Goodyear to close two German plants tirebusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tirebusiness.com Daily Mail and Mail on Sunday newspapers.
Officials in Vietnam's Binh Phuoc Province have given Chinese tire maker Shandong Haohua Tire Group the green light to proceed with construction of a passenger and truck tire plant valued at $500 million.
Goodyear said it intends to begin releasing inventory from its Cooper Tire plant in Tupelo., though production still is idled two weeks after a tornado hit the area.
Hankook Tire & Technology has suspended production of tires at its factory in Daejeon, South Korea, following a fire that broke out at the plant on March 12.
Pirelli is throttling back its activities in Russia, amid the ongoing war in Ukraine and continued supply-chain disruptions in the region, and has set up a "crisis committee" to monitor ongoing developments there.