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Heafner Tire changed its name to American Tire Distributors (ATD) in 2002. [6] American Tire Distributors was acquired by TPG Capital in 2010. [7] ATD filed for Chapter 11 bankruptcy protection in October 2018, seeking to cut $1.1 billion of the company's debt. [8] ATD received assistance refinancing from investors, including Wells Fargo. [9 ...
Tire Manufacturers and Companies Company Country Found. Brands Aeolus [1] China: 1965 Aeolus Apollo Tyres India: 1972 Apollo, [2] Apollo Tyres South Africa, [a] Bearway, [3] Kaizen, Maloya, Regal, Vredestein: Atturo [4] United States: 2009 Atturo Birla Tyres India: 1991 Birla Tyre [5] Belshina Belarus: 1965 Belshina [6] Bridgestone Japan: 1931
General Motors was the first company in the industry to begin franchising in 1893. In 1909, Western Auto became the first retailer of aftermarket automotive parts in the United States. [ 5 ] In 1928, Genuine Parts Company as a distributor of automotive replacement parts, industrial parts and consumer supplies.
American Tire Distributors, the largest replacement tire distributor in the U.S., has been passed among various private equity firms. Back in 2005, the company's owner, Charlesbank Capital ...
Three years after opening the store, Tire Rack got into the mail order business and by 1990 the store was shut down. [2] In 1995, Tire Rack began its website where it posted reviews of tires it sold. [2] In 1998, Tire Rack began online sales. [3] By 2005, Tire Rack had grown into a nationwide company that distributes more than 2 million tires ...
In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture ...
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