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

Simple Tire Adds Another Delivery Option for Online Tire Buyers

Simple Tire LLC has added a third delivery option for customers of its online sales platform. They can ship their tires to any of the 1,800 FedEx office locations in the U.S. But Simple Tire’s real goal is to redirect those customers to one of its installation partners.  

News

Pep Boys Expands in New York and New Jersey

Pep Boys — Manny, Moe & Jack, a wholly-owned subsidiary of Icahn Automotive Group LLC, has acquired an automotive and tire center in New York, and opened a new Pep Boys Service & Tire Center in Bordentown, N.J.  

The tall ceilings of Jeff Hall's Gardiners Road store give it a modern look and feel.
News

The Secret to Success for Midas in Canada: Tires

The owner of the two busiest Midas locations in Canada says offering an extensive tire inventory and more than a dozen tire brands has transformed his business. Consider Jeff Hall’s success a sign of what’s to come at Midas stores across North America.  

News

Six Hankook Tire Dealers Will Host Events for Veterans

Six tire dealers will help Hankook Tire America Corp. continue its partnership with the Disabled American Veterans (DAV) organization. Those dealers will host the group's Mobile Service Offices (MSO) at their stores so the DAV can reach out to veterans in those communities.  

Joe Venezia will lead Bridgestone's retail efforts at its 2,200-plus company-owned stores.
News

Bridgestone Retail Stores Have a New Leader

The 2,200-plus retail stores owned and operated by Bridgestone Americas Inc. have a new leader. Joe Venezia is the president of Bridgestone Retail Operations LLC (BSRO) effective June 19, 2017.  

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!