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Goodyear and Sumitomo have a significant history together when it comes to the Dunlop brand. In 1999, Goodyear acquired 10% of SRI, creating a nearly $16 billion joint venture that gave Goodyear ...
Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop brand to Sumitomo for $701 million in cash. The transaction includes ...
Goodyear said Sumitomo Rubber will pay the U.S. company about $701 million at closing for the transfer of the Dunlop brand across the relevant geographies, certain fees associated with the ...
Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business.
Members of United Steelworkers of America Local 135 at the Goodyear Dunlop Tires North America plant in the Town of Tonawanda have voted on a tentative contract, but the results ...
AKRON — Independent Goodyear tire dealers generally won't miss the Dunlop brand when the tire maker divests the tire line under its recently disclosed "Goodyear Forward" reorganization plan.. Dealers ...
But now under Goodyear's ownership Dunlop has been sucking a lot of wind, selling poorly compared to its competitors and suffering from a dearth of marketing support.
BRUSSELS — Even as it seeks a buyer for rights to the Dunlop brand in North America and Europe, Goodyear has recast Dunlop in its European portfolio as its "pan-European" value brand, positioned ...
To breathe some new life into a venerable truck tire brand Goodyear Tire & Rubber Co. will market its latest tractor steer tire under the Dunlop name.
This story was updated to add new information. The Goodyear Tire & Rubber Co. is offloading most of its connections with the Dunlop brand, the Akron company announced Tuesday after reaching a deal ...
Goodyear Tire & Rubber GT 1.80 % increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 2.85 % increase; green up pointing triangle for ...