Sumitomo Rubber announced on May 8 that it completed on May 7 the acquisition of the Dunlop trademark and other rights for four-wheel tires in Europe, North America, and Oceania from The Goodyear Tire & Rubber Company. Sumitomo Rubber paid $631 million for the trademark and contractual rights, as well as transition support costs related to the transition of Dunlop...
Yokohama Rubber will acquire the off-the-road tire (OTR) business for mining and construction vehicles of U.S.-based tire producer and distributor Goodyear. The acquisition is priced at $905 million and will be completed after receiving approval from the relevant authorities. Goodyear’s OTR business had sales of $678 million in fiscal 2023, EBITDA of $129 million, and an EBITDA margin of 19.0%....
Goodyear Japan has begun providing tires for buses operated by Ogasawara Village to help preserve the environment in the Ogasawara Islands, one of Japan’s World Natural Heritage sites. On March 3, a ceremony was held at the Takeshiba Passenger Boat Terminal on Ogasawara Day to present a donation catalog. Under its global CSR slogan “Goodyear Better Future,” the company has...
Goodyear and electronic components manufacturer TDK will collaborate to develop next-generation tire solutions to accelerate the development and widespread use of integrated intelligent hardware and software for tires and vehicles. The companies aim to bring high-performance tire sensing systems to market by combining Goodyear’s expertise in tire development, intelligent solutions and industry trends with TDK’s technical capabilities in software, sensors,...
Goodyear announced premium products for the Asia-Pacific region at an event on September 12 themed around its history of 125 years. It also highlighted its history of industry-leading innovation and announced an increased commitment to an even more sustainable Better Future going forward. The new products announced include the Eagle F1 Asymmetric 6 luxury sport tire, the Wrangler DuraTrac RT...
To commemorate its 125th anniversary on August 29, Goodyear has produced a commemorative video series that introduces the company’s 125-year history and its efforts to realize the mobility society of the future. It has compiled its 125-year history into seven videos, which are being released sequentially on the official Goodyear Japan YouTube channel. The YouTube channel can be accessed from...
