Online Tire Market Business Growth Statistics and Key Players Insights: Michelin, Bridgestone, BF Goodrich, Goodyear, Hankook

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Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.

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Goodyear Tire & Rubber : To Present At Morgan Stanley Investor Conference

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AKRON – The Goodyear Tire & Rubber Company today said it will webcast its presentation at the 2018 Morgan Stanley Laguna Conference in California on Sept. 14, 2018 . Richard J. Kramer , chairman, chief executive officer and president, will provide a business overview. A live, audio-only webcast of the presentation will be available at 11:45 a.m. EDT ( 8:45 a.m. PDT ) on the company’s investor relations website: http://investor.goodyear.com.

Read the source article at Stock Market Quotes and News

Itec Q&A with Norbert Majerus

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AKRON—Author Norbert Majerus is one of the nearly 50 presenters set to speak at the International Tire Exhibition & Conference, planned for Sept. 11-13 at the John S. Knight Center in Akron.

Read the source article at Rubber and Plastics News

Goodyear CEO Rich Kramer to speak at ITEC Sept. 12

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AKRON — Goodyear chairman, CEO and president Rich Kramer is slated to deliver his keynote address on Sept. 12, the second day of the three-day International Tire Exhibition & Conference (ITEC) at Akron’s John S. Knight Center.

Read the source article at Tire Business

Goodyear and Case Western Reserve University Launch ‘Beyond Tires’ Innovation Challenge

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AKRON, OhioAug. 24, 2018 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ : GT ), in collaboration with the Weatherhead School of Management at Case Western Reserve University, in Cleveland, Ohio, is sponsoring a hackathon-style competition to identify innovative ideas related to future transportation.

The Goodyear Innovation Challenge invites graduate business and design students from across the U.S. to submit a business case by Oct. 12 in response to the challenge, “How does Goodyear make a play beyond tires?” for the chance to compete in a two-day event at the university’s Larry Sears and Sally Zlotnick Sears think[box], a world-class center for innovation and entrepreneurship.

Read the source article at PR Newswire

Goodyear to Increase Prices on Select Consumer Tires

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Goodyear Tire & Rubber Co. will raise prices on select consumer tire lines, the tiremaker confirmed in a statement to Tire Review.

Most lines will increase prices up to 3%, effective Sept. 1.

The increase, which Goodyear says covers all brands, applies to the U.S. only and “is in response to rising costs and reflects the strong value of the Goodyear brands.,” the company said in a statement.

Read the source article at Tire Review

Goodyear Tire & Rubber Co. (GT) Ceo Rich Kramer on Q2 2018 Results – Earnings Call Transcript

AKRON, Ohio, July 27, 2018 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the second quarter and first half of 2018.

“We delivered strong operating performance in the quarter highlighted by impressive volume growth in our mature markets where we regained share, particularly in the more profitable 17 inch and greater rim sizes in the U.S. and Europe,” said Richard J. Kramer, chairman, chief executive officer and president. “Additionally, we achieved our price/mix and net cost savings goals for the quarter.”

Read the source article at Stock Market Insights

Goodyear Highlights Continuous Improvement in Annual Corporate Responsibility Report

AKRON, OhioJuly 20, 2018 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today released its annual report on corporate responsibility performance. The report summarizes the company’s actions in 2017 in key focus areas.

“In 1898, Goodyear was founded on the values of quality, integrity and responsibility, and those same values continue to guide our decisions and actions today,” said Richard J. Kramer, chairman, chief executive officer and president. “We take our corporate responsibility seriously, working every day to the benefit of our customers, our associates and our communities, while minimizing our impact on the environment.” 

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Michelin Dominates the Conversation Among Automotive Influencers

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In 2017 the brand that had the overwhelming share the tire conversation was Michelin with a convincing 20.15 percent of the discussion. In second was Nitto Tires with roughly half that at 11.97 percent of the conversation. The third most discussed brand at 10.76 was BFGoodrich, edging out Goodyear at 9.2 percent. Rounding out the top five is Pirelli at 8.06 percent of the conversation.

 

Read the source article at Car Reviews

Goodyear Tire & Rubber Co (GT) Holdings Increased by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. raised its holdings in Goodyear Tire & Rubber Co (NASDAQ:GT) by 0.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,253,989 shares of the company’s stock after acquiring an additional 4,122 shares during the period. Levin Capital Strategies L.P. owned approximately 0.52% of Goodyear Tire & Rubber worth $33,331,000 at the end of the most recent reporting period.

Read the source article at American Banking News