Bruce Davis

This will be a transition year for Hankook Tire in terms of its motorsports engagement, as it enters its first year as the exclusive tire supplier of the FIA's World Rally Championship and its final year as the tire partner for the Formula E Championship.

Michelin Group is selling its Camso brand and a package of off-road tire-manufacturing assets in Sri Lanka to India's CEAT Ltd. for roughly $225 million.

Even as Sumitomo Rubber Industries moves to close its only U.S. tire factory, executives continue to be sold on the need for a manufacturing presence in North America.

Conti’s Hoosier Racing Tire business unit took top honors in the tire category for its TrackAttack Pro at the 2024 SEMA Show Best New Products Awards.

According to data collected and analyzed annually by Tire Business, the 100 largest dealerships (actually 105 due to ties) in North America operate over 10,250 points of sale among them.

In the year and a half since Turbo Wholesale Tires took on a private-equity investment partner, it has executed a series of strategic moves to help differentiate itself and its proprietary brands in an otherwise crowded field of suppliers.

<p>Michelin Group and Sumitomo Corp. of the Americas netted $174 million and $107 million, respectively, from the sale of TBC Corp.’s retail assets in May 2023.</p>

<p>Michelin, which up until a few years ago was focused almost exclusively on tires, anticipates making up to 20% of its annual revenue from non-tire manufacturing-related activities by 2030.</p>

<p>Southern Tire Mart retained its No. 1 position atop both the commercial tire dealer and retreader rankings, while the next few slots were jumbled in large part due to acquisitions.</p>

<p>Reinalt-Thomas Corp. has merged the activities of its Discount Tire Direct online business with those of its Tire Rack subsidiary.</p>