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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 ...
Titan Tire Corporation [79] USA: 1993 Goodyear (farm tires), Titan, Continental (OTR only) [80] Tigar Tyres Serbia: 1959 Tigar: Tomket Tires [81] [non-primary source needed] Czech Republic: 1997 Tomket (Czech brand of low category is made in China) Toyo Tire & Rubber [82] Japan: 1945 Nitto, Silverstone, Toyo: Trayal Corporation Serbia: 1955 ...
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 ...
At the same time, Goodyear also announced that it was ending its distribution relationship with American Tire Distributors, which is the largest tire wholesaler in the US. [2] In October 2022, Cooper Tire & Rubber Company announced Tirehub would become an authorized national distributor for Cooper tires.
Sales surpassed ten billion yen in 1953, placing Bridgestone at the top of the tire industry in Japan, and celebrations were held to commemorate the 25th anniversary of the company's foundation in Kurume. The sale of nylon tires was started in 1959, and work forged ahead with the construction of the new Tokyo plant, which was opened in 1960, in ...
Currently, Auto Nation Group, Inc. (formerly known as CATS Motors, Inc.) is the general importer and distributor of Mercedes-Benz vehicles, parts and accessories in the Philippines. Its history traces back to 1989 when its founder Felix R. Ang opened CATS as a car accessories, tires sales and servicing business.
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 ...