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Kumho Sets Deal to Supply Tires to Midas

The “partnership program” gives rebates to Midas stores purchasing Kumho tires. Tire distributors will get a 1 percent credit for administering the program.

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From Tire Review

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Midas stores across the U.S. will soon have access to Kumho brand tires thanks to a new deal between the service retailer and Kumho Tire USA Inc.

The new “partnership program” reportedly gives rebates to Midas stores purchasing Kumho tires, and tire distributors will get a 1 percent credit for administering the program.

For their part, Midas locations must purchase at least 100 Kumho-brand tires from their designated distributor during a calendar year in order to get a 3 percent rebate from Kumho.
 
Distributors will get another 1 percent credit for Kumho tires sold by each Midas shop it enrolls that meets the 100-tire minimum and becomes eligible for the Kumho rebate.

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Midas has a tire supply deal with Bridgestone Americas.

Midas has some 1,600 stores in the U.S. and Canada, but this program reportedly only applies to U.S. locations.

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