Goodyear declares dividend on common stock

Directors of The Goodyear Tire & Rubber Company have declared a quarterly dividend of US$0.16 per share of common stock. The dividend is payable 2 March 2020 to shareholders of record on 3 February 2020. The payout represents an annual rate of 64 cents per share.

Read the source article at Tyrepress

Goodyear to Advance Future Mobility with Launch of New Venture Capital Fund

LAS VEGASJan. 7, 2020 /PRNewswire/ — Today at the 2020 Consumer Electronics Show, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced a new venture capital fund, Goodyear Ventures, with $100 million targeted for new investments in future mobility solutions over the next 10 years. 

Goodyear Ventures will continue and expand Goodyear’s growing relationships in new mobility, with a focus on partnering and investing in startups with a shared vision of sustainable, safe and new mobility experiences that make life’s connections easier every day. 

Read the source article at PR Newswire

Goodyear Launches ‘AndGo’ Fleet Servicing Platform at CES

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LAS VEGAS, Jan. 7, 2020 /PRNewswire/ — At the 2020 Consumer Electronics Show, The Goodyear Tire & Rubber Company (NASDAQ: GT) unveiled AndGo, a seamless vehicle servicing platform that combines predictive software and a trusted, national service network to enable consumer fleets to be…

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Editorial: Tire makers end year riding winds of change

Change is that inevitable breeze that seems to stir up everything in its path.

And as a new year approaches, the winds of change often pick up gale-force strength.

Two of the world’s top three tire manufacturers announced changes recently that will affect business in 2020.

Read the source article at Tire Business

Goodyear unveils life-sized mascot for 84th Goodyear Cotton Bowl Classic

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Goodyear Tire unveils life-sized sculptures of the participating teams’ mascots created from Goodyear tires as part of the 84th Goodyear Cotton Bowl Classic.

These sculptures embody the dedication to outstanding performance built into each tire and every player and coach on the teams.

Read the source article at Traction News

Goodyear expands Midwest presence by purchasing Raben Tire

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Goodyear Tire announced that it is expanding its company-owned presence in the Midwest by purchasing Raben Tire Company.

The purchase advances Goodyear’s Connected Business Model and enables Goodyear’s ability to win and grow in the rapidly changing tire business by making it easier for consumers and fleets to buy and recommend Goodyear tires.

Read the source article at Traction News

Goodyear exclusive tyre partner for top Dakar Rally teams

Goodyear will be the official tyre supplier to two top teams in the upcoming Dakar Rally . The rally returns to its roots in the desert on 5 January in Jeddah, Saudi Arabia, and the shift to a new continent presents new challenges to tyre suppliers, drivers and vehicles. The 2020 rally will run over sand dunes, rocky canyons and wadis or dry riverbeds, all on standard truck tyres.

Read the source article at Tyrepress

Hera Kitwan Siu Elected to Goodyear Board

AKRON, Ohio, Dec. 9, 2019 – Hera Kitwan Siu, chief executive officer, Greater China, for Cisco Systems, Inc., has been elected to the board of directors of The Goodyear Tire & Rubber Company.

“We are pleased to welcome Hera Siu to the Goodyear Board of Directors,” said Goodyear Chairman, Chief Executive Officer and President Richard J. Kramer. “Hera is a dynamic and transformative leader who has spent her career breaking new ground, launching innovative go-to-market strategies and growing companies. As we continue to position Goodyear as a leader in the future of mobility, her extensive technology background and deep knowledge of the China marketplace will be extremely valuable to the company and its shareholders.”

Read the source article at Goodyear Corporate

Goodyear Begins Intelligent Tire Pilot with European Fleets

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The Goodyear Tire & Rubber Company has initiated a new pilot program with Redspher, a transport and logistics group operating in 19 countries throughout Europe.

The latest agreement involves Goodyear supplying its intelligent tires – equipped with embedded sensors – through Redspher, to a variety of fleets connected to Redspher’s shared services platform called Rubiwin.

Read the source article at Tire Review

Goodyear OE on Tesla Cyber Truck?

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During the last week Elon Musk and Tesla have been busily promoting their latest innovation – the Cyber Truck. The combination of its angular design and hugely powerful drivetrain will certainly turn heads. And, if the initial orders are anything to go by, it is set to be very disruptive in the growing SUV/pickup sector. Indeed, during the first 72 hours after the Cyber Truck’s launch 300,000 vehicles were pre-ordered – enough to put the Cyber Truck in the top 10 for annual US sales.

Read the source article at Tyrepress