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In April 1997, Goodyear officially became the exclusive tire supplier of NASCAR; this deal was subsequently extended until 2022, which theoretically would prevent another tire war. But in late 2006, when Goodyear workers went on strike, NASCAR once again approached Hoosier and proposed a backup plan for the 2007 season. That plan fell through ...
Goodyear stock rose 20% on Thursday afternoon to $14.10 on news of Elliott's involvement. “We value input from our shareholders and regularly engage with them.
In 1999, Sumitomo and Goodyear began a joint venture by which Sumitomo continued to manufacture all Japanese-made tyres under the Dunlop name, while Goodyear Tire and Rubber Company bought 75% of the European and North American tyre businesses of Sumitomo. [10] The company has extensive manufacturing operations throughout the world.
Goodyear was the first global tire manufacturer to enter China when it invested in a tire manufacturing plant in Dalian in 1994. Goodyear was a component of the Dow Jones Industrial Average between 1930 and 1999. [8] The company opened a new global headquarters building in Akron in 2013.
The National Highway Traffic Safety Administration is investigating reports of alleged engine failures in GM's 6.2-liter L87 V-8, an engine used in a wide variety of trucks and SUVs.
Ford argued that the tire design led to higher operating temperatures than similar tires manufactured by Goodyear; that Firestone tires' relatively small wedge, a strip of rubber between the first and second belts, made them weaker and more failure-prone than comparable Michelin tires; and that there were manufacturing problems at the Decatur ...
To rectify those problems, Goodyear staged two additional tire tests at Indy in the fall, the first with only three teams as per the tiremaker's policy September 22 and 23; the other with as many as 12 teams on October 7 and 8 to detect what might have gone wrong and test a new tire to be used for the 2009 race. A total of 7 tests were ...
Waffles sold under dozens of different brand names at Giant Eagle, Walmart, Target and other stores in the U.S. and Canada have been recalled due to possible contamination.
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