Goodyear Tire & Rubber Co. posted a net loss of $11 million on record first-quarter net sales of more than $5.5 billion for the fiscal quarter ended March 31, 2012. That compares to income of $103 million on sales of $5.4 billion for the same period last year.
Tags: Goodyear financials, Rich Kramer
Tire shipments in 2012 are projected to increase by approximately 2% -- nearly 6 million units -- to 290 million units, according to the Rubber Manufacturers Association (RMA).
Tags: Earthquake, Fuel prices, OE tires, RMA, Tire shipments
Financially, Goodyear Tire & Rubber Co. had a record year globally in 2011. How did it fare in the United States and Canada?
Tags: Goodyear financials, OE tires, Raw material costs, USW
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Which seasonal replacement tire segment grew the most in 2011 compared to 2010? According to the preliminary edition of the Rubber Manufacturers Association's "2012 Factbook," the colder, the better.
Tags: All-Season Tires, RMA, UHP tires, Winter tires
The Rubber Manufacturers Association (RMA) released the preliminary edition of its "2012 Factbook" on Feb. 10. The publication is a report on tire shipment activity in the United States for 2011.
Tags: Consumer Tires, Plants, RMA, Tire imports, Truck tires
For the first time, a tire manufacturer has topped the $30 billion mark in global sales. Was it Bridgestone Corp,. Groupe Michelin or Goodyear Tire & Rubber Co.?
Tags: Bridgestone financials, Facts Issue, Goodyear financials, Michelin financials
Consumer tire shipments in the United States were up nearly two million units in 2011 compared to 2010. So says data from the 2012 Modern Tire Dealer Facts Issue.
Tags: Facts Issue, RMA, Tire shipments
On Dec. 2, the Rubber Manufacturers Association (RMA) lowered its 2011 tire shipment forecast to 287 million total units. The new total still represents a nearly 1% increase -- approximately two million units -- this year compared to 2010.
Tags: Consumer Tires, Fuel costs, OE tires, RMA, Tire shipments
Cooper Tire & Rubber Co. reported net income from continuing operations attributable to Cooper Tire of $17 million for the quarter ended Sept. 30, 2011, a decrease of $28 million from the same period in 2010. Net sales were $1.05 billion, an increase of $171 million, or 19%, from the prior year and a record for any quarter.
Tags: company financials, Cooper Financials, Cooper Tire & Rubber Co.
When last we read about what BB&T Capital Markets thought about Cooper Tire & Rubber Co.'s stock, the tire company's growth -- and rating -- were on hold. Or more specifically, Hold(2).
Tags: Cooper Financials, Raw material costs, Stock prices, Tony Cristello
Tire shipments were down in 12% in May, according to tire industry analyst Saul Ludwig. That was worse than expected, and he has reduced stock performance estimates for Cooper Tire & Rubber Co. accordingly.
Tags: Northcoast Research, Saul Ludwig, Stock prices, Tire shipments
Hankook Tire America Corp. is raising prices on its line of commercial tires, including Hankook and Aurora brands, by up to 9%.
Tags: Ag tires, Hankook financials, Industrial tires, Price increase, Raw material costs
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