Four tire makers to raise prices
AKRON-Bridgestone/Firestone, Michelin North America Inc., Hankook Tire America Corp. and Yokohama Tire Corp. are all raising tire prices, effective Jan. 1, due in part to higher raw material costs.
Bridgestone/Firestone and Bridgestone/Firestone Canada are raising tire prices by up to 5 percent on Bridgestone, Firestone, Dayton and private and associate brand tires in the consumer, truck/bus, agricultural and off-the-road tire categories. The price hikes affect both the original equipment and replacement tire segments.
Michelin will hike prices by an average of 5 percent on Michelin and BFGoodrich brand commercial truck tires sold in the U.S. replacement market.
The increase will take effect Jan. 1 for Michelin directly billed fleet accounts and Feb. 1 for its replacement dealer network.
Hankook is raising prices on its full line of passenger, high performance, light truck and medium truck tires by a range of 2 to 4 percent.
Yokohama plans to increase prices 3 to 5 percent on its commercial tire lines, including light truck commercial, medium radial truck and off-the-road tires.
TIA appoints committee chairs
BOWIE, Md.-The Tire Industry Association's board of directors has named chairs of 10 committees and two advisory councils charged with pursuing the association's agendas in 2004.
The following board members have been named as a chair of a committee: Tom Wright of Wright Tire Service, finance; Larry Sehman of Sehman Tire Service and Dick Gust of Lakin General Corp., co-chairs for government affairs; Joseph ``Bud'' Mullaney of Mullaney Tire Service Inc., member recruitment & retention; John Adams, Big O Tires Inc., member services; Peggy Fisher of Fleet Tire Consulting, public relations; Dick Johnson of American Tire Distributors Inc., state association; Mark Whaley of Iowa Mold Tooling Co. Inc., strategic planning; Bob Malerba of Malerba's Tyre Man, training & education; and Tom Formanek of Stellar Industries Inc. and Terry Sparks of Sparks Commercial Tire Inc., World Tire Expo.
The following board members were named chairs of the two advisory councils: Mike Berra Jr. of Community Tire Retreading, Retreaders Council; and Mr. Gust, Tire & Rubber Recycling Advisory Council.
Man sentenced in tire shop murder
WOODBURY, N.J.-A 20-year-old man who pled guilty to murdering a tire shop employee has been sentenced to 35 years in state prison and will not be eligible for parole for 30 years, according to the local prosecutor's office.
Aaron T. Sheppard was sentenced Nov. 21 for the July 9 murder of Joseph J. Green, 52, at Romar Tire Co. in Woodbury. Mr. Green had permission to sleep at the tire shop, and Mr. Sheppard apparently discovered him when he broke into the shop in the early morning hours of July 9. Authorities said Mr. Sheppard bludgeoned Mr. Green repeatedly on the head. He was arrested later that day and pled guilty to the charges in October as part of a plea arrangement.
AAIW attendance up 21 percent
LAS VEGAS-Attendance grew 21 percent at this year's Automotive Aftermarket Industry Week (AAIW) trade shows in Las Vegas, with 105,113 patrons touring the two events.
AAIW, held Nov. 4-7, included both the Specialty Equipment Market Association/International Tire Expo and the Automotive Aftermarket Products Expo (AAPEX). Officials said attendance figures could not be separated between the two shows, but a more detailed analysis of attendees will be finished in about a month. Of the attendance figures, 51,391 people were registered buyers, an increase of 29 percent or 11,512 buyers.