Sumitomo Rubber USA LLC is planning to resume production at its tire plant in Tonawanda, N.Y., on May 11.
Continental AG expects to post consolidated sales of 9.8 billion euros for the first quarter of 2020 versus sales of 11 billion euros recorded during the same period in 2019.
Like many businesses, Bridgestone Corp. and its Bridgestone Americas Inc. subsidiary have been “under pressure” due to the economic fall-out from COVID-19, says T.J. Higgins, global chief business strategic officer, Bridgestone Corp. “But we’re starting to see glimmers of hope.”
Goodyear Tire & Rubber Co. has started the "limited ramp-up" of its truck tire plants in the United States, Goodyear Chairman, CEO and President Rich Kramer told investors today.
Goodyear Tire & Rubber Co. suffered a net loss of $619 million during the first quarter of 2020 versus a net loss of $61 million during the same period last year.
Goodyear Tire & Rubber Co. will report its first quarter 2020 financial results on Thursday, April 30, to be followed by an investor conference call at 8:15 a.m. EDT.
Goodyear Tire & Rubber Co. has outlined "operational response" and "financial response" actions it is taking in response to first quarter declines, including a $700 million ceiling on capital expenditures this year.
Goodyear Tire & Rubber Co.’s sales during the first quarter of 2020 totaled $3 billion, down from $3.6 billion recorded one year ago, according to “preliminary results” shared by the Akron, Ohio-based tiremaker today.
With the start of its racing season delayed due to COVID-19, the Road to Indy Presented by Cooper Tires has gone virtual with a new five-race e-series, according to Cooper officials.
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