NEW YORK — Despite a unit sales decline of 3.1 percent last year, light truck (LT) tires led a sluggish U.S. consumer tire market in 2017 vs. 2016, according to the latest data issued by analytics firm GfK Group.
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.
Continental Ag celebrated the production of its 10 millionth tire at its tire plant in Kaluga, Russia this month, just five years after the start of production.
“The Greenfield Tire Plant Kaluga is now a mature plant and a success story for us…,” said Nikolai Setzer, member of the executive board of Continental and head of its tire division.
WASHINGTON—The National Highway Traffic Safety Administration has granted Sumitomo Rubber Industries Ltd.’s petition for a decision of inconsequential noncompliance in the case of 5,408 Falken truck tires
Rubber material development teams at Toyo Tire & Rubber (Toyo Tires) have been working on the company’s ‘Nano Balance Technology’ since 2011, and have now developed a new process development technology that improves fuel efficiency in truck and bus tyres.
Alliance Tire Group has introduced new sizes of agricultural tires to its Agriflex line, including one size that’s almost seven feet tall.
James Crouch, national product manager for Alliance’s agricultural division, said the new sizes include the Agriflex 372 IF 1250/50R32 and the Agriflex 372 IF 1050/50R32. Both tires feature technology that allows the tire to have lower air pressure, carry more load and minimize soil compaction.
The Mid-America Trucking Show (MATS) kicks off March 22 at the Kentucky Exposition Center in Louisville where Sailun and Sumitomo products, including the brand’s SmartWay Verified tires, will be on display.
TBC Brands, one of the largest distributors of private brand tires in North America, said that attendees will have a chance to win a choice of premium Sumitomo or Sailun steer, drive or trailer tires through the Commercial Truck Tire Giveaway by registering at the Sumitomo and Sailun booth (#14200).
“We are excited to, once again, participate at MATS and have the opportunity to highlight and unveil even …
The U.S. Department of Commerce has lowered anti-dumping duties on select passenger and light truck tires imported from Chinese companies.
After a review of the 2015 rates, the commerce department found that Giti Tire Global Trading Pte. Ltd. and its entities as well as Qingdao Sentury Tire sold passenger and light truck tires in the U.S. at prices below their normal value from Jan. 27, 2015 to Jan. 31, 2016.