News

ATD Realigns Senior Leadership Team

In a move American Tire Distributors Inc. (ATD) says reflects its evolution to date and accelerates the company’s ongoing transformation to becoming "the most connected and insightful automotive solutions provider in the industry," the company has realigned its senior leadership team.

News

Bankruptcy Court Signs Off on ATD's Reorganization Plan

The United States Bankruptcy Court for the District of Delaware has confirmed American Tire Distributors Inc.'s Plan of Reorganization. The company expects to complete its recapitalization and successfully emerge from Chapter 11 by the end of the year.

News

ATD Update: 'We Have Been Working With Our Suppliers as Normal'

In order to keep his customers in the loop during American Tire Distributors Inc.’s reorganization, CEO and President Stuart Schuette emailed out a quick update on the company’s recent business developments. They include clearing up some confusion about how some of its suppliers have reacted to the company’s Chapter 11 Reorganization bankruptcy filing.

ATD, the largest tire distributor in the U.S., has voluntarily filed for reorganization under Chapter 11.
News

ATD Voluntarily Files for Chapter 11 Reorganization

American Tire Distributors Inc. (ATD) has entered into a definitive agreement with a majority of its bondholders on the terms of a recapitalization. To implement the agreement, the company voluntarily filed for reorganization under Chapter 11.

"The actions we are taking are intended to reduce our debt and create financial flexibility so we can enhance the strategic initiatives, key technologies and talent that will drive our transformation forward," says Schuette.
News

ATD Reduces Debt by Up to $1.1 Billion

American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of more than 70% of its bonds on the terms of a recapitalization transaction that will reduce the company’s debt by up to $1.1 billion. It also will provide financial flexibility as it continues its ongoing transformation.

News

More on ATD's Reorganization in Huntersville, N.C.

When CEO and President Stuart Schuette recently explained to American Tire Distributors Inc. associates why the company was downsizing its Field Support Center, the letter was long on strategic intiatives and short on details.

News

ATD Reorganizes Its Field Support Center

American Tire Distributors Inc. (ATD) has downsized its Field Support Center in Huntersville, N.C., “to more closely align our capabilities with our strategy to continue to grow and help our customers succeed,” said a company spokesperson.

Bridgestone is the second top-tier tire maker to pull its products from ATD's shelves.
News

Bridgestone Is Dropping ATD as a Distributor

American Tire Distributors Inc., the largest wholesale tire distributor in the U.S., was notified by Bridgestone Americas Inc. that it will no longer be a Bridgestone tire distributor.

"We have an unrelenting commitment to our customers and partners to provide the technology and insights they need to drive and thrive into the future," said ATD CEO Stuart Schuette at the company's first North American Business and Innovation Summit.
Blog

ATD Will Continue to Sell Michelin and Bridgestone Tires

The formal transition of Goodyear Tire & Rubber Co.'s G3X program away from American Tire Distributors Inc. (ATD) will be on June 30, 2018. After that, ATD says it "will continue to provide Goodyear product for all other customers until a determined transition time."

At its first North American Business and Innovation Summit, ATD launched its redesigned ATD and National Tire Distributors websites.
News

ATD Shares Its Vision With Its Associates -- and MTD

When Stuart Schuette took over as CEO of American Tire Distributors Inc. in January 2016, he had one goal: “to drive the innovation necessary to continue to grow the business and exceed our customers’ expectations."

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!