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March 16, 2011

ATD reports 13.3% increase in net sales for 2010

American Tire Distributors Holdings Inc. and its wholly-owned subsidiary American Tire Distributors Inc. reports the consolidated net sales for its fiscal year ended Jan. 1, 2011, were $2,460.2 million, a $288.4 million or 13.3% increase compared with fiscal 2009.

Tags: ATD, financials

February 10, 2011

Closure of plant plays into Goodyear's 'selective strategies'

Goodyear Tire & Rubber Co.’s plans to close its Union City, Tenn., tire manufacturing facility by the end of 2011 “is part of its strategy to reduce high-cost manufacturing capacity globally and provide cost effective high-value-added products that the market is demanding while continuing to make high quality products for its customers.”

Tags: financials, Goodyear, Plant closure

February 10, 2011

Goodyear announces financial results, plans to close plant

The Goodyear Tire & Rubber Co. today reported fourth quarter and full-year 2010 results, and announced plans to close its plant in Union City, Tenn.

Tags: financials, Goodyear

November 1, 2010

Yokohama tire sales increase 18.5%

Yokohama Rubber Co. Ltd. Reports its sales in the first half of the present fiscal year increased 17.9% over the same period of the previous fiscal year, to 238.3 billion yen.

Tags: financials, Yokohama

November 1, 2010

Cooper ramps up inventory levels

Roy Armes, chief executive officer of Cooper Tire & Rubber Co., said the company's plants are now ramped up and running at high utilization rates to meet customer demands and increase inventory levels.

Tags: Cooper, financials

November 1, 2010

Cooper reports third quarter results

Cooper Tire & Rubber Co. today reported net income attributable to Cooper Tire of $45 million for the quarter ended Sept. 30, 2010, a decrease of $2 million from the same period in 2009. Net sales were $883 million, an increase of $80 million, or 10%, from the prior year. Operating profit was $67 million for the quarter, a $4 million decrease compared with $71 million in 2009.

Tags: Cooper, financials

October 4, 2010

Titan schedules earnings conference

Titan International Inc. will hold an earnings conference call for its third quarter that ended Sept. 30, 2010, at 9 a.m. Eastern time on Thursday, Oct. 28.

Tags: financials, Titan, Titan International

July 30, 2010

Michelin reports sales increases for first half

Michelin Group has announced an increase in sales volumes of 15.3% for the first half of 2010.

Tags: financials, Michelin

July 29, 2010

Goodyear is 'on right path' to hit targets, says Kramer

In a conference call to discuss Goodyear Tire & Rubber Co.'s second quarter results, Richard Kramer, president and chief executive officer, said the company’s growth in the second quarter “demonstrates that we pulled the right levers during the economic downturn.”

Tags: financials, Goodyear

July 19, 2010

Titan to hold earnings conference

Titan International Inc. will hold an earnings conference call for its second quarter that ended June 30, 2010, at 9 a.m. Eastern Standard Time on Wednesday, July 28.

Tags: Earnings report, financials, Titan, Titan International

April 19, 2010

Cooper to release first quarter financials

The Cooper Tire & Rubber Co. will announce its first quarter 2010 financial results before the market opens on Wednesday, May 5.

Tags: Cooper, financials

April 16, 2010

Goodyear to report first quarter financials

The Goodyear Tire & Rubber Co. will report first quarter 2010 financial results before markets open on Wednesday, April 28, to be followed by an investor conference call at 10 a.m. EDT.

Tags: financials, Goodyear

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