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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.
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.
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.
In May 1997, Winston Tire was acquired by the Heafner Tire Company (now American Tire Distributors). Four years later, on May 15, 2001, Heafner sold the chain to Performance Management, Inc. of Lafayette, Louisiana. [4] On January 19, 2002, Winston Tire filed for Chapter 11 bankruptcy protection. [5]
In the 1960s, Don Barnes Sr., a The Kelly Springfield Tire Company salesman who had been a supplier to Belle Tire, partnered with Waze. The partnership proved to be successful, with the company opening several other locations in the Metro Detroit area.
Tire Rack is a privately owned customer-direct tire, wheels, car accessories distributor company headquartered in South Bend, Indiana. In 2021 it was acquired by Discount Tire and continues to operate as a separate business and brand name.
January 3, 2018, Michelin North America and Sumitomo Corporation of America announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.
ATS (Auto Technisches Spezialzubehör) is a German company that manufactures alloy wheels for road and racing cars. It is based in Bad Dürkheim near the Hockenheimring race circuit. ATS had a Formula One racing team that was active from 1977 to 1984.