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Will summer be recovery season in tire industry? - Vimarsana News

Will summer be recovery season in tire industry?

Print Drivers are as excited as children waiting for the year's final school bell to hit the road and travel this summer. And with much of the country opening up again as COVID-19 cases are decreasing and vaccinations increasing, the tire industry may be poised for a very good season. "I think the volume of driving is picking up, and I think it's going to steadily increase over the summer months," Robert Clark, managing director of retail operations for Dunn Tire L.L.C., noted. Clark expects the Buffalo, N.Y.-based dealership's 26 stores to experience strong sales this summer, both for tires ...

GB Automotive Service looks for continued growth - Vimarsana News

GB Automotive Service looks for continued growth

We have sold the business. Workers immediately begin to wonder: What will happen to my job? How will it change? Will they cut our staff? Will I have a job? Frank Kneller, CEO of GB Automotive Service Inc., knows all about the uncertainty that comes with the sale of a business. That's one of the reasons, he said, that he and his team approach every acquisition that GB makes — a dozen separate deals involving 181 locations in five states, and counting, with plans to reach 300 or more in the next year — with compassion and enthusiasm toward employees at each new location.

Our View: Tire company, dealer mergers a sign of the times? - Vimarsana News

Our View: Tire company, dealer mergers a sign of the times?

And we thought 2020 was quite a year. Not to take anything away from last year — it was a year that won't be forgotten anytime soon, both for its heartache and heartwarming stories — but this year already has proved to be quite memorable in its own right, at least in the tire and automotive service industry. With the year barely 75 days old, there already has been enough M&A activity (mergers and acquisitions) to last a lifetime. Prime among them, at least since the start of March, is BayPine L.P.'s bid to purchase Mavis Tire Express Service Corp., a network of more than 1,100 company-own...