The question was top of mind during the early days of COVID-19: would tire dealerships be classified as essential businesses or not?
While some waited for an answer, Tire Discounters saw an opportunity to educate government officials in its home state of Ohio, including Governor Mike DeWine, who would impose strict stay-at-home orders on March 23.
Working with the Ohio Council of Retail Merchants and the Ohio Tire & Automotive Association, Tire Discounters President and CEO Jamie Ward helped mount a campaign to convince DeWine that tire dealerships and auto service facilities were critical to keeping frontline workers mobile during the pandemic. “My daughter is a nurse,” says Ward. “And it hit home pretty clearly that she needed to get to work.”
Ward and other association members “immediately began talking about how to ensure that our businesses were categorized as essential. We were really concerned that the tire and auto
OAKVILLE, Ontario — Just under a third of Ontario residents understand their tires are recycled, according to a new survey.
The survey, conducted by eTracks Tire Management Systems, shows that just 37% of those asked understood tire recycling and 49% were not sure if tires were recycled or thrown away.
A total of 14% of Ontarians mistakenly believe tires are not recycled, and just 32% understand they are recycled.
“Regardless of some of these knowledge gaps and myths, it’s encouraging to know Ontarians want to help the environment,” CEO Steve Meldrum of eTracks Tire Management Systems said in a statement.
“And while the survey shows that knowledge of the tire recycling industry is mixed, there’s an opportunity to use these results as a tool to change perceptions and help eliminate misinformation.”
More than half of those surveyed, 55%, do not realize there is a tire recycling fee of approximately $4
This has been a big year for fast electric Fords. The Blue Oval took its electric Mustang to the drag strip, RTR developed an insane Mustang Mach-E track and stunt car, and an electric Ford Fiesta ST rallycross car, called the Fiesta ERX, will be competing in the FIA World Rallycross Project E series. The last of those was recently given a round of laps and some hoonage by fast Ford driver Ken Block.
Naturally, Block’s crew came along to record the fun, and the car looks like a blast. You can see it all in the video above. The little hatchback sounds like an enormous R/C car, and it seriously moves. Of course, it ought to, considering that it has three electric motors – one in the front, two in the rear – making 603 horsepower. According to the video, it can go from 0 to 60 mph in
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has NIO (NIO) been one of those stocks this year? Let’s take a closer look at the stock’s year-to-date performance to find out.
NIO is one of 90 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. NIO is currently sporting a Zacks Rank of
Buying tires for a vehicle can be
tricky business. Between treadwear ratings, speed ratings, temperature
recommendations and sizes, it’s hard to determine which tire is best-suited for
a particular vehicle and geographical region.
Up until the late 1970s, drivers in many parts of the world were faced with the burden of swapping out tires when the weather turned cold. In 1977, to ease the inconvenience of switching between summer and snow tires, the Goodyear Tire & Rubber Company released the first all-season tire.
All-season meant that the tires were good for use in most places for most of the year. It did not mean that a driver can have the tires installed and forget about it. Though most new vehicles today come with some variation of the factory-installed all-season tire, there are still situations that can seriously challenge all-season tires and push them beyond their limits.
McCarthy Tire Service Co. Inc. plans to close its second-oldest location. The company will move its retail operations in Kingston, Pa., to its existing retail location in Wilkes-Barre, Pa.
The company has it has weathered many serious challenges in the 94 years since it was founded, “and 2020 ranks as one of the most difficult.” In a press release the company says “the McCarthy family has been committed to maintaining a strong, robust company that can fulfill its responsibilities to its associates and their families, provide top-notch service to its customers, and support the communities where it operates.
“The recent economic environment has been unprecedented. The McCarthy family has constantly monitored every one of its more than 60 locations, moving resources and making adjustments as necessary. In common with many local businesses, the smaller stores have struggled the most with diminished revenues and labor shortages. The Kingston store was particularly
All team members from former McCarthy Tire shop retained; Williams looking to hire 10 to 15 more
Jack Williams Tire Company has expanded its footprint to include a second location in downtown Scranton.
The new Jack WilliamsTire & Auto Service Center is located at 119 Linden St., Scranton, a former McCarthy Tire retail service location, the company announced last week.
It marks the 37th retail location for Jack Williams, a family-owned and operated company that has has grown from a single store Jack Williams Sr. established in Kingston in 1929.
“We are pleased to expand our coverage in the Scranton area and continue serving the customers of the former McCarthy Tire retail location,” Jack Williams Chairman Bill Williams said. “It was our honor to complete thistransaction with McCarthy Tire as both of our companies and families are committed to serving our customers, communities and associates.”
All existing team members from
Name: Chip Wood
Education: High school: Mariemont (Ohio); College: BSBA (University of Cincinnati)
Family: Carla, wife; Steven, Anna and Evan, children; Chris, brother; Janet, sister (Steven, Anna, Evan, Chris and Janet all work at Tire Discounters)
When you were in elementary school, what did you want to be when you grew up? When I was younger, before Tire Discounters was planned. I wanted to open either a pizza shop or a tire shop.
Who had the most profound influence on you when you were young? My father. He told me all during my childhood, from the earliest age I could remember, that I was going to work for myself in a business that I started and operated. I never considered anything else.
When did you first say, “I want to be a tire dealer?” At 15 years old. My Uncle Chuck owned a tire store in Akron, Ohio.
In Berlin on Sept. 16, Daimler Truck AG presented the first look at its Mercedes-Benz GenH2 Truck, a long-haul Class 8 fuel cell electric truck that begins customer testing in 2023 with series production to begin sometime after 2024.
“Our fuel cell is ready,” confirmed Martin Daum, Daimler Truck chairman during the presentation. Daimler AG has been working on the technology, which converts liquid hydrogen to electrical energy, since the late 1990s.
“Depending on the terrain, depending on the form on which the hydrogen is stored, depending on the size of tank, it has a range of 1,000 km (621 miles) and more,” said Daum. “This means it fulfills all requirements in today’s long-haul transport. It’s as performant as our customers expect.”
The cabover style truck will have a 40-ton gross vehicle weight rating and 25-ton payload capacity. The truck will have two 40-kg stainless steel storage tanks for the