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TPMS Cadillac XT5 – 2022

SRNA promotes Montasser

Sumitomo Rubber North America Inc. (SRNA) has promoted Rob Montasser to vice president of replacement sales. Montasser joined SRNA in 2016 as director of sales for Dunlop motorcycle.

Yokohama promotes Niknam

Yokohama Tire Corp. has promoted Fardad Niknam to vice president of original equipment sales. Niknam will oversee Yokohama’s original equipment tire sales in the U.S. He joined the company in 2014.

Touchette taps Mougios

Groupe Touchette Inc. has named former Michelin Canada executive Tony Mougios as its vice president of strategic affairs and growth. A 30-year tire industry veteran, Mougios previously served as Michelin Canada’s director.

Trelleborg deal on the way

Yokohama Rubber Co. Ltd.’s acquisition of Trelleborg Wheel Systems’ outstanding shares will be completed during the first half of 2023. The deal, which was supposed to have closed during the second half of 2022, was announced last March.

ZC Rubber eyes off-highway

Zhongce Rubber Group Co. Ltd. (ZC Rubber) wants to be one of the three largest players in the off-highway tire business. In 2022, Zhognce enjoyed a record year in its OTR tire business. The company offers more than 2,000 off-highway tire SKUs.

Prinx unveils Fortune site

Prinx Chengshan Tire North America Inc. has launched a new website, www.fortunetireusa.com, that highlights its Fortune brand and products “and showcases Fortune Tires’ commitment to quality and safety,” according to Prinx officials.

TBC updates site

TBC Corp. has unveiled a new website that offers streamlined navigation, improved user functionality, a comprehensive view of TBC and its portfolio and more.

Pirelli gains EV fitment

BMW has picked the Pirelli P Zero Elect to be original equipment on the i4 M50, a fully electric, high performance car.

Sun Auto Tire acquires Tire Outlet chain in Florida

Sun Auto Tire & Service Inc. has acquired Jacksonville, Fla.based Tire Outlet, an independent tire dealership with 14 outlets throughout northern Florida.

The deal gives Sun Auto Tire & Service more than 380 locations throughout 17 states.

“Team Tire Outlet is excited to become a valued member of the Sun Auto Tire & Service family and we are looking forward to continuing our growth and creating opportunities for the future,” said Tire Outlet Marketing Director Rob Duckworth.

Tire Outlet has 14 locations throughout northern Florida.

Tucson, Ariz.-based Sun Auto Tire & Service acquired five other dealerships during 2022. They include Toscalito Tire & Automotive, TGK Automotive Specialists, Superior Tire, Good Neighbor Tire & Auto Service and Coopers Auto Repair Specialists.

Tire Outlet was the 77th largest independent tire dealership in the United States, according to the 2022 MTD 100.

McCarthy Tire Service picks up Truck Fleet Repair

McCarthy Tire Service Co. Inc., which is based in Wilkes-Barre, Pa., has acquired Truck Fleet Repair, a single-location commercial fleet maintenance and repair provider in Norfolk, Va.

The acquisition “enables us to extend comprehensive mechanical services to our current customers, while providing over 200 Truck Fleet Repair customers with comprehensive tire solutions, from full tire processing management to retreading,” says John McCarthy Jr., president of McCarthy Tire Service.

In business since 1980, Truck Fleet Repair was owned by Nancy Millstein. Terms of the deal were not disclosed.

Leeds West promotes Wessels to CEO

Derek Wessels is the new chief operating officer and president of Leeds West Groups’ (LWG) automotive business. Judd Shader, the company’s founder and CEO, has become its executive chairman.

Wessels will run the day-to-day business and operations of LWG, which includes 123 automotive retail locations in 18 states. The company says Wessels has “worked closely with Shader over the last three years.”

Wessels has more than 20 years of automotive retail management experience, including as a senior management leader for the Firestone Complete Auto Care business.

In his new role, Shader will focus on the growth and expansion of LWG from a global perspective across all of its investment platforms.