Mixed financial performance and heavy debt challenges follow Goodyear's acquisition of Cooper Tire.
Tire industry analyst John Healy said the Dunlop sale represents continued progress for Goodyear in terms of following through with its goal to exit certain business lines."We’ve now entered ...
Goodyear’s next transaction might be its most painful one for Akron and the company's employees in the city. At the end of ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber ...
Goodyear Tire & Rubber GT1.34%increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 0.09%increase; green up pointing triangle for about ...
(Reuters) -Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business. The ...
is poised to gain from the acquisition of Cooper Tire and Goodyear Forward. However, declining sales volume, high debt and rising capex remain headwinds. Let’s see why you should hold on to this ...
Goodyear Tire & Rubber Co (GT) stock saw a decline, ending the day at $9.26 which represents a decrease of $-0.12 or -1.28% from the prior close of $9.38. The stock opened at $9.46 and touched a low ...
Goodyear Tire & Rubber Co (GT) stock saw a decline, ending the day at $9.29 which represents a decrease of $-0.05 or -0.54% from the prior close of $9.34. The stock opened at $9.28 and touched a low ...
In the world of automotive engineering, tires often take a backseat to more exciting components. While car enthusiasts might ...
sell and distribute Dunlop branded consumer tires in Europe through at least year-end 2025; Goodyear will pay a royalty to Sumitomo during the period on Dunlop sales but otherwise will retain all ...