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PARTS iD, Inc. Announces Agreements to Expand Tire Installation Network to Over 12,000 Locations

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PARTS iD (NYSE American: ID) has launched an end-to-end service for its wheels & tires category on CARiD.com, enabling customers to purchase tires and book installation appointments at nearby locations. Currently, the service includes 1,579 active tire installation sites nationwide, with plans to expand to over 9,000 by year-end, and an additional 3,000 locations in 2022. CEO Nino Ciappina emphasized the initiative's goal to bolster the company’s presence in the automotive aftermarket, enhancing CARiD.com’s position as a comprehensive solution for car enthusiasts.

Positive
  • Launch of an end-to-end tire service on CARiD.com enhancing customer convenience.
  • Currently 1,579 active tire installation locations with plans to expand to over 9,000 by year-end.
  • CEO's focus on increasing market presence in the do-it-for-me automotive segment.
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PARTS iD, Inc. (NYSE American: ID) (“PARTS iD” or “Company), the owner and operator of, among other verticals, “CARiD.com,” a leading digital commerce platform for the automotive aftermarket, today announced an end-to-end offering in its wheels & tires category. CARiD customers now have the option to book an appointment with a nearby tire installation location from its network, while buying the tires of their choice from CARiD.com.

To date there are 1,579 active locations for tire installation providing nationwide coverage to CARiD customers. CARiD plans to expand to more than 9,000 tire installation locations by the end of the year, with an additional 3,000 locations joining the network in 2022.

Nino Ciappina, Chief Executive Officer of PARTS iD, commented, “We have been focused on increasing our presence in the do-it-for-me segment of the automotive aftermarket industry and this initiative is a great step forward. With our purpose-built data architecture and differentiated technology, consumers are able to visit CARiD.com, research and choose from a wide variety of tires, and in the same transaction select a tire installation center near them to schedule an appointment. This initiative is one of many programs we are working on to advance CARiD.com’s position as a one-stop shop and seamless solution for all car enthusiast needs.”

About PARTS iD, Inc.

PARTS iD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets. Founded in 2008 with a vision of creating a one-stop shop for the automotive parts and accessories market, PARTS iD has since become a market leader and proven brand-builder, fueled by its commitment to delivering a revolutionary shopping experience; comprehensive, accurate and varied product offerings; and continued digital commerce innovation.

FAQ

What new service has PARTS iD launched for CARiD.com?

PARTS iD has introduced an end-to-end tire service allowing customers to purchase tires and schedule installation appointments at nearby locations.

How many tire installation locations does CARiD currently have?

CARiD currently has 1,579 active tire installation locations.

What are PARTS iD's expansion plans for tire installation locations?

PARTS iD plans to expand its tire installation network to over 9,000 locations by the end of the year and an additional 3,000 in 2022.

What is the significance of the new service for PARTS iD?

The new service enhances customer convenience and aims to increase PARTS iD's presence in the automotive aftermarket.

PARTS iD, Inc.

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