Chinese company will own 26.2% share in Pirelli
March 23, 2015

Pirelli sells stake to Chinese company
Pirelli & Cie SpA’s main shareholder, Camfin, has announced a partnership agreement with China National Chemical Corp. (ChemChina). When the deal is complete, ChemChina will own a 26.2% share in Pirelli.

Linglong hires Hagan away from Kumho
Less than two years after joining Kumho Tire U.S.A. Inc. as national sales vice president, John Hagan has joined Linglong Americas Inc. as chief operating officer. He will be based out of Medina, Ohio.

TIA: Learn to manage risk at free seminar
The Tire Industry Association’s (TIA) preferred provider of business and workers’ compensation insurance is hosting a risk management seminar targeted for tire dealers May 18-20, 2015, in Owatonna, Minn.

Michelin tire will 'Premier' during March Madness
Phase two of the Michelin Premier tire launch is coinciding with March Madness. Its theme? Prolonged safety.

General brand marks ‘100 Years of Reliability’
The General tire brand traces its origins to 1915 in Akron, Ohio, and business partners William O’Neill and Winfred Fouse. As part of the brand’s centennial celebration, Continental Tire the Americas LLC is launching the next generation of General truck tires at the Mid-America Trucking Show (booth no. 18252) in Louisville, Ky.

Network adds two members
The Automotive Distribution Network (Network) has added two Auto Pride members: Zip Corvette of Mechanicsville, Va., and PDQ Auto Supply of Manville, N.J.

Hankook: Seven tires in 2015 Great Catch rebate
Hankook Tire Corp. is offering savings on seven passenger and light truck tires in its 2015 Great Catch mail-in consumer rebate promotion, which begins April 1.

Nitto begins tournament and video series
The deadline to enter Nitto Tire U.S.A. Inc.’s “Battle of the Streets” tournament is March 25, 2015. The top prize is a trip to Las Vegas to drive supercars with Exotics Racing.

Camoplast Solideal to showcase tires at ProMat
Camoplast Solideal Inc. says its products cover 98% of forklift applications. The company will showcase its specialized material handling tires at the 2015 ProMat Show March 23-26 in Chicago.

Yokohama partners with KaBOOM! kids charity
Yokohama Tire Corp. YTC) has inked a three-year multichannel partnership with KaBOOM! to include cause marketing campaigns, playground builds and annual title sponsorships.

Super-single tread available from Pre-Q Galgo
Pre-Q Galgo has developed a super-wide tread design for super-single trailer tires.

Lori’s Listening

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Competing against your supplier
Goodyear Tire & Rubber Co. recently announced it was going to sell tires online from its website. There is no question in my mind other tire manufacturers will follow suit within the next 24 months.

Mounting and balancing UHP tires
It’s quiet these days inside County Tire Center Inc. in Middlebury, Vt. The semiannual winter tire switch is over. But on those busy fall and spring days when this 10-bay shop is changing tires on 60 to 80 cars a day, owner Steve Dupoise and his nine full-time technicians are working to make every minute count. Technology advancements on both cars and tires don’t always make that easy.

Investor partners with the Raben family to grow Raben Tire
Thirteen years after Tom Raben was named Modern Tire Dealer’s Tire Dealer of the Year, the Raben family has sold an equity interest in Raben Tire Co. Inc. The buyer is a fund affiliated with Palladium Equity Partners LLC of New York City, a middle market private equity firm with a specialized focus on family-owned businesses.

An abridged look at ATD by the numbers
Although American Tire Distributors Holdings Inc. lost money (at least on paper) in 2014, it increased its sales by more than 30%, to $5 billion.

The best UHP all-season tire EVER is…?
I am often asked this loaded question: "What is the best tire?" My answer is always the same: There are a lot of great tires out there, and I don't use the term "great" loosely.

Gowland vs. Goodyear: A dealer speaks out about suppliers selling online
Since announcing its intention to sell tires online, Goodyear Tire & Rubber Co. says the response from its dealers has been "overwhelmingly positive."

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