EDINBURGH, Scotland (Feb. 28, 2000) —Kwik-Fit, Europe´s largest tire dealership, plans to double its stores throughout the continent by 2005.
The dealership, owned by Ford Motor Co., currently operates 2,285 outlets in the United Kingdom, France, Belgium, Spain and Germany. It achieved its goal of operating 2,000 stores by 2000 with the December acquisition of auto glass repair and replacement specialist Silver Shield Screens Ltd.
Ford acquired Kwik-Fit in 1999 for $1.6 billion and added the company into its Customer Service Division.
Kwik-Fit currently has no plans to expand its business into North America, a spokesman said.