodyear's …
Global Tire Report - Tire Business
The four largest tire makers in the world remained unchanged, but then the shakeup in this year's Global Tire Report Top 75 rankings begins.
Wholesaler K&M Tire acquires K&W | Tire Business
Sep 9, 2024 · K&M has acquired Lancaster, Pa.-based K&W Tire. DELPHOS, Ohio — K&M Tire Inc. has acquired K&W Tire Inc., a Lancaster, Pa.-based wholesaler with six distribution centers in the Northeast, including three in Pennsylvania.
ATD files for Chapter 11 bankruptcy protection - Tire Business
Oct 23, 2024 · HUNTERSVILLE, N.C. — American Tire Distributors Inc. (ATD) filed for Chapter 11 bankruptcy protection for the second time since 2018.. ATD, the largest independent wholesale tire distributor in the U.S. with 2023 sales of $5.7 billion, called the voluntary filing — made in the U.S. Bankruptcy Court for the District of Delaware — a means to position itself as a stronger …
New Midas franchise store opens in Minnesota | Tire Business
4 days ago · ST. CLOUD, Minn. — Stranik Automotive Group has opened its 14th Midas franchise shop, a 5,000-sq.-ft. facility in St. Cloud.. Overall, TBC Corp.'s Midas franchise has 22 locations in Minnesota. Stranik Automotive Group, a third-generation, family-owned business based in Minnesota, began over 60 years ago as a single auto repair shop and now operates auto …