Despite all of the marketplace challenges, commercial tire dealers and retreaders are very optimistic about the future, as am I.
From Tire Review
By Patti Renner
On April 16, Bridgestone Americas Inc. and Goodyear Tire & Rubber Co. announced the birth of TireHub, a new 50/50 joint venture intended to consolidate both tiremakers’ U.S. distribution channels into a single organization focused on providing replacement tires for passenger and light truck vehicles to tire dealers and retailers across the country.
In the wake of the announcement of the deal between Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. to combine both tiremakers’ company-owned distribution networks into a new entity called TireHub, Tire Review sat down with TJ Higgins, president of Bridgestone’s North America Integrated Consumer Tire Group, to find out more about the joint venture, its impact on the replacement tire landscape and what tire dealers can expect.
NEW YORK, April 17, 2018 /PRNewswire/ — Market Synopsis of Tubeless Tire Market: Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire….
WASHINGTON — The U.S. Tire Manufacturers Assocations has honored six of its member companies with 20 Safety and Health Improvement Program awards.
Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.
Over the last year or so it has been broadly noted that the SUV/4×4 sector of the tyre market has been impressively resilient. Not just from the relatively local impact of the UK’s Brexit vote and resulting inflation and slump in certain motor vehicle sectors (in the UK at least). The tyre industry’s also been faced with escalating raw materials costs at a global level.
In the USA, Bridgestone and Firestone-branded tyres have been specified as original equipment for the 2019 Jeep Cherokee, Bridgestone Americas has announced.
The Bridgestone Dueler H/L Alenza Plus tyre will be supplied as standard equipment on 2019 Jeep Cherokee Overland models in size 235/50 R19.
NASHVILLE, Tenn., Feb. 19, 2018 /PRNewswire/ — Bridgestone Americas (Bridgestone) and NRGene, a genomic big data solutions company, are collaborating on research efforts to enhance the company’s U.S. alternative domestic natural rubber breeding program. They will be working in tandem to…
Bridgestone Americas (Bridgestone) and Versalis are forming a strategic partnership to develop and deploy “a comprehensive technology package to commercialize guayule in the agricultural, sustainable-rubber and renewable-chemical sectors.”