Retail

ITDG had record year in 2013

Posted on March 26, 2014

The Independent Tire Dealers Group LLC (ITDG) set records for new members, shareholders, member purchases and volume bonus and dividend payments in 2013.

“We are very excited about the growth of the Group in 2013,” says Michael Cox, CEO and president.

“We had 22 new dealers join the Group representing 101 total locations in 16 different states. We are now represented in 34 states with 500 plus locations and are continuing to expand our footprint. This growth is a testament to the viability and acceptance of our program."

Cox says ITDG had a record year for member purchases, new shareholders (12) for a total of 90, and volume bonus and dividend payments, which totaled over $7 million.

In addition, the exclusive Diamondback PLT line continued to grow and complement ITDG’s offerings. “It is helping fuel future growth of the group when combined with our other programs," says Cox.

"2013 was a great springboard for the Independent Tire Dealers Group heading into 2014, the 20th anniversary of the organization founded in Southern California in 1994."

ITDG is comprised of over 500 plus points of sale in 34 states. Group offices are located in Tequesta, Fla.

For more information on ITDG, see “Long is new Exec. VP Sales & Marketing at ITDG” and “Here are the 16 new ITDG members

Related Topics: Independent Tire Dealers Group, Michael Cox

Comments ( 0 )
More Stories
News

ZC Rubber Opens R&D Center

Zhongce Rubber Group Co Ltd. (ZC Rubber) has opened a research and development center in China in cooperation with a state-owned research and development institute.

News

Bauer Built Awards $6,000 in Annual Scholarships

Since 1994 Bauer Built Inc. has recognized the children and grandchildren of its employees through the G. F. “Sam” and Ethel V. Bauer/Bauer Built Inc. Scholarship program. Four high school seniors have earned the prize in 2017.

The Bridgestone Europe headquarters in Zaventem.
Article

Bridgestone in Europe! Building on Continued Success

As I am sure all MTD readers can appreciate, Europe is currently in the grip of a number of significant business trading changes including a fluctuating economy and the very real prospect of the UK market eventually leaving the European Union.

Article

Cost Pressures Will Likely Continue to Build

According to the results of our survey, demand for passenger and light truck replacement tires declined in March. Indeed, from a volume standpoint, the dealers reported they sold 0.8% fewer tires in March relative to the previous year’s period. The decline marks the third straight month of poor results versus the prior year’s period. However, on more a positive note, trends improved sequentially.

ATD's new mixing center is delivering tires to 32 distribution centers. The first truck load of tires pulled out of the dock on May 1.
News

New ATD Mixing Center Has Capacity for Almost 1 Million Tires

American Tire Distributors Inc. (ATD) has opened its fourth regional mixing center in the U.S. Large enough to hold nearly 1 million tires, the mixing center in the Dallas/Fort Worth area will replenish the inventories of 32 ATD distribution centers in the Southwest.

TRMG advises selecting the appropriate repair unit, either a one- or two-piece repair, based on repair material manufacturer recommendations. “For injuries with an angle greater than 25 degrees, depending on repair manufacturer, use a two-piece repair unit system.”
Article

LT Tire Repair: TRMG Revises its Recommendations

The Tread Rubber and Tire Repair Materials Manufacturers Group (TRMG) has released additional Recommended Practices (RPs) for retreading and repairing through the Tire Retread & Repair Information Bureau (TRIB) website. The RPs are free to view on TRIB’s website, www.retread.org.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!