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ITDG Announces Record 2016 Financials

The Independent Tire Dealers Group (ITDG) announced a record year, with total purchases in 2016 exceeding $210 million.

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The Independent Tire Dealers Group (ITDG) announced a record year, with total purchases in 2016 exceeding $210 million.

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“2016 was a challenging year for the industry, however, the Independent Tire Dealers Group once again surpassed previous records in purchases, profits, volume bonuses and dividends paid to our members and shareholders,” said Michael Cox, president and CEO of ITDG.

In 2016,  ITDG added 16 new members representing 88 locations and 10 ITDG members qualified for and became ITDG shareholders, Cox adds.

“We would like to thank all the manufacturers, vendors and distributors that have supported our organization throughout these remarkable growth years and obviously our members and shareholders that make up this remarkable Group. We are excited about the continued growth in the years ahead,” Cox said.

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