Goodyear reports 1st quarter 2019 results

– First quarter revenue per tire up 4%, excluding foreign exchange – U.S. consumer replacement tire shipments increase 6% – Modernization of Hanau and Fulda plants will increase cost-effective supply of premium tires – Goodyear extends maturity and increases liquidity in €800 million European revolving credit facility refinancing AKRON, Ohio, April 26, 2019 – The Goodyear […]

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Goodyear Tire to cut 1 000+ jobs at German plants in plan to modernise facilities

The Goodyear Tire & Rubber Co. said this week it expects to cut 1,100 jobs at two of its Dunlop tyre plants in Germany as part of a plan to modernise tyre manufacturing facilities and curtail production. The decision to curtail the production of less profitable tyre segments led to the job cuts, according to […]

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Goodyear, Local Motors Join Forces On Autonomous Shuttles

The Goodyear Tire & Rubber Co. is expanding its ongoing work with autonomous or driverless vehicles, which includes being named the exclusive tire supplier for a leading autonomous passenger shuttle. Goodyear has teamed with Arizona-based Local Motors to conduct tire testing with an Olli, the brand name of an eight-passenger autonomous shuttle. Local Motors also has selected […]

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8 Goodyear Sumitomo

BREAKING NEWS! Goodyear Tire & Rubber Co. to pay $271 million to end alliance with Sumitomo Rubber Industries Ltd.

8 Goodyear SumitomoGoodyear Tire & Rubber Co. has agreed to pay $271 million to Sumitomo Rubber Industries Ltd. (SRI) to dissolve its joint venture agreement with the Japanese company that spans three continents, according to a news release.

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