Tire Business - Tire Industry News, Manufacturing News & Analysis
Brembo sells its Pirelli shares. Italian braking system supplier Brembo S.p.A. has sold its 5.6% ownership stake in Pirelli & C. S.p.A., raising around $315 million from the transaction. Executives.
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About Us. Share. More. Founded in 1983, Tire Business is an award-winning newspaper written for independent tire dealers and others in the tire and automotive service industries and automotive aftermarket. Tire Business is 1 year of print delivery with news updated daily online. Its in-depth news stories, engaging features and relevant special ...
Michelin, Bridgestone, Goodyear top global tire makers
Sep 1, 2022 · AKRON — Group Michelin topped the 37th annual Tire Business Global Tire Report ranking of worldwide tire sales for a third year in a row with an estimated global tire-manufacturing revenue of $26.3 billion. The Top 5 tire manufacturers did not change in 2021 with Bridgestone Corp. close behind Michelin, followed by Goodyear, …
U.S. AutoForce shakes up wholesale tire industry
Mar 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 ...
Data shapes annual Global Tire Report
Sep 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.
Global Tire Report: Michelin takes over No. 1 spot in rankings
Aug 31, 2020 · This article appears in the Aug. 31 print edition of Tire Business, as part of the annual Global Tire Report. Tire Business calculates Michelin's tire manufacturing-related revenue in 2019 at $25 billion, sufficient to edge past Bridgestone, which is a solid No. 2 at $24.3 billion. For the annual Top 75 Ranking, Tire Business rates the tire ...
Wholesaler TireHub on 'dynamic trajectory' for future
Jul 21, 2022 · TireHub, a tire distribution joint-venture between Bridgestone Americas Inc. and Goodyear, has plans to increase its footprint and deliveries in both current and new markets, according to TireHub CEO Ted Becker.The tire wholesaler's adaptability has put it on a "dynamic trajectory," and it is poised to grow, Becker told Tire Business for its annual Mid-Year Report.
Steve Shannon Tire opens first retread plant
Dec 30, 2021 · BLOOMSBURG, Pa. — Steven Shannon Tire & Auto Centers has ventured into retreading to support its growing truck-tire business and is working exclusively with Pre-Q Galgo Corp. as its tread rubber supplier. The dealership built a 9,000-sq.-ft. facility near its Bloomsburg headquarters to house the retread production.
Michelin, Bridgestone, Goodyear top tire makers again - Tire …
Aug 25, 2023 · The first change comes at No. 12, occupied this year by China's Sailun Group Co. Ltd., based on fiscal 2022 revenue of $3.29 billion. Group Michelin retained the No. 1 ranking with tire-related revenue of $28.3 billion, comfortably ahead of No. 2 Bridgestone's estimated tire-centric total of $26.6 billion. Goodyear — with a full year of ...
Turbo Wholesale acquires Tire Wholesalers Inc. | Tire Business
Jun 16, 2023 · IRWINDALE, Calif. — The wave of consolidation among wholesalers continues to build. Turbo Wholesale Tires and Tire Wholesalers Inc. (TWI), two venerable wholesale businesses with decades of experience and extensive customer bases, have combined their operations under a common management structure designed to support additional growth.. Turbo Wholesale Tires, under the control of private ...