Goodyear Q1: Sales Down 15% from 2019, Net Loss of $619M
Goodyear says its Q1 decline was driven by lower industry volume, which was significantly impacted by the COVID-19 pandemic.
The All-Season Tire Continues to Evolve
As consumer demands for these tires change, manufacturers are finding new ways to improve upon the all-season formula.
Goodyear to Permanently Close Gadsden, Ala. Factory
The company expects the closure of the plant, combined with other rationalization actions, to result in approximately $130 million of annual savings in 2021 when compared with 2019.
The Never-Ending Quest to Improve Fuel Efficiency
If a tire is built with the singular goal of being as fuel-efficient as possible, it is probably not going to be at the head of its class in some other areas of design, such as durability and longevity.
Auto Suppliers ‘Most Vulnerable’ During COVID-19 Outbreak
Moody’s says auto suppliers land in the “high exposure” category of Moody’s Coronavirus heat map, indicating potential near-term implications for credit quality and possibly ratings.
Financial Report: Cooper Tire Net Sales Down YoY
Cooper reported 2019 net sales at $2.75 billion, compared with $2.81 billion the prior year. Net sales decreased 2.6% to $750 million, according to the report.
2020 OTR Conference: Yokohama Predicts the Future of OTR Tires
Yokohama President Jeff Barna and Bruce Besancon, vice president of OTR sales, named six areas the OTR industry should be prepared to see rapid change.
Executive Interview: Yokohama President Jeff Barna is Taking the Company Back to the Future
Yokohama President Jeff Barna sat down with Tire Review to talk about releasing nine new consumer products in 2019; tire technology; the future of the tire industry; and how Yokohama plans to take care of dealers through 2020 and beyond.
OTR Industry Gets 2020 U.S., Canada Economic Update
Attendees were given a look at various economic forecasts affecting OTR sales during this year’s OTR Conference.
Video: Engaging Millennial Employees in the OTR Industry
During the 2020 Off-the-Road Conference held in Indian Wells, California, panel members of young industry professionals offer their thoughts on what employers and managers need to start doing today to prepare for the future.
TIA 2021 OTR Conference Location, Dates Announced
Registration details for next year’s conference in Tucson, Arizona will be available later this year.
Double Coin Tires/CMA Adds Two New Warehouses on West Coast
The two warehouses added 225,000 units to Double Coin’s capacity.