American Tire files for Chapter 11 battling industry pressures

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American Tire files for Chapter 11 battling industry pressures

Pirelli Zero Tyres
Pirelli tyres used by the Sahara Force India F1 Team. Brazilian Grand Prix, Friday 10th November 2017. Sao Paulo, Brazil. | James Moy/James Moy Photography/PA Images

American Tire Distributor (ATD) filed for Chapter 11 bankruptcy on Thursday after battling shifts in the tire industry that saw two major manufacturers cut ties with the firm earlier this year.

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