Goodyear And Enovos To Build Luxembourg s First Large Solar Carport
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COLMAR-BERG, Luxembourg, May 17, 2021 /PRNewswire/ As part of its commitment to reduce CO
2 emissions, The Goodyear Tire & Rubber Company (NASDAQ: GT) is working together with energy supplier Enovos to build two large solar power stations at its testing facilities in Colmar-Berg, Luxembourg, which will provide clean energy for Luxembourg citizens.
The first power station will be a photovoltaic carport consisting of 1 500 solar panels, covering a parking lot of around 4 000 m
2. With an annual production of 657.500 kWh, the carport will be the first in Luxembourg of this scale and will generate enough energy to supply a number of households.
Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition
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AKRON, Ohio, May 13, 2021 /PRNewswire/ The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of 8- and 10-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other customary closing conditions.
Goodyear intends to use the net proceeds from this offering, together with cash on hand and borrowings under its revolving credit facility, to fund the cash portion of the consideration for the acquisition of Cooper Tire & Rubber Company and to pay fees and expenses in connection with such acquisition and the other transactions related thereto.
Goodyear Reports First Quarter 2021 Results
First quarter Goodyear net income of $12 million; adjusted net income of $102 million
First quarter segment operating income of $226 million, strongest first quarter since 2018
Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment Record first quarter consumer replacement volume in Asia Pacific
Americas, EMEA consumer OE volumes outpaced market
First quarter revenue per tire up 3%, excluding foreign currency
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AKRON, Ohio, April 30, 2021 /PRNewswire/ The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the first quarter of 2021. We delivered impressive segment operating income, which was significantly above first quarter 2020 results and also nearly 20 percent higher than first quarter 2019 despite sales volumes not yet having fully recovered to pre-COVID levels, said Richard J. Kramer, chairman, c
Goodyear 400 To Debut At Darlington Raceway May 9
Goodyear announces entitlement sponsorship for the Official Throwback Weekend of NASCAR s Cup Series Race
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DARLINGTON, S.C., April 14, 2021 /PRNewswire/ Darlington Raceway and Goodyear (NASDAQ: GT) today announced a partnership on the entitlement of the spring NASCAR Cup Series race as part of the Official Throwback Weekend of NASCAR on May 9. The official name of the race will be the Goodyear 400.
In keeping with the theme of the Official Throwback Weekend of NASCAR, Goodyear will replace the yellow “Eagle” logo on the sidewalls of its racing tires with a vintage “Blue Streak” sidewall design. The Blue Streak tires reflect the design of NASCAR tires used in the 1960’s and 1970’s.
/PRNewswire/ The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the election of 13 members to the Board of Directors for new one-year terms at the.