News

Cooper Enjoys a Full-Year Income-to-Sales Ratio of 8.5%

Cooper Tire & Rubber Co. posted net income of $69.3 million on net sales of $783.9 million for its fourth quarter ended Dec. 31, 2016. That compares to income of $59.2 million on sales of $775.5 million for the same period in 2015.

News

Goodyear Raw Material Costs Increased $300 Million in 3 Weeks

Tire makers worldwide are citing rising raw material costs as the driver of their price increases. Goodyear Tire & Rubber Co. painted a picture of just how extreme the increases have been so far — using words like “volatile” and “unpredictable."

News

Apollo Prepares for Rising Raw Material Costs

Apollo Tyres Ltd. posted net profit of nearly 3 billion rupees on net sales of 34.3 billion rupees for its third quarter ended Dec. 31, 2016. That compares to profit of 2.8 billion rupees on sales of 29.3 billion rupees for the third quarter of Apollo's 2015-2016 fiscal year.

News

Michelin's 3Q Sales Drop 2.4%

Groupe Michelin posted net sales of nearly 5.2 billion euros for the third quarter ended Sept. 30. That compares to sales of 5.3 billion euros for the same period last year.

News

Cooper Tire Increases Its Profitability in 2Q

Cooper Tire & Rubber Co. posted net income of $71.3 million on net sales of $740.3 million for the second quarter of 2016. That compares to income of $60.4 million on sales of $751.8 million for the same period the previous year.

News

Cooper Tire Increases Its Profitability in Fiscal 2015

Cooper Tire & Rubber Co. posted net income of $59 million on net sales of $776 million for the fourth quarter ended Dec. 31, 2015. That compares to income of $86 million on sales of $820 million for the same period in fiscal 2014.

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