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
Prior to working at Hennessy, Mark Earl had served at Danaher Corp.
News Mark Earl Will Lead Nokian's Growth Strategy in North America

Mark Earl is joining Nokian Tyres plc and will be in charge of implementing the tire company's growth strategy in North America. Earl, the current president of Hennessy Industries Inc., will serve as vice president of the Americas Business Area for Nokian.  

European tire retreading needs a promotional upgrade.
Article A Profitable Future for Tire Retreading?

All around the world the professional retreading of tires is considered to be an important aspect of our industry, especially when it comes to the commercial vehicle sector, and Europe is certainly no exception.

Article Training Covers Strategy, Process and Execution

Two days, four sessions, and 20+ tire guys later, we return to our stores and companies, and do it all over again. Every once in a while, you must drive a stake in the ground, pause, gather with others, and reassess what you’re doing.

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!