In the year since Goodyear Tire & Rubber Co. acquired Cooper Tire & Rubber Co., there have been plenty of questions about what would happen to the five consumer and two truck tire brands Cooper sells in the U.S. We now know the tiremaker has stopped producing at least one of those brands.
Goodyear Tire & Rubber Co. says it remains "on track to deliver the full value" of what the company calls its "integration" of the former Cooper Tire & Rubber Co.
Less than a year after Goodyear Tire & Rubber Co. finalized its purchase of Cooper Tire & Rubber Co., Cooper products have been added to TireHub LLC warehouses.
Sales of Cooper brand tires during 2021 contributed $2.1 billion to Goodyear Tire & Rubber Co.'s full-year results. Goodyear sold $963 million worth of Cooper brand tires during the fourth quarter of 2021.
Goodyear Tire & Rubber Co. says its 2021 sales totaled $17.5 billion, a 42% increase from 2020, "primarily due to the Cooper Tire merger," higher volume and other factors.
The whole tire industry is waiting to see what happens next as Goodyear Tire & Rubber Co. integrates the Cooper Tire & Rubber Co. business into its portfolio. One thing John Healy knows is that Goodyear has found even more savings than the $165 million the tiremaker initially expected to realize.
Goodyear Tire & Rubber Co. officials have announced that Mickey Thompson ET Front tires are now being built at Goodyear's Innovation Center Manufacturing facility in Akron, Ohio.
Goodyear Tire & Rubber Co.'s third quarter 2021 sales totaled $4.9 billion, up 42% from a year ago. Its operating income totaled $372 million, a $210 million increase from one year ago.
Goodyear Tire & Rubber Co.'s Cooper brand maintained its front-and-center booth at the 2021 Specialty Equipment Market Association Show and among the tires on display is the brand’s newest release, the Discoverer Rugged Trek for light trucks and SUVs.
