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An announcement from National Tyre & Wheel Ltd. ( (AU:NTD) ) is now available.
National Tyre & Wheel Ltd. (NTAW) has restructured its distribution agreements for Dunlop tyres in Australia and New Zealand. The company will cease importing Dunlop tyres to Australia but will continue distribution in New Zealand under a new agreement. This strategic shift includes mutual termination agreements with Goodyear and Sumitomo, allowing NTAW to focus on expanding its other wholesale and retail business units while introducing new products to increase market share.
More about National Tyre & Wheel Ltd.
National Tyre & Wheel Ltd. operates in the automotive industry, focusing on the distribution of tyres and related products. The company serves markets in Australia and New Zealand, providing a range of tyre brands to meet diverse customer needs.
Average Trading Volume: 99,328
Technical Sentiment Signal: Sell
Current Market Cap: A$33.54M
Learn more about NTD stock on TipRanks’ Stock Analysis page.