The Goodyear Tire & Rubber Company (GT) News
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Latest GT News From Around the Web
Below are the latest news stories about GOODYEAR TIRE & RUBBER CO that investors may wish to consider to help them evaluate GT as an investment opportunity.
Goodyear to divest Dunlop brand to Sumitomo Rubber for $701mGoodyear plans to use the proceeds from this transaction to reduce debt. |
Goodyear Celebrates the Road to the National Championship Through the 89th Goodyear Cotton Bowl Classic With Innovative Tire Art Honoring The University of Texas and The Ohio State UniversityGoodyear (NASDAQ: GT) will return to the iconic Goodyear Cotton Bowl Classic in 2025 with an exciting blend of tradition, innovation, and cutting-edge technology. Continuing its decades-long connection with college football, Goodyear's involvement in the 2025 College Football Playoff Semifinal at the 89th Goodyear Cotton Bowl Classic will feature a tribute to the passion and energy of the game through dynamic tire art, on-site activations and a showcase of its newest tire technology. |
Goodyear Signs Contract to Sell Dunlop to Sumitomo RubberGT signs a definitive agreement to sell the Dunlop brand to Sumitomo Rubber, including trademarks and intangible assets necessary for its operations. |
Goodyear Names Don Metzelaar Senior Vice President, Global Manufacturing and Supply ChainThe Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Don Metzelaar has been named senior vice president, Global Manufacturing and Supply Chain, reporting to Chief Executive Officer and President Mark Stewart, effective January 13. |
Self-Driving Cars Don’t Do Snow. Goodyear Says the Solution Is Smarter Tires.Autonomous vehicles are gaining popularity in drier climates, but struggle with knowing when to brake in snowy, icy conditions |
Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward PlanThe Goodyear Tire & Rubber Company (NASDAQ:GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of around $701 million. The purchase amount covers the brand transfer across Europe, North America, and Oceania, a transition support fee, and Dunlop tire inventory purchase. The deal also includes ongoing offtake, licensing, and other commercial arrangements. Dunlop brand includes trad |
Goodyear Agrees to Sell Dunlop Brand to Sumitomo Rubber for $701 MillionGoodyear Tire & Rubber (GT) said late Tuesday that it has agreed to sell its Dunlop brand to Sumitom |
Goodyear Plans to Sell Dunlop Brand for About $700 MillionThe Ohio-based tiremaker said it agreed to sell the Dunlop brand to Japan’s Sumitomo Rubber Industries. |
Tire maker Goodyear to sell Dunlop brand to Japan's Sumitomo Rubber for $701 millionThe sale covers the Dunlop brand and its trademarks in Europe, North America and Oceania, the company said. Goodyear said it will continue to sell Dunlop-branded tires for passenger cars in Europe through at least Dec. 31 this year and will pay a royalty to Sumitomo Rubber. Goodyear will then continue to supply certain Dunlop-branded tires to Sumitomo in Europe for five years. |
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber IndustriesThe 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"). |