Goodyear Tire & Rubber Company is a leading global manufacturer of tires and rubber products, specializing in the design, production, and marketing of a wide range of tires for various vehicles, including passenger cars, trucks, and motorcycles
The company is committed to innovation, advancing tire technology, and enhancing performance through research and development. In addition to tire manufacturing, Goodyear also provides automotive services and related products, focusing on customer satisfaction and sustainability. With a presence in numerous countries, Goodyear continues to uphold a strong brand reputation built on quality, reliability, and performance in the tire industry.
A robust auto sales market bodes well for auto maintenance stocks, which can still flourish in weak auto sales environments. These 2 stocks can thrive in 2025.
Goodyear Tire & Rubber is selling its Off-the-Road (OTR) tire business to The Yokohama Rubber Company for $905 million in cash. This deal is part of Goodyear's broader Goodyear Forward transformation plan, aiming to streamline operations and reduce debt.
The report highlights that EV tires wear out faster due to greater vehicle weight and higher torque. However, EV owners are often unaware of these performance differences.
