Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber …
3 days ago · Gross cash proceeds at closing of approximately $701 million. Advances Goodyear Forward transformation plan, optimizes portfolio of brands. Goodyear to supply Dunlop tires to Sumitomo Rubber Industries pursuant to a five-year Transition Offtake Agreement in Europe. Goodyear to license back the Dunlop trademarks for use on commercial (truck) tires, and …
Goodyear to sell Dunlop tire brand to Sumitomo Rubber …
1 day ago · Dunlop tires generated about $755 million in sales for Goodyear in 2023, split between consumer ($532 million), commercial ($201 million), and specialty tires ($22 million).
Goodyear Names Don Metzelaar Senior Vice President, Global ...
19 hours ago · Goodyear is one of the world's largest tire companies. It employs about 71,000 people and manufactures its products in 54 facilities in 21 countries around the world.
News | Goodyear Corporate
Jan 1, 2025 · Browse Goodyear’s latest news releases and sign up to receive updates for breaking Goodyear news. Gross cash proceeds at closing of approximately $701 million Advances Goodyear Forward transformation plan, optimizes portfolio of brands Goodyear to supply Dunlop tires to Sumitomo Rubber...
Goodyear Announces Sale of Off-The-Road Tire Business to …
AKRON, Ohio, July 22, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell its Off-the-Road ("OTR") tire business to The Yokohama Rubber Company, Limited (TYO: 5101) ("Yokohama") for $905 million in cash. The transaction follows a ...
Goodyear’s smart tires can sense rain and ice for ... - The Verge
2 days ago · His work has appeared in The New York Daily News and City & State. Jan 7, 2025, 1:00 PM UTC. Share this story. Image: Goodyear. ... But with Goodyear’s smart tire technology, named SightLine ...
Goodyear Announces Sale of Dunlop Brand to Sumitomo
2 days ago · AKRON, Ohio, Jan. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell the Dunlop ...
Tire Maker Goodyear to Sell Dunlop Brand to Japan's ... - U.S. News
2 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... -Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's ...
Sumitomo Rubber acquires Goodyear’s Dunlop tire brand for …
1 day ago · Impact on Financial Performance when Goodyear sells the Dunlop brand. Dunlop consumer tire sales reached $532 million in 2023, with commercial tire sales at $201 million and specialty tire sales at $22 million, Goodyear said. Goodyear will retain rights to Dunlop motorcycle tire trademarks in Europe and Oceania.
Goodyear Tire to cut around 1,200 jobs in restructuring drive
Sep 8, 2023 · Goodyear Tire & Rubber has approved a rationalization and workforce reorganization plan in Europe, the Middle East and Africa that would lead to 1,200 job cuts, the company said in a regulatory...