ATD Archives - aftermarketNews
ATD Completes Acquisition of Monro Inc.’s Tires Now

The Tires Now locations will operate exclusively under the ATD name and brand.

IPG Launches Aftermarket Technology Platform

Installed Parts Group has launched its new IPG Direct Connect Technology Platform in conjunction with ATD.

ATD Emerges From Chapter 11 Bankruptcy

With its recapitalization complete, ATD said it has reduced its debt by approximately $1.1 billion. Looking ahead, ATD has plans to innovate through digital tools powered by advanced analytics.

American Tire Distributors Receives Near Unanimous Support For Its Plan Of Reorganization 

The company’s recapitalization will reduce its debt by more than $1.1 billion and provide the company with new exit financing to support its ongoing operations. A confirmation hearing on the Plan is scheduled to occur on Dec. 19.  

ATD Celebrates Grand Opening Of Poconos Mixing Warehouse

The massive, new $70 million facility measures 1 million square feet in size and includes 125 dock doors, 200 trailer parking spots and the capacity to hold close to 1 million tires when at full capacity.

American Tire Distributors Files For Voluntary Chapter 11 Reorganization

ATD also entered into a definitive agreement with bondholders to reduce debt by $1.1 billion through court-supervised process.

American Tire Distributors Reaches Agreement With Bondholders To Reduce Debt By Up To $1.1B

ATD says it has liquidity to meet its business obligations and operations are continuing as normal throughout this process. 

ATD Begins Laying Off Employees, Downsizing

This move is on the heels of a July 9 report from Moody’s Investment Services calling for “urgency to right-size capital structure,” following a loss of revenue after both Goodyear and Bridgestone pulled their passenger and light truck products from the nation’s largest tire distributor.

Bridgestone Dropping ATD For Passenger, LT Tire Distribution

American Tire Distributors’ debt took a deep dive Wednesday after Bridgestone Americas announced it would pull the distribution of its passenger and light truck tires from the company.

ATD Announces Go-Forward Innovation Strategy

ATD has launched a digital ecosystem that embraces technology and advanced analytics to create long-term competitive advantages for its customers and manufacturer partners.

ATD Puts Focus On Digital, Hires New Chief Digital And Technology Officer

Ivy Chin will be responsible for driving ATD’s continued digitization and evolving technology operations in the newly created role.

Goodyear To Discontinue Distribution To ATD

The decision comes on the heels of Goodyear and Bridgestone’s announcement of its joint distribution venture called TireHub.