Goodyear Makes Leadership Changes After Cooper Acquisition
Goodyear has named Ryan Patterson as senior vice president, business integration (left), and Nathaniel Madarang as president of Goodyear Asia Pacific.
Goodyear-Cooper Deal: Benefits, Challenges & What’s Ahead
While the market reacted favorably to the transaction, questions remain about how these two companies will integrate and the long-term benefits for both—and dealers—down the line.
Goodyear-Cooper Deal: Questions Remain for Dealers
Financial analysts and dealers weighed in on trickle-down effects the deal would have on the tire supply chain.
Cooper to Recall Some Tires Due to Sidewall Issue
According to the National Highway Traffic Safety Administration, the tires may develop a bulge or separation in the sidewall.
Cooper Recalls Some Mastercraft Grand Touring Tires
The tires may have low tread gauge in the shoulder slot area which could cause tread separation and sidewall failure, the National Highway Traffic Association Says says.
Goodyear CEO: Cooper Acquisition Means Better Dealer Service
Goodyear Chairman, CEO and President Rich Kramer and Cooper Tire President and CEO Brad Hughes outlined benefits of the $2.8 billion acquisition, praising the deal as an opportunity for future value creation.
Cooper Sees Unit Volume Decrease of 13% in Fiscal 2020
Cooper’s net sales were $2.52 billion compared to $2.75 billion the prior year, and in the fourth quarter, global unit volume decreased 9.8% compared to the fourth quarter of 2019.
Goodyear to Acquire Cooper Tire for Approx. $2.8B
The transaction, expected to close in the second half of 2021, will expand Goodyear’s product offering and combine both companies’ strengths in the light truck and SUV product segments.
Cooper Tire Adds New Member to Board of Directors
Tyrone Michael (T.J.) Jordan is the former president and chief operating officer of Dura Automotive Systems.
Cooper Tire Donates 10k Toy Cars to Toys for Tots
Cooper will also collect a variety of toys at its offices, manufacturing plants and technical centers in the U.S.