tires

JPMorgan analyst Ryan Brinkman moved Goodyear Tire & Rubber (NASDAQ:GT) from no rating to Overweight and a price forecast of $17. The analyst says that the decision reflects improved execution, ongoing debt reduction, sharper operational focus and anticipated benefits from newly implemented...

One of the largest tire companies in the world is diving deeper into integration with electric vehicles. Here’s a look at the plans from The Goodyear Tire & Rubber Company (NASDAQ: GT) in the EV space. What Happened: Goodyear Tire announced the launch of the new Goodyear ElectricDrive...

Cooper Tire & Co (NYSE: CTB) is rapidly building up its commercial business line, which was first launched two years ago with five tire lines. Today, the line includes 11 tires and continues to grow its customer base, Gary Schroeder, director of global truck and bus tire business for the...

As Michelin transitions to a mobility and technology company,it's offering more services that leverage scale and digital capabilities to drive down fleet costs. The latest is its Services and Solutions arm, including a new Digital Services Platform that features a trailer-maintenance program. The...

A chemical manufacturing complex in southeast Texas was rocked by several explosions on Nov. 27, affecting production of synthetic rubber used for tires and hoses in the automotive industry. No fatalities were reported, but officials ordered a mandatory evacuation for 50,000 people living within a...

Cooper Tire & Rubber Co. (NYSE: CTB) recently announced a plan to increase ownership in its joint venture tire plant in Guadalajara, Mexico, from 58% to 100%. The Findlay, Ohio-based company has been involved in a venture partnership at the Corporación de Occidente (COOCSA) plant with...

The latest editions to the Cooper Tire Commercial Series lineup signify the company's move from just a provider of tires to owner-operators and small fleets, to one that that offers original equipment options to fleets of all sizes. "We now have this full complement of long-haul products, which...

A new name for its Powertrain division and a new vision for its future are among the changes taking place at Continental AG. The global technology supplier perhaps best known for its tire division, is making rapid investments in its mobility business as part of its Transformation 2019-2029...

Michelin rolled out its new high-tech airless tire for passenger vehicles at the kick off of the Movin'On Summit for sustainable mobility on June 4 in Montreal. The prototype, the Michelin Uptis, is part of a joint research partnership with General Motors. The companies plan to start real-world...

Tire companies like Goodyear Tire & Rubber Co (NASDAQ: GT) continue to face multiple headwinds and implies investors should hold a bearish stance on the stock, according to Goldman Sachs. The Analyst David Tamberrino downgraded Goodyear Tire from Neutral to Sell with a price target lowered from...

Amazon.com, Inc. (NASDAQ: AMZN)'s partnership with Sears Holdings Corp (NASDAQ: SHLD) started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations. What...

What would have been an historic deal, creating a new tire company giant, has gone flat – and both sides are blaming each other for the blow-out. On Monday, Ohio-based Cooper Tire & Rubber Company (NYSE: CTB) announced it was terminating its proposed merger with India's Apollo Tyres. The...

In its recent report, "World Energy Outlook," the International Energy Agency predicted the biggest increase in motor vehicle traffic would be from trucks. That projection is a result of more motor traffic expected in Asia, in the decades ahead. Three publicly-traded companies that should...