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National Tire and Battery (NTB) is an American brand of auto service centers. It was formerly owned by Sears until it was spun-off in 2003. In 2020, Mavis Tire Supply Co. bought 112 NTB Tire & Service Centers, leaving the parent TBC Corporation with 615 locations under the Tire Kingdom and NTB brands.
The company does more than $1.6 billion in sales each year, [8] and is the second largest independent tire retailer in the United States. [ 5 ] Founder Les Schwab died in May 2007, with ownership remaining within the family, [ 2 ] then chairman Phil Wick died in 2010. [ 10 ]
Discount Tire Company was founded by Bruce Halle as a tire shop in 1960, in Ann Arbor, Michigan.Halle had taken out a $400 loan to open the store, originally having six tires from a previous failed automotive supply company.
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In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
A tire changer is a machine used to help tire technicians dismount and mount tires with automobile wheels. After the wheel and tire assembly are removed from the automobile, the tire changer has all the components necessary to remove and replace the tire from the wheel.
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