Mixed financial performance and heavy debt challenges follow Goodyear's acquisition of Cooper Tire.

The Goodyear Tire & Rubber Company announced it has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries (SRI). Goodyear said the sale follows a previously ...

Goodyear said the sale is part of its ongoing transformation plan, focusing on core brands. SRI will pay approximately $701 million in cash for the Dunlop brand, which includes a transition fee for ...

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 ...

Sumitomo will acquire the brand wholly and lead its future.

sell and distribute Dunlop branded consumer tires in Europe through at least December 31, 2025 (subject to extension, as described below). Goodyear will pay a royalty to SRI during this period on ...

(RTTNews) - Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The sale includes trademarks and intangible assets ...

Goodyear Tire & Rubber Co (GT) stock saw a decline, ending the day at $9.15 which represents a decrease of $-0.25 or -2.66% from the prior close of $9.4. The stock opened at $9.41 and touched a low of ...

The Goodyear Tire & Rubber Company's (NASDAQ: GT) Fleet HQ program has now helped 5 million vehicles across North America increase uptime. Goodyear (NASDAQ: GT) will return to the iconic Goodyear ...

Deutsche Bank has recently resumed Goodyear Tire & Rubber Co (GT) stock to Hold rating, as announced on December 20, 2024, according to Finviz. Earlier, on September 5, 2024, Wolfe Research had ...

Goodyear to license back the Dunlop trademarks for use on commercial (truck) tires, and retains its rights to the Dunlop trademarks for use on motorcycle tires in Europe and Oceania The sale of ...

The transaction is subject to regulatory approvals and is expected to close by midyear. Goodyear stock dropped slightly Wednesday, down 11 cents (1.3%) to $8.72 at the close of regular trading. Dunlop ...