MTD - Hot Wire Thursday Edition
January 19, 2017
News & Articles
And the Most Popular Tire Sizes in the U.S. in 2016 Were...

High-value-added passenger tires is the buzz phrase in the tire industry right now. Also known as HVA tires, they are defined by some companies as tires 17 inches and above in size, by others 18 inches and above. Either way, they are trending upward.

Trends Show Which Brand is No. 1 Among the Top Dealers

Every year, Modern Tire Dealer breaks down "the year that was" in its January Facts Issue. It is the first publication with an in-depth report on the previous year's performance.

TGI Expands Into Central Florida

Tire Group International LLC (TGI) has expanded its wholesale tire business into Central Florida, and appointed Sean Denny as the territory manager.

Smithers Updates Tire Tread Wear Testing

The Smithers Group has upgraded its tread wear testing capabilities at its primary Tire and Wheel Test Center in Ravenna, Ohio.

Bridgestone Expands Its Retail Footprint in France With Acquisition

The European subsidiary of Bridgestone Corp. is acquiring a chain of 104 stores in France.

NCTDA to Honor Dealers at 2017 Expo

The North Carolina Tire Dealers Association (NCTDA) will honor its 2017 Dealer of the Year and induct two new members into its Hall of Fame.

BKT Is Named Port Tire Manufacturer of the Year

Balkrishna Industries Ltd. (BKT) received a port tire manufacturer of the year award for port and terminal cargo handling equipment at the Terminal Operator Excellence Awards 2016 in Dubai, UAE.

Titan Converts $58.4 Million Worth of Notes into Shares of Stock

On Monday, Jan. 15, 2017, Titan International Inc.'s 5.625% convertible senior subordinated notes matured. Two days later, 97.1% of the principal balance of the notes was converted into shares of Titan common stock.

Lexus Picks Bridgestone Run-Flat Tire as OE on 2017 LS Model

The 2017 Lexus LS sedan features the Turanza T005 run-flat tire by Bridgestone Corp. as original equipment.

Goodyear Declares 21st Straight Dividend

Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 10 cents per share of common stock. The dividend is payable March 1, 2017, to shareholders of record on Feb. 1, 2017.

TIA Sets Dates for ATS Classes in Charlotte and Baltimore

The Tire Industry Association (TIA) has finalized dates for two more of its Automotive Tire Service (ATS) Advanced Instructor classes in 2017.

Kansas Tire Dealer Wins Jeep From Friend Tire and Yokohama

Mark Peak of Peak Auto Service Inc. in Girard, Kan., won the grand prize in a recent Jeep Rubicon Sweepstakes from Friend Tire Co., a wholesaler in Monett, Mo. that's a wholly owned subsidiary of the Yokohama Rubber Corp.

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