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Tire Manufacturers’ Earnings Dip in Q1 Reports

Continental, Hankook and now Cooper are three of the most recent tire manufacturers to report bleak first-quarter earnings.

Tire manufacturers first quarter earnings
Yokohama Reports Record Breaking Sales

Yokohama Rubber Co. has announced its business and financial results for the first three quarters of 2017, including an increase of 39.7% in operating income while posting its highest-ever net sales for first three quarters.

Hankook Tire Reports Growth in Q3

Hankook Tire has reported its financial results for the third quarter of 2017 and showed an increase in its sales and operating profit compared to the second quarter of 2017, but a decrease in its operating profit when compared to this time last year.

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Hankook Reports Q2 Results

Hankook Tire Co. has released its financial results for the second quarter of 2017, announcing sales totaling $1.48 million and an operating profit of $266.7 million.

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Toyo Reports Consolidated Business Results for Second Quarter

Toyo Tire & Rubber Co. has released its consolidated business results for the second quarter of the 2017 fiscal year.

YRC Reports 2016 Earnings

In 2016, the Yokohama Rubber Co.’s profit declined by 48.3% to $166 million.

Goodyear Reports Record Q4 Profits for Americas

Goodyear Tire and Rubber Co. today reported record-breaking earnings in the Americas and strong earnings globally, despite a year-over-year decrease in consumer and commercial tire sales numbers globally.

Goodyear Reports First Half 2016 Results

The Goodyear Tire & Rubber Co. reported $7.6 billion in sales for the first half of 2016, an 8% decrease from 2015’s first half reflecting the “unfavorable foreign currency translation” and the deconsolidation of Venezuala, the tiremaker claims. The tiremaker reported similar currency issues in its 2015 first half results. Tire unit volumes were up

Conti Reports Successful 2015

Continental AG reported a successful year with an increase in net income, sales and earnings in its 2015 financial report. “Continental is in great shape. With our proven business model, we generated free cash flow before acquisitions of 2.7 billion euros in 2015. We increased our equity to 13.2 billion euros, its highest level to

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Ensuring Financial Success for Your Business

Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. You can’t let your business run on autopilot and expect good results. Any business owner knows you need to make numerous adjustments along the way – decisions