Commenting on Goodyear Tire & Rubber Co.’s pending acquisition of Cooper Tire & Rubber Co., Brad Hughes, Cooper's president and CEO, said that “when you look at the whole of it, in most cases, it’s going to offer more opportunities than risk." What’s the Goodyear brand’s current representation among the largest independent tire dealerships in the U.S.? And how many U.S.-based dealerships carry Cooper brand tires?

“The USW has been in contact with management at both companies and will ensure that union members' voices will be heard throughout the process,” a spokesperson from the United Steelworkers union told MTD in reference to Goodyear Tire & Rubber Co.'s pending acquisition of Cooper Tire & Rubber Co.

Goodyear Tire & Rubber Co.'s acquisition of Cooper Tire & Rubber Co. will expand the Akron, Ohio-based tiremaker’s United States-based manufacturing footprint to seven plants and will add an extra 97,000 units of passenger and light truck tire manufacturing capacity to what Goodyear already enjoys.

What hasn’t changed in the last eight years? The sale price of Cooper Tire & Rubber Co. With its second acquisition deal in a decade underway, the price stands at $2.5 billion.

Goodyear Tire & Rubber Co.’s acquisition of Cooper Tire & Rubber Co. “makes sense for both” companies, Rich Kramer, Goodyear’s chairman, CEO and president, said today during a conference call with Cooper President and CEO Brad Hughes. Kramer and Hughes covered a wide range of topics, from brand integration to what the firms’ tire dealers can expect to see, wholesale distribution opportunities and more.

Cooper Tire & Rubber Co., which will be acquired by Goodyear Tire & Rubber Co. later this year, posted full-year 2020 net income of $143 million, up from income of $96 million in 2019.

The newest tires in the Falken lineup offer an update for winter driving: the Eurowinter HS01 and Eurowinter HS01 SUV tires are studless tires that feature a new tread compound.

Yokohama Rubber Co. Ltd.'s full-year 2020 sales declined 12.3% from 2019. The company's operating profit declined 37.8%, 2020 versus 2019.

The seventh generation of the Porsche 911 GT3 will be fitted with Michelin Pilot Sport Cup tires. Michelin Pilot Sport Cup 2 R Connect tires will be available as an option for the car.