Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bucolic_frolic

(50,118 posts)
1. We are so f'd
Mon Nov 27, 2023, 11:33 AM
Nov 2023

Has anyone looked at tires recently? There's been massive consolidation in the industry. Private equity flips and combines like hamburgers and buns. Mavis bought Discount then PE bought Mavis. Regional retail firms are going like hotcakes. I wonder if tires are considered a safe haven because they'll be the same on EVs as on ICE vehicles. So many tire brands began in the 1880s, now they're combined under a handful of manufacturers. Bridgestone, Goodyear, Michelin. I'm not doing any research here but Kelly, Dunlop are owned by one of them. Hankook was partly owned by Michelin, then sold off. Mavis was a California brand in the 1960s.

Are there independent repair shops anymore?

Recommendations

0 members have recommended this reply (displayed in chronological order):

We are so f'd bucolic_frolic Nov 2023 #1
Latest Discussions»Issue Forums»Economy»This week's major U.S. ec...»Reply #1