Is Michelin going out of business?

[DGatzby]

BTW, isn't Discount Tire Direct the same company as Discount Tire?

And now also owns Tire Rack.

 

[DGatzby]

WTF? I am a big fan of Michelin.

The headline exaggerates.

 

[DavidKFla]

And now also owns Tire Rack.

Wonder who owns Discount Tire?

 

[MJS73]

Dealer lots are full or very close.

Not in the suburbs of Chicago, they're not. Lots are still like 2/3 empty.

 

[DavidKFla]

Not in the suburbs of Chicago, they're not. Lots are still like 2/3 empty.

Plenty of inventory in Florida.

 

[Magnified]

Wonder who owns Discount Tire?

Aleays sounds like a cool place to work. I stepped out of a big meeting to return some PS4S (taken wo complaint) and spent another 10 minutes talking cars w the guy on the other end.

 

[Demoniccat]

The dealer lots are just starting to show more inventory up in NE. MT street R was tough to find last summer. Some sizes more than others. Towards the end of summer 315/50R 17 were like hens teeth. By early fall was mission Impossible.

 

[DGatzby]

Wonder who owns Discount Tire?

Interesting and private. From some quick looking around….

Reinalt-Thomas Corp and potentially Sumotomo Corp a public company from Japan, who owns other familiar stuff to us like, Big O Tires, CrossWind, Delta, Eldorado Tire, Harvest King, Interstate Tires, Midas, Multi-Mile, NTB, NTW, Power King, Sailun, Sumitomo Tires, TBC, Tire Kingdom, tireamerica.com, Towmax, Towstar, Trailer King.

 

[DavidKFla]

Interesting and private. From some quick looking around….

Reinalt-Thomas Corp and potentially Sumotomo Corp a public company from Japan, who owns other familiar stuff to us like, Big O Tires, CrossWind, Delta, Eldorado Tire, Harvest King, Interstate Tires, Midas, Multi-Mile, NTB, NTW, Power King, Sailun, Sumitomo Tires, TBC, Tire Kingdom, tireamerica.com, Towmax, Towstar, Trailer King.

Wow, these companies are all huge and have consolidated all industries.

 

[DGatzby]

Wow, these companies are all huge and have consolidated all industries.

Thus, we begin to understand $600-$800 per fuckin tire, IF they have them. After looking at this, they must be Democratic donors otherwise where is the FTC looking at Anti-Trust practice here?

 

[DavidKFla]

Thus, we begin to understand $600-$800 per fuckin tire, IF they have them. After looking at this, they must be Democratic donors otherwise where is the FTC looking at Anti-Trust practice here?

They control the tire market and can basically tell any manufacturer what to do.

 

[Magnified]

Anti-trust was long ago gutted. Very little action being taken. Part of getting gov out of the business space.

The requirement is also there for there to be proof that competion is being harmed, and simple price increases wo more rarely rise to that.level. see pharmabro for one even they could not let slip by

 

[DavidKFla]

Anti-trust was long ago gutted. Very little action being taken. Part of getting gov out of the business space.

The requirement is also there for there to be proof that competion is being harmed, and simple price increases wo more rarely rise to that.level. see pharmabro for one even they could not let slip by

You're starting to sound a little bit like Hickster.

 

[DGatzby]

I was just simply amazed speaking with both what we thought were two different companies until yesterday. I mean really? Now late March in North America and they not only don’t have even one tire in stock anywhere, but the manufacturer does not even have a projection for at least the next 60 days on a production date! Until the Chinjese Covid weapon was unleashed I got the Widebody to have a much better selection of potential tires. Now, my selections of potential tires may be worse than just keeping the regular body. I can’t find any tires that are significantly larger for track use. Bullshit!

Oh, I found two tires in Europe for about 1000 Euro’s each! Was not even going to begin to inquire about shipping costs or timelines!

 

[SilverBillet]

What kind of tires do the Lemans type production race cars use on the track?

 

[DGatzby]

To break the problem, most use 19” diameter wheels.

 

[Magnified]

You're starting to sound a little bit like Hickster.

LOL, what does that even mean?

 

[DavidKFla]

LOL, what does that even mean?

Only the Hickster knows...

 

[MJS73]

Anti-trust was long ago gutted. Very little action being taken. Part of getting gov out of the business space.

The requirement is also there for there to be proof that competion is being harmed, and simple price increases wo more rarely rise to that.level. see pharmabro for one even they could not let slip by

Until Sirius and XM wanted to merge, then there were Congressional hearings.