Does Wal-Mart like tires?

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May 16, 2013

Welcome to the latest edition of MTD Hotwire. Today, find out what Wal-Mart says about tires in its annual report, Entire Displays will take care of your showroom, Kumho has a net gain and Yokohama BluEarth gets another OE contract.

The next edition of HotWire will be out Monday. Meanwhile, check out the latest news on www.moderntiredealer.com.

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Wal-Mart gives tires the brush-off

Wal-Mart Stores Inc. posted $17 billion in net income from Feb. 1, 2012, to Jan. 31, 2013, its most recent fiscal year. Its income-to-sales ratio was 3.6% -- very respectable for a mass merchandiser.

Entire Displays takes care of your showroom

The new website for Entire Displays, a division of Tire Consultants Group LLC (TCG), is live.

Kumho jumps from net loss to net gain

Kumho Tire Co. Ltd. posted net income of 130.6 billion won on net sales of more than 4 trillion won for its fiscal 2012 ended Dec. 31, 2012. That compares to a net loss of 26.8 billion won on sales of 3.9 trillion won for fiscal 2011.

Yokohama BluEarth earns another OE contract

The Yokohama BluEarth E51 is original equipment on the latest models in the Lexus IS sports sedan series. The tire size for the new models is 225/45R17 91W.

Bridgestone breaks ground for Biorubber Center

Bridgestone Americas Inc. (BSA) has broken ground for its Biorubber Process Research Center, a research and development project in Mesa, Ariz., to investigate the use of the Guayule plant as an alternative natural rubber source.

TIA’s Littlefield to speak at Autopromotec

The Tire Industry Association (TIA) announced that Executive Vice President Roy Littlefield will be a featured speaker at Autopromotec 2013, the bi-annual international automotive aftermarket trade show in Bologna, Italy, May 22-26.

TRIB plans video on green benefits

The Tire Retread & Repair Information Bureau (TRIB) and the American Commercial Tire Network (ACTN) have announced plans to develop a video that highlights the environmental benefits of tire retreading.

Pirelli names Gravalos CEO in Mexico

Pirelli Tire North America Inc. has appointed Tom Gravalos CEO of Pirelli Neumáticos de México, S.A. de C.V.

Conti taps LA-based Y Tire for ContiLifeCycle

Continental Tire the Americas LLC announced that Y Tire Sales Inc. of Los Angeles is the newest licensee to sell ContiTread retreads in the U.S.

TIA: Go green with best management practices

The Tire Industry Association (TIA) has issued five best management practices for the environment. The documents are available for download free of charge on TIA’s website www.tireindustry.org.

Attending Autopromotec? There’s an app for that

In order to improve the exhibition experience, the organizers of Autopromotec 2013 have designed an App for smartphones and tablets, which can be downloaded free from the Apple App Store and Google Play Store by entering Autopromotec in the search field.

New website for Petlas Tire Industry

Petlas Tire Industry has announced the launch of its newly redesigned, customer-focused website, www.petlas.com.

Should Texas dealerships get to pay less taxes?

The Texas Franchise Tax legislation was included in Substitute House Bill 500, which recently passed the Texas State House.

Monroe launches 'Real Rewards' promotion

Tenneco Inc. is rewarding counter professionals with a $10 Visa prepaid card for each pair of qualifying Monroe Quick-Strut replacement assemblies sold during the Monroe “Real Rewards” promotion between May and June 30, 2013.

Kramer and Vaczi move up in the Apollo world

Michiel Kramer is the new manager of marketing communications and product management at Apollo Vredestein B.V. He replaces Bandi Vaczi, who was promoted to head of global marketing communications for Apollo Tyres Ltd.









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American Tire Distributors: National impact

This year, American Tire Distributors Inc. (ATD) chose to hold 21 different regional meetings for its Tire Pros dealers instead of hosting one main event, as it did in 2012. If the idea behind doing this type of meeting was to create a highly personalized discussion with its dealers, then it worked.


Nitto NT90W: Ready for next winter

Nitto Tire U.S.A. Inc. is known for thinking and doing things “outside the box.” So when the company wanted to introduce a new tire to its line-up, it chose to use the beautiful Miller Motorsports Park just outside Salt Lake City, Utah, to showcase it.


Tire Factory: Dealer owned and operated

Northwest Tire Factory LLC is truly built from the bottom up in the western United States. The 154 independent dealers who make up the would-be cooperative run the show, and CEO John Kreidel — a non-dealer — wouldn’t have it any other way.



Does Walmart care about tire sales? How would you know?

How important are Tire and Lube Express outlets to Wal-Mart Stores Inc.? Not very, if the company's annual report has anything to say -- or not say -- about it.


In step with: Goodyear's Rich Kramer

Rich Kramer has been CEO and president of Goodyear Tire & Rubber Co. for 12 quarters. He has been chairman for 10. Here is his profitability report card by the numbers.


Gun control: a hot and heated topic

Sometimes it seems like you can't rationally discuss gun control with anyone. It joins religion and politics as a taboo topic because it brings out the hate in people.



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