MTD - Hot Wire Tuesday Edition
February 21, 2017
News & Articles
 
Point S Rebranding Exceeds Expectations in the U.S., and Points to More Growth

Tire Factory Inc. members have rebranded the vast majority of their 206 stores to the Point S banner at a breakneck pace. And leaders of the Oregon-based cooperative are unveiling new programs with two big hopes: the momentum of current members continues, and more independent tire dealers join their network.

OTR Conference: Alliance’s Besancon Predicts Big Opportunities in Small OTR Tires

Off-the-road (OTR) tire dealers who are focusing their business mainly on large mining tires may be missing opportunities in the small OTR tire segments, Bruce Besancon told dealers at the Tire Industry Association (TIA) OTR Conference in Oahu last week.

Prices on Pirelli and Formula TBR Tires Will Go Up

TP Commercial Solutions LLC has announced it will raise pricing on all Pirelli and Formula brand truck, bus, ag/farm and OTR tires sold in the U.S.

Cooper Enjoys a Full-Year Income-to-Sales Ratio of 8.5%

Cooper Tire & Rubber Co. posted net income of $69.3 million on net sales of $783.9 million for its fourth quarter ended Dec. 31, 2016. That compares to income of $59.2 million on sales of $775.5 million for the same period in 2015.

Toyo’s Net Tire Sales Drop 6.7% in 2016

Toyo Tire & Rubber Co. Ltd. reported a net loss of 12.3 billion yen on net sales of 381.6 billion yen for its fiscal year ended Dec. 31, 2016. That compares to net income of 1.6 billion yen on net sales of 407.8 billion yen for fiscal 2015.

ATV Opens 6 American Tire Depot Stores

ATV Inc. has acquired six stores in the greater Los Angeles metro area. The purchase expands ATV's network of American Tire Depot stores to 98 outlets, all in California.

McCarthy Tire's New Corporate Attorney Is a Fourth-Generation McCarthy

Colleen Horn Doyle, a fourth-generation member of the McCarthy family, is the new corporate attorney for McCarthy Tire Service Inc.

Yokohama Will Unveil OTR Radial All-Weather Tire at ConExpo

Yokohama Tire Corp. will introduce an off-the-road (OTR) radial all-weather tire at ConExpo in Las Vegas, March 7-11, 2017.  The new The MYX S01 will be displayed in booth #C22231.

Bosch Expands Five Product Lines

Robert Bosch LLC has added 38 part numbers to its aftermarket product lines. Additions were made to the injector, braking, rotating machine, steering, and oxygen sensor product lines.

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