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Taylor Davis and Jingwei Yu recognized by the Manufacturing Institute as 2025 Women MAKE Awards Winners.
AKRON, Ohio, March 6, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company's Taylor Davis, staff electrical engineer, and Jingwei Yu, finance director, Asia Pacific Operations, have been recognized as 2025 Women MAKE Awards Winners.
The annual Women MAKE Awards are given out by the Manufacturing Institute (MI), the workforce development and education partner of the National Association of Manufacturers, and highlight women leaders in manufacturing, encouraging awardees to mentor and inspire the next generation of women in the field. The awards are part of the MI's Women MAKE initiative, a platform for women to showcase the wide-ranging and dynamic opportunities available in manufacturing.
The Cooper® WORK Series™ RHA 2 tire combines the fuel efficiency of a long-haul tire with the toughness of a high-scrub regional tire for super-regional and regional all-position commercial applications
AKRON, Ohio, Feb. 20, 2025 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the new Cooper® WORK Series™ Regional Haul All-position (RHA) 2 tire for super-regional and regional all-position commercial vehicle applications. The new Cooper WORK Series RHA 2 is SmartWay* verified and offers long miles to removal and even-wear for the growing super-regional commercial vehicle category.
Full year Goodyear net income of $70 million (24 cents per share); adjusted net income of $302 million ($1.05 per share)
Fourth quarter Goodyear net income of $76 million (26 cents per share); adjusted net income of $114 million (39 cents per share)
Full year Segment Operating Margin expansion across all three business units
Goodyear Forward drives 2024 benefits of $480 million, exceeding plan
Fourth quarter cash flows from operating activities of $1.3 billion
Company reaffirms expanded Goodyear Forward targets, significant deleveraging expected in 2025
AKRON, Ohio, Feb. 12, 2025 /PRNewswire/ -- In celebration of the Goodyear Blimp's 100th anniversary, The Goodyear Tire & Rubber Company (NASDAQ: GT) today unveiled a commemorative, blimp-themed sidewall design that will outfit all NASCAR stock cars for NASCAR's Official Throwback Weekend at Darlington Raceway, including both the Goodyear 400 and the Xfinity series races.
Goodyear's Eagle racing tires will feature an historic image of Goodyear's first branded blimp, "Pilgrim," which took flight in 1925, as well as a banner calling out the 100-year milestone. With its traditional throwback theme, the Goodyear 400 race serves as an ideal moment during this year's NASCAR season to reflect on the Goodyear Blimp's 100-year history. Additionally, Darlington Raceway, home of the Goodyear 400, is also celebrating its 75th anniversary in 2025.
AKRON, Ohio, Feb. 11, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that David Anckaert has been named Chief of Product Strategy and Planning, reporting to Chief Executive Officer and President Mark Stewart, effective immediately.
"David is a natural fit to lead the development of Goodyear's global product, services and solutions portfolio to maximize our end-to-end customer value proposition," said Stewart. "I am confident that David's leadership and our talented product teams around the world will enable a globally connected approach that will provide vitality in the marketplace and fill white space with Goodyear's industry-leading products."
AKRON, Ohio, Feb. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company will report fourth quarter and full-year 2024 financial results after market close on Thursday, February 13, followed by an investor conference call at 9:00 a.m. ET on Friday, February 14.
The Company will publish its results on February 13, in the form of an Earnings Release and an additional presentation on its investor relations website: http://investor.goodyear.com. The following morning, the Company will host an investor call.
AKRON, Ohio, Feb. 3, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company, Limited, effective February 3, 2025, in an all-cash transaction valued at approximately $905 million.
"The sale of the OTR business is a significant milestone in Goodyear's transformation," said Goodyear Chief Executive Officer and President Mark Stewart. "Our portfolio is now more streamlined, driving further efficiencies and enhancing our focus on our core industry-leading products and services."
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 retains its rights to the Dunlop trademarks for use on motorcycle tires in Europe and Oceania
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 brand, comprising trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tires ("Dunlop Brand"), together with certain associated intellectual property, to Sumitomo Rubber Industries, Ltd. (TYO: 5110) ("SRI").
AKRON, Ohio, Jan. 7, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), in collaboration with TNO, has announced a significant advancement to vehicle safety systems. The integration of tire intelligence technology into the automatic emergency braking (AEB) system of a vehicle has demonstrated the potential to mitigate crashes, particularly in challenging road conditions.
AKRON, Ohio, Jan. 1, 2025 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced its plans to celebrate the 100th anniversary of the Goodyear Blimp. From flights over more cities to appearances at new events, chances for fans to fly, limited-edition collectors' items and a few larger-than-life-surprises, Goodyear will bring the American icon closer to its fans in 2025 to commemorate its past, present and future.