Goodyear said it intends to use transaction proceeds to reduce leverage and fund initiatives in connection with the Goodyear ...

Goodyear has finalized its $905 million divestiture of its off-the-road tire business to Yokohama. Announced in July 2024, ...

Yokohama Rubber Co. has completed its acquisition of Goodyear's off-the-road (OTR) tire business in an all-cash transaction ...

The OTR business provides specialized tires for the mining & construction industries among others. The two companies’ agreement on the transaction was announced on July 22, 2024. Yokohama Rubber plans ...

In context: While tires may never steal the spotlight from more glamorous automotive components, their importance and the sophistication of their development should not be underestimated.

The Goodyear Tire & Rubber Company (GT) has finalized the sale of its off-the-road (OTR) tire business to The Yokohama Rubber ...

In silico tire development now extends much further into the tire testing process, as Goodyear is using driver-in-the-loop simulators— similar to the kind used in motorsport —to perform dynamic tire ...

Goodyear is also focusing on expanding its premium product offerings, including the launch of new tire models. However, the company anticipates a 4% decline in global unit volumes for Q4 2024 and ...

Yokohama has announced that its acquisition of Goodyear Tire & Rubber’s OTR business concluded on 4. The OTR business ...

Goodyear Tire & Rubber Co (GT) stock saw a decline, ending the day at $8.87 which represents a decrease of $-0.36 or -3.90% from the prior close of $9.23. The stock opened at $9.16 and touched a low ...

Goodyear completes the $905M OTR tire sale to Yokohama, streamlining its portfolio and focusing on core business growth.