PARTS iD, Inc. Adds Over 5,000 New Tire Installation

CRANBURY, N.J., April 19, 2022 (Globe NEWSWIRE) — Parts iD, Inc. (NYSE American: ID) (“PARTS…

CRANBURY, N.J., April 19, 2022 (Globe NEWSWIRE) — Parts iD, Inc. (NYSE American: ID) (“PARTS iD” or “Company”), the owner and operator of, amid other verticals, “CARiD.com,” a foremost digital commerce system for the automotive aftermarket, these days introduced that it added about 5,000 new spots to its tire set up network through the 1st quarter of 2022, bringing the overall selection of participating installers to 7,270.

When searching CARiD.com’s wide stock of tires, buyers throughout the 48 contiguous U.S. states and Washington, DC now have direct accessibility to much more local set up associates who can finish the position. With this expansion, Pieces iD stories an increase in installer density and support coverage in extremely populous states and metropolitan places which include Texas, metro New York, Southern California, Florida and Chicago. Likewise, new set up places are now accessible in less populated states and locations that formerly saw minimal or no coverage as a result of the tire installation network which include Iowa, West Virginia, Vermont, Montana and North Dakota.

Areas iD’s tire set up community is navigable from the CARiD.com homepage. Buyers can effortlessly browse an approximated 15,000+ SKUs of tires accessible to obtain the suitable dimensions and fit for their specific vehicle by inputting its calendar year, make and product. Search final results can be further refined by model, price and tire form (e.g. all-season, wintertime, or functionality). At checkout, the shopper is prompted to investigate local installation alternatives by getting into their ZIP code. From there, they can scan a checklist of participating installers, find their preferred shop place from obtainable options and decide on an set up day and time. They also have the solution of possibly direct shipping and delivery to the installer or home shipping.

Areas iD’s tire set up community relies on the company’s proprietary fitment details and research features to present consumers a trustworthy and effortless way to search tire solutions by model and value. By offering seamless entry to set up professionals right within the buying journey, this support gives a exceptional worth proposition for “do-it-for-me” (DIFM) buyers who prioritize breadth of selections and price points but do not wish to full the installation by themselves.

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“Expanding our tire set up community on CARiD.com is a important strategic intention for Sections iD and we’re thrilled to be very well on our way to achieving it with the addition of additional than 5,000 new places,” claimed Nino Ciappina, CEO of Elements iD, Inc. “Furthermore, we feel our growing network of tire installers positions us very well to boost product sales and consciousness between the do-it-for-me segment of automotive aftermarket clients.”

According to a report from Smithers, company-to-consumer (B2C) e-commerce is the quickest-expanding segment of the world wide tire business, accounting for around 6.5% of the full sector as of 2018. Customers are getting self-assurance in making use of on the web channels for major purchases, like automobile parts. As this pattern proceeds, Areas iD is nicely-positioned to improve income and sector share amid Diy and DIFM clients by presenting a seamless tire buying practical experience that merges advantage and breadth of selections with uncomplicated entry to neighborhood service companies who can assist full the task.

For more info, remember to go to www.partsidinc.com.

About Pieces iD, Inc.

Parts iD is a technologies-driven, electronic commerce enterprise targeted on producing custom infrastructure and one of a kind user ordeals inside of specialized niche marketplaces. Launched in 2008 with a eyesight of making a just one-stop e-commerce location for the automotive pieces and accessories sector, administration thinks that the Firm is a market leader and demonstrated manufacturer-builder, fueled by its determination to providing a revolutionary buying experience detailed, exact and various product choices and continued digital commerce innovation.

Cautionary Take note With regards to Forward-Wanting Statements

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All statements created in this push launch relating to upcoming economical or business performance, problems, options, prospective customers, trends, or procedures and other this sort of matters, which includes without the need of limitation, anticipated upcoming general performance, client adoption, expected achievements of our business enterprise product or the probable for long time period financially rewarding growth, are ahead-looking statements within just the which means of the U.S. Private Securities Litigation Reform Act of 1995. In addition, when or if used in this press release, the words and phrases “may,” “could,” “should,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict,” “potential,” “confident,” “look forward” and equivalent expressions and their variants, as they relate to us may perhaps establish forward-seeking statements. We operate in a altering atmosphere exactly where new threats emerge from time to time and it is not doable for us to predict all pitfalls that might impact us, particularly people affiliated with the COVID-19 pandemic, which has had huge-ranging and regularly evolving effects. We caution that these ahead-hunting statements are subject matter to various assumptions, dangers, and uncertainties, which alter around time, generally quickly and in unanticipated approaches.

Vital variables that may possibly result in real success to differ materially from the benefits talked over in the ahead-searching statements incorporate hazards and uncertainties, like without having limitation: charges related to running as a general public firm challenges in managing our global business functions, specially in the Ukraine, like with respect to implementing the terms of our agreements with our contractors and managing expanding fees of operations the effects of health epidemics, like the COVID-19 pandemic, on our company and the steps we may perhaps just take in reaction thereto alterations in our technique, future operations, monetary placement, approximated revenues and losses, merchandise pricing, projected charges, prospects and designs the end result of precise or possible litigation, issues, merchandise legal responsibility promises, or regulatory proceedings, and the probable adverse publicity related thereto the implementation, marketplace acceptance and success of our business model, enlargement strategies, chances and initiatives, which includes the market place acceptance of our prepared items and solutions opposition and our means to counter opposition, which includes improvements to the algorithms of Google and other look for engines developments and projections relating to our opponents and marketplace our expectations about our potential to get hold of and manage mental residence safety and not infringe on the legal rights of many others capability to manage and enforce mental property legal rights and skill to preserve technology management our foreseeable future capital necessities, our capacity to increase cash and make the most of sources of hard cash our capability to get hold of funding for our operations variations in applicable laws or laws the results of present and foreseeable future U.S. and overseas trade plan and tariff steps disruptions in the marketplace for on-line buys of aftermarket auto pieces disruptions in the provide chain and the likelihood that we may be adversely affected by other financial, organization, and/or competitive things.

Even more data on the things and pitfalls that could bring about actual success to vary from any forward-hunting statements are contained in our filings with the United States Securities and Exchange Fee (SEC), which are offered at https://www.sec.gov (or at https://www.partsidinc.com). The forward-on the lookout statements represent our estimates as of the day hereof only, and we especially disclaim any responsibility or obligation to update ahead-seeking statements.

Investors:
Brendon Frey
ICR
[email protected] 

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Media:
Erin Hadden
FischTank PR
[email protected]