Joy Kopcha
Managing Editor at Modern Tire Dealer
Writer. Editor. Wife. Paper freak. Olympic gold medal greeting card shopper.
Articles
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1 week ago |
moderntiredealer.com | Joy Kopcha
On the heels of a fiscal fourth quarter that resulted in a loss of $21.2 million, Monro Inc.’s new President and CEO Peter Fitzsimmons has unveiled the initial steps of an improvement plan, which will include closing 145 unprofitable stores and scaling back its tire brand portfolio.
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1 month ago |
moderntiredealer.com | Joy Kopcha
Goodyear Tire & Rubber Co. CEO and President Mark Stewart said the tiremaker doesn’t yet have “a clear read” on whether the flow of imported tires into the U.S. has slowed in reaction to President Donald Trump’s tariffs. Yet, Goodyear is taking action to capitalize where it can.
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1 month ago |
moderntiredealer.com | Joy Kopcha
The bright spot of Continental AG’s sales in the first quarter of 2025 was its tires business, which reported a 3.7% gain in sales compared to the same period a year ago, and volumes that were up 0.6%. Those gains helped the company improve its net income, which returned to profitability after reporting a loss of $55 million in the quarter a year ago.
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1 month ago |
moderntiredealer.com | Joy Kopcha
As part of its first quarter financial report, Continental AG provided a "tariff deep dive" in response to President Donald Trump's ongoing trade actions, and outlined how the company is monitoring and mitigating the existing tariffs and others that may still come down the pike. Continental painted a picture of its overall U.S. manufacturing footprint. In Continental’s tires business, the company has three U.S. plants with a combined capacity of more than 16 million tires.
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1 month ago |
focusbankers.com | Joy Kopcha
With an uncertain economy, more tariffs and the unpredictability of President Donald Trump, are private equity groups still as interested in tire dealerships as they have been in recent years? MTD’s Mergers & Acquisitions Columnist Cole Strandberg weighs in on the current state of the market in 2025. He says private equity groups are seeking creative ways to join the tire industry. Previously published on AutoBody NewsClick here to listen to full podcast.
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This is incredible storytelling.
It's an incredible honor to take home the @PulitzerPrizes award in Feature Writing for Mark Warren's portrait of Bubba Copeland in our April/May 2024 issue. Revisit the vital story: https://t.co/DynPmi6W6d https://t.co/GDBAq2RC3r
RT @BeschlossDC: Overhead photograph of March on Washington as Martin Luther King speaks, Lincoln Memorial, today 1963:…
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