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Tire Business 07/10/2020 15:37
WASHINGTON, D.C. — Trade associations representing the automotive aftermarket are among dozens of trade groups calling for automatic forgiveness of Paycheck Protection Program (PPP) loans for under $150,000. In a sent to this week to ranking members of the Senate and House Committees on Small Business and Entrepreneurship, the trade groups voice their support for Senate , the Paycheck Protection Program Small Business Forgiveness Act, a measure that's receiving bipartisan report. Among the groups that signed the letter are the Auto Care Association, International Franchise Association, Motor & Equipment Manufacturers Association, Specialty Equipment Market Association and Tire Industry Association. "We can avoid the burdensome cost of super.
Tire Business 07/10/2020 14:58
SALT LAKE CITY, Utah — U.S. AutoForce is opening a wholesale distribution center in West Salt Lake City in August to service customers throughout central Utah. The new warehouse, located near the I-80/I-275 interchange, will be Appleton, Wis.-based U.S. AutoForce's first facility in the Beehive State and 34th distribution center nationwide.
Tire Business 07/10/2020 14:55
REYNOLDSBURG, Ohio — Kenda Tire USA Inc. has agreed to become a sponsor of the Championship Off-Road Series (COR), a newly established short-course off-road racing series that is set to begin its delayed 2020 season July 10-11. Kenda joins Cooper Tire & Rubber Co. and Maxxis International as tire companies listed as of the 10-round racing series organized by International Series of Champions Inc. (ISOC). The series proscribes DOT-approved street tires for all three Pro classes, a decision that ISOC said will help contain costs, make racing more affordable and give racers an equal opportunity to obtain tires used by competitors. "The decision to only allow DOT tires in all Pro classes was a long process, but it is what was needed to be done
Tire Business 07/10/2020 13:00
AKRON — Ultra-high-performance (UHP) tires make up about 22% to 23% of fitments on new U.S.-built vehicles, but most dealers contacted by Tire Business for this article said their sales of UHP tires are much smaller. "The market is so weird. Some days you sell three sets of high-performance tires, sometimes you go weeks. A majority of it is the lower end (Tier 3-4 brands)," said Daniel Greenberg, vice president of City Tire Co. Inc. a Springfield, Mass.-based dealership with nine locations in Connecticut, Massachusetts and New Hampshire. He estimated UHP tires make up less than 10% of the dealership's sales. Nationwide the percentage is closer to 21% or 22%, according to U.S. Tire Manufacturers Association data. "Normally with the high-perf.
Tire Business 07/10/2020 09:34
WEISSACH, Germany — German car maker Porsche A.G. has approved a specially developed "ev" version of the Hankook Ventus S1 evo 3 as an OE fitment on its electric Taycan sports car. The tire spec'd for the Taycan is a derivative of the Ventus S1 evo 3 launched that features tread design and compound changes that offer 13% lower rolling resistance, 30% greater durability and a measurable reduction in rolling noise, Hankook said. The Ventus S1 ev model is fitted OE on the Taycan 4S model in sizes 225/55R19 XL 103Y and 275/45R19 XL 108Y on the front and rear axles, respectively.
Tire Business 07/10/2020 09:34
WEISSACH, Germany — German car maker Porsche A.G. has approved a specially developed “ev” version of the Hankook Ventus S1 evo 3 as an OE fitment on its electric Taycan sports car and OK’d two additional Goodyear Eagle fitments on the same platform. German car maker Porsche A.G. has approved a specially developed "ev" version of the Hankook Ventus S1 evo 3 as an OE fitment on its electric Taycan sports car. The tire spec'd for the Taycan is a derivative of the Ventus S1 evo 3 launched that features tread design and compound changes that offer 13% lower rolling resistance, 30% greater durability and a measurable reduction in rolling noise, Hankook said. The Ventus S1 ev model is fitted OE on the Taycan 4S model in sizes 225/55R19 XL 103Y and.
Tire Business 07/09/2020 13:53
CLEVELAND — Dealer Tire L.L.C. has been named a Top Workplace in Northeast Ohio by a Cleveland newspaper for the fifth straight year. The Cleveland Plain Dealer honored the Cleveland-based dealership based solely on results of an associated survey, administered by an independent research firm. "I continue to be amazed at the positive attitude and team spirit of our associates," Scott Muller, partner and CEO of Dealer Tire, said.
Tire Business 07/09/2020 11:00
CUYAHOGA FALLS, Ohio — Maybe you've read the stories ... or seen the emails ... or noticed the advertisements in Tire Business and on tirebusiness.com. But maybe you still don't feel motivated enough to sign your business up to participate in the that is being conduct by TB and Best Companies Group (BCG), an independent research firm specializing in identifying and recognizing great places to work. Too much of a commitment, you might think. We've had enough disruption already this year, you might believe. Or it really wouldn't matter to the employees, the thought process might be. If that has been in your thought process, you might consider rethinking it, at least based on the experience of the winner of the inaugural Tire Business BPTW con.
Tire Business 07/09/2020 10:54
BOLOGNA, Italy — The organizer of Autopromotec, the biennial exhibition of automotive equipment and aftermarket products held in Bologna, has canceled the 2021 edition of the show and rescheduled it for late May 2022. The organizer, Anzola Emilia, Italy-based Promotec S.r.l., said it decided to reschedule the trade show, originally scheduled for May 26-29, 2021, because the "protection of people and companies that choose to be part of Autopromotec" is its "primary and essential" goal. The event, held biennially at the Fiera di Bologna in Bologna, will now take place May 25-28, 2022.
Tire Business 07/09/2020 09:35
PALM BEACH GARDENS, Fla. — TBC Corp. is adding a radial specialty tire trailer, the Vanguard, to its Power King Towmax line and backing it with "industry-leading" warranty coverage. The Vanguard — produced in Thailand by Svizz One Corp. — is available in eight sizes and 13 SKUs covering 13- to 16-inch rim diameters and C, D, E and F load-carrying capacities. The Vanguard is considered a premium complement to the existing Towmax SRT II in the Power King ST lineup, TBC said. Bill Dashiell, senior vice president of TBC Brands L.L.C.'s commercial tire division, said the is designed for use on a variety of towables, including fifth wheels, RVs, boats or utility trailers. The Towmax Vanguard's polyester body plies, steel belts and nylon overlays
Tire Business 07/09/2020 09:26
BERLIN — When German car maker Volkswagen A.G. launched its all-electric ID.3 passenger vehicle this week in Berlin, the event also marked the commercial debut of tires built with Bridgestone Corp.'s "ground-breaking" Enliten lightweight tire technology. Bridgestone said the ID.3 — a four-door, five-passenger long wheelbase hatchback with a modular electric drive layout — rolls on Enliten-based Turanza Eco tires engineered for the all-electric vehicle ID.3. The , unveiled last summer, enables tires to have a "super low" rolling resistance while using up to 20% less raw materials versus conventional tire construction. Bridgestone said it worked with VW during the development stage of the ID.3 to deliver tires that offer "a high level of perf.
Tire Business 07/09/2020 09:00
AKRON — The Tire Society is converting its 39th annual Tire Science & Technology Meeting to a virtual event and rescheduled it Sept. 28-Oct. 2, because of concerns about holding an in-person event during the COVID-19 pandemic. In addition, the Tire Society disclosed that Chris Helsel, senior vice president and chief technology officer for Goodyear, will be the keynote speaker for the event, scheduled originally for Sept. 9-10 in Fairlawn, Ohio.
Tire Business 07/08/2020 13:00
HUNTERSVILLE, N.C. — Delivering products to dealers has taken on another meaning for American Tire Distributors Inc. (ATD). The company, North America's largest tire distributor, has spent the last several years — especially over the last five months — inventing, refining and promoting a set of technological tools to help its customer network of independent dealers grow their business. And that has become increasingly important these days, according to Owen Schiano, chief operating officer, as the U.S. continues to grapple with the COVID-19 pandemic. In fact, Mr. Schiano credited two of these key tools — an app, called ATDMobile, and TireSeller, ATD's e-commerce solution shop — for supporting dealers as they navigate their shops during the
Tire Business 07/08/2020 11:00
Sometimes, if you're lucky, you meet someone who makes a profound impact on both your life and career. Former Tire Business Executive Editor Chuck Slaybaugh, , was that person for me. My dad, Ernie Zielasko, set us up. He and Chuck worked together at Modern Tire Dealer , where Dad was editor and publisher and Chuck was part of the editorial team. The two developed a close bond. Chuck considered my dad his mentor. Eventually Dad left MTD to cofound Rubber & Plastics News ( RPN ) and later sold the publication to Crain Communications Inc., where he stayed for 10 years. During that time, he started Tire Business for Crain along with several other publications.
Tire Business 07/08/2020 09:38
PALM BEACH GARDENS, Fla. — Interstate Batteries Inc. is joining forces with TBC Corp. to provide backing for TBC's "Aligned in Hope" fund-raising initiative that supports Ronald McDonald House Charities ( ). The Dallas-based battery marketing and distribution company will support Aligned in Hope with a donation of undisclosed value, the companies disclosed. Interstate — which has been a supply partner for TBC's retail businesses since 2013 — also is offering a $20 rebate off MT- and MTP-brand batteries purchased from a participating NTB Tire & Service Center or Tire Kingdom location from July 1 through Aug. 31.
Tire Business 07/08/2020 09:26
TOKYO — For Bridgestone Corp., 2020 will mark the beginning of the company's "third foundation," — or Bridgestone 3.0 — as the Tokyo-based company moves to strengthens its focus on "sustainable mobility and advanced solutions.". The launch of Bridgestone 3.0 brings with it a new corporate tag line as well: "Solutions for your journey.". The Japanese company, the world's largest tire and rubber products firm, unveiled its "mid-long term" business strategy, covering 2020-2050, on July 8 in Tokyo. The new vision calls for Bridgestone to become a leader in sustainable mobility and advanced solutions, while continuing to leverage the unique strengths and breadth of its core tire and rubber businesses. Prompted by the "deterioration of entire tire
Tire Business 07/07/2020 17:41
COLOMBO, Sri Lanka — Specialty tire maker Global Rubber Industries (Pvt.) Ltd. (GRI) has opened a National Rubber Collection center in the Monaragala district of Sri Lanka in order to support local rubber tree planters. The center, which is part of GRI's GREENX Circle initiative, will allow local farmers "to earn fair value for their hard work" in growing natural rubber. It opened June 25. In addition, the center serves as a meeting point for the rubber farmers who belong to the GREENX Circle to put on regular forums on related topics as well as offer training programs. "We are a company built on quality, authenticity and integrity," GRI CEO Dr. Mahesha Ranasoma said in a statement. "We will help the rural farming community to achieve their.

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