Tires & Rubber

Monro, Inc. to Report Fourth Quarter and Year-End Fiscal 2024 Earnings on May 23, 2024

Retrieved on: 
Giovedì, Maggio 9, 2024
Aftermarket, Other Retail, Supply Chain Management, Automotive, Other Transport, Specialty, Transport, Other Automotive, General Automotive, Tires & Rubber, Retail

Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2024 fourth quarter and year-end earnings on May 23, 2024.

Key Points: 
  • Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2024 fourth quarter and year-end earnings on May 23, 2024.
  • The Company will host a conference call and audio webcast on Thursday, May 23, 2024 at 8:30 a.m. Eastern Time.
  • The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 167286.
  • A replay can also be accessed via audio webcast at the Investors section of the Company’s website, located at corporate.monro.com/investors .

Meyers Manx Appoints Two Automotive Industry Veterans to Co-CEO Positions

Retrieved on: 
Mercoledì, Maggio 8, 2024
Automotive, Consumer, General Automotive, Alternative Vehicles, Fuels, Specialty, Vehicle Technology, Green Technology, Automotive Manufacturing, Manufacturing, Retail, Other Automotive, Tires & Rubber, Other Consumer, Environment, EV, Electric Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, FF91, Ford Fusion, Human resources, Lincoln, Marketing, Faraday Future, Mustang, Quality, History, F-150, Entrepreneurship, Engineering, Meyers Manx, Family, Ford, New product development, Communication, Multimedia, Super Duty, Ford Motor Company, Chief creative officer, Management

Meyers Manx , the original fiberglass dune buggy kit car company founded in 1964 by Bruce Meyers, today announces the appointment of two automotive industry veterans as the company’s co-CEOs.

Key Points: 
  • Meyers Manx , the original fiberglass dune buggy kit car company founded in 1964 by Bruce Meyers, today announces the appointment of two automotive industry veterans as the company’s co-CEOs.
  • Freeman Thomas, who had been Meyers Manx CEO and Chief Creative Officer, becomes Meyers Manx Vice Chairman.
  • “Meyers Manx has a rich heritage, and our dune buggies continue to be celebrated by enthusiasts all over the world,” Flake said.
  • For decades, Meyers Manx has been celebrated for its kit cars, empowering enthusiasts to build their own unique buggies.

Orion S.A. Reports First Quarter 2024 Financial Results

Retrieved on: 
Giovedì, Maggio 2, 2024
Manufacturing, Other Manufacturing, Tires & Rubber, Automotive, Chemicals, Plastics, Share repurchase, OEC, GAAP, Growth, Plant, Bank

“Congratulations to the team on our first quarter results.

Key Points: 
  • “Congratulations to the team on our first quarter results.
  • We expect to deliver another year of growth in 2024, as well as meaningful progress towards our financial and operational goals,” said Mr. Painter.
  • Jeff Glajch, Orion’s chief financial officer added, “As Corning mentioned, we reported much improved sequential results.
  • While year over year results were lower, please recall that we reported and discussed non-repeating favorable items in the first quarter of 2023.

Superior Reports First Quarter 2024 Financial Results

Retrieved on: 
Giovedì, Maggio 2, 2024
Other Manufacturing, Aftermarket, Automotive, Engineering, Tires & Rubber, Automotive Manufacturing, General Automotive, Manufacturing, Net income, Appendix, Administration, Development, Public expenditure, Debt, Foreign exchange market, Aluminium, SPG, LTM, GAAP, Operation, Income tax, Bank

We expect Superior to exit 2024 as a business generating approximately $190 million of Adjusted EBITDA on unit sales of just over 15 million,” commented Majdi Abulaban, President and Chief Executive Officer of Superior.

Key Points: 
  • We expect Superior to exit 2024 as a business generating approximately $190 million of Adjusted EBITDA on unit sales of just over 15 million,” commented Majdi Abulaban, President and Chief Executive Officer of Superior.
  • Income from Operations was $0.3 million in the first quarter of 2024, compared to Income from Operations of $15 million in the first quarter of 2023.
  • Income Tax Provision for the first quarter of 2024 was $17 million, compared to an Income Tax Provision of $3 million in the first quarter of 2023.
  • Adjusted EBITDA, a Non-GAAP financial measure, was $31 million, or 18% of Value-Added Sales in the first quarter of 2024, which compares to $46 million, or 22% of Value-Added Sales, in the first quarter of 2023.

Donut Media Announces Exclusive Tire Sponsorship with Hankook

Retrieved on: 
Martedì, Aprile 30, 2024
Aftermarket, Tires & Rubber, General Automotive, Automotive, Performance & Special Interest, Media, EVS, Valvoline, Social media, Apple Podcasts, Partnership, Donut Media, SUV, Hankook Tire, Big Three

Donut Media and Hankook are proud to announce their two-year exclusive partnership.

Key Points: 
  • Donut Media and Hankook are proud to announce their two-year exclusive partnership.
  • As the official tire sponsor of Donut, Hankook tires as well as their Dynapro SUV and light truck products will be used on Donut’s vehicles through 2026.
  • “The Hankook brand is synonymous with best-in-class performance,” said Aaron Godfred, General Manager of Donut.
  • This is the third official sponsorship for Donut, including their previously announced agreements with Valvoline and KCHiLiTES .

Automotive All-season Tires Market Set for Accelerated Growth, Forecasted CAGR of 6.05% from 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Venerdì, Aprile 26, 2024
Automotive Manufacturing, Manufacturing, Aftermarket, Tires & Rubber, Automotive, USD, Growth

The "Global Automotive All-season Tires Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Automotive All-season Tires Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive all-season tires market anticipates a dynamic growth of USD 8.77 billion during the 2023-2028 period, steered by a promising CAGR of 6.05%.
  • Additionally, the trend toward utilizing non-petroleum-based materials, coupled with innovative manufacturing technologies and a robust appetite for high-performance tires, is forecasted to spawn significant market opportunities.
  • The report incorporates a meticulous assessment of market influences and promotional strategies that are key to understanding the market's trajectory.

Sonic Automotive Reports First Quarter Financial Results

Retrieved on: 
Giovedì, Aprile 25, 2024
Off-Road Trucks & SUVs, General Automotive, Retail, Motorcycles, Automotive Manufacturing, Manufacturing, Aftermarket, Automotive, Sports, Motor Sports, Specialty, Other Automotive, Tires & Rubber, Performance & Special Interest, Total, Sonic Automotive, SAH, Hand, Insurance, Automotive industry, Conference, Growth, Health care

Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024.
  • During the quarter, our EchoPark Segment results exceeded our previously communicated target for breakeven adjusted EBITDA*, and we are excited to report all-time record quarterly EchoPark Segment adjusted EBITDA* for the first quarter.
  • We believe we remain well-positioned to adapt to evolving market conditions and position the Company for success in 2024 and beyond.”
    The financial measures discussed below are results for the first quarter of 2024 with comparisons made to the first quarter of 2023, unless otherwise noted.
  • For telephone access to this conference call, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive First Quarter 2024 Earnings Conference Call.

The Antera Brand Back at the Summit of Light Alloy-wheel Producers

Retrieved on: 
Mercoledì, Aprile 24, 2024
Sports, Automotive, General Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Soccer, Tires & Rubber, Recreational Vehicles, Diamond, Personality, A105, System, Soka Gakkai, AIDS, Research, Number 10, Life, Culture, Tree, Instinct, A101, Art, Football, LAB, Philosophy, PV, Panther, Perseverance, Hand, Communication, HPE, Dalla, Aggression, Pinguini Tattici Nucleari, A107, Netflix, Eye, Broadway Cares/Equity Fights AIDS, ALS, Aluminium, Child, HIV, Milan Furniture Fair, Brazilian, Compromise, Nature, Hospital, Dream, Heart, Collection, Diodato, FEM, Engineering, Coppa Italia, Multimedia, Beauty, Autobiography, Made in Italy, Courage, Casting, Serie A, History, A103, Banca Ifis, ESG, Creativity, CO2, Ikeda, Growth, Corporate governance, Fashion design

The Antera brand makes its comeback on the world stage during the 2024 Milan Design Week with a new collection of light alloy wheels.

Key Points: 
  • The Antera brand makes its comeback on the world stage during the 2024 Milan Design Week with a new collection of light alloy wheels.
  • A premium made-in-Italy brand, Antera combines timeless design, cutting-edge technology, and the determination to overcome any obstacle.
  • The new Antera collection features five different models of various dimensions, from 19 inches to 24 inches, and seven finishes.
  • Today, on the occasion of the 2024 Milan Design Week, the prestigious Antera brand makes its comeback on the global scene with a new collection of light alloy wheels for the automotive industry.

Customers Find Appeal in ‘Freedom’ of Ford Powertrain Choices, Contributing to Solid Q1 Results, Setting up Strong Full Year

Retrieved on: 
Mercoledì, Aprile 24, 2024
Vehicle Technology, Automotive, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, General Automotive, Public Transport, Other Transport, Trucking, Other Automotive, Autonomous Driving, Vehicles, Tires & Rubber, Transport, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Motorcycles, EV, Electric Vehicles, Fleet Management, Alternative Vehicles, Fuels, Aftermarket, Multimedia, Ford Motor Company, News, Ford

Ford Motor Company (NYSE:F) today reported its 2024 first quarter financial results.

Key Points: 
  • Ford Motor Company (NYSE:F) today reported its 2024 first quarter financial results.
  • Click here or visit media.ford.com to view the news release.
  • Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m.
  • The call will feature Jim Farley, president and CEO; John Lawler, chief financial officer; and other members of the Ford senior management team.

Goodturn Tire & Auto Accelerates Growth and Positive Momentum, Officially Launches Platform with 24 Locations Across Florida, Michigan and North Carolina

Retrieved on: 
Mercoledì, Aprile 24, 2024
General Automotive, Tires & Rubber, Automotive, Growth, Knowledge, Retail

Co-Founders David Manning and Seth Sands, today announced the official launch of Goodturn Tire & Auto (“Goodturn”), an automotive services platform focused on tire repair and maintenance services comprised of a network of premier brands.

Key Points: 
  • Co-Founders David Manning and Seth Sands, today announced the official launch of Goodturn Tire & Auto (“Goodturn”), an automotive services platform focused on tire repair and maintenance services comprised of a network of premier brands.
  • David and Seth, Co-Founders of Goodturn, have been actively building the automotive services platform for nearly three years, completing 14 acquisitions to grow Goodturn’s footprint to 24 locations representing 10 brands, collectively serving approximately 90k customers in 2023.
  • David Manning, said, "Our strategic approach to M&A has helped us establish a robust market presence across Florida, Michigan, and North Carolina and we’re excited to continue to expand our reach under the Goodturn umbrella.
  • Seth Sands, added, “We’re proud to finally go to market with the launch of our new platform, Goodturn, and to officially welcome Christian as President.