Goodyear closing Venezuelan tire factory
AKRON — Goodyear's Venezuelan subsidiary, CA Goodyear de Venezuela, is ceasing production at its 62-year-old factory in Valencia, citing economic conditions and the negative effects of U.S. sanctions on Venezuela.
Linglong exec highlights need for partnerships at Turin summit
TURIN, Italy — Linglong Group Chairman and President Wang Feng told a group of suppliers and distributors recently Linglong sees the need for greater cooperation and partnerships to address the "severe global political and economic situation"...
Beth Barron to succeed Charley Gowland as Chabill's Tire CEO
MORGAN CITY, La. — Chabill's Tire & Auto Service has named Elizabeth Gowland Barron to succeed her father, Charley Gowland, who is retiring as CEO of the Morgan City-based dealership 50 years after he helped found it.
Kumho Q3 operating income, sales down double digits
SEOUL, South Korea — Kumho Tire Co. Inc. suffered a 69.3-percent drop in pre-tax operating profit for the quarter ended Sept. 30 on 16-percent lower sales.
Wade Kawasaki-led investment group completes Coker Group purchase
NEW YORK — The investment group comprising Irving Place Capital (IPC), Coker President and CEO Wade Kawasaki and Coker Group leadership has completed the acquisition of vintage tire and wheel supplier Coker Group.
U.S. gains 155,000 jobs in November; unemployment rate steady at 3.7%
WASHINGTON — Nonfarm payroll employment increased by 155,000 jobs in November, according to the latest figures from the Bureau of Labor Statistics (BLS).
Brisa starts 'smart' tire factory in central Turkey
AKSARAY, Turkey — Turkish tire maker Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. has started production at a $300 million "smart" factory in Askaray, central Turkey.
Titan offering tire rebate with purchase of new Ram truck
LOS ANGELES — Titan International Inc. is partnering with Fiat Chrysler Automobiles in offering a $2,500 rebate on any Titan- or Goodyear-brand farm tire with the purchase of a new Ram truck from a Ram-certified agriculture dealership.
Advanced Lighting Systems releases videos on LED work lights
BARBERTON, Ohio — JohnDow Industries Inc.'s Advanced Lighting Systems (ALS) has released four product videos demonstrating the features of its line of LED work lights.
Tuffy franchises in Florida operating under new owners
TOLEDO, Ohio — Three Tuffy Tire & Auto Service locations in Florida — including one that had been idle for more than two years — are operating under new management.
Hankook restructuring to support digital transformation
SEOUL, South Korea — Hankook Tire Co. Inc. is revamping its global corporate structure to enhance competitiveness, a process that will include efforts to accelerate the company's digital transformation.
Michelin acquires online travel agency Tablet
BOULOGNE-BILLANCOURT, France — Group Michelin has acquired Tablet Inc., the online travel agency that specializes in offering "unforgettable and original experiences" at boutique and luxury hotels.
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