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Goodyear Tire & Rubber

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Goodyear Tire & Rubber

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About Goodyear Tire & Rubber

Simplify's Rating
Why Goodyear Tire & Rubber is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

10,001+

Company Stage

IPO

Headquarters

Akron, Ohio

Founded

1898

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion in Oklahoma boosts production and job creation in the region.
  • Investment in Mexico aligns with the growing demand for EV tires.
  • Recognition as an ethical company enhances Goodyear's brand reputation.

What critics are saying

  • Over-reliance on North American market may expose Goodyear to regional downturns.
  • Integration of new technologies like Halo Connect i3 may face operational challenges.
  • Increased competition in EV tire market could impact Goodyear's market share.

What makes Goodyear Tire & Rubber unique

  • Goodyear's $320 million expansion in Oklahoma enhances its production capabilities.
  • Investment in Mexico targets the North American electric vehicle tire market.
  • Partnership with Aperia for Tires-as-a-Service integrates IoT technology.

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Company News

Rubber World
Apr 4th, 2025
Goodyear announces plans for a $320 million expansion of Oklahoma plant

Goodyear announces plans for a $320 million expansion of Oklahoma plant.

Rubber News
Apr 2nd, 2025
Goodyear to expand Okla. plant, its largest worldwide

Goodyear's largest tire factory worldwide is its 46-year-old passenger tire plant in Lawton, Okla.

The Shop Magazine
Mar 25th, 2025
Goodyear Associates Recognized as 2025 Women MAKE Awards Winners

Goodyear associates recognized as 2025 Women MAKE Awards winners.

CNAuto
Mar 13th, 2025
International tire industry dynamics: Green transformation accelerates, supply chain reconstruction and technological innovation go hand in hand

"Nearshore" of European and American supply chains: Inspired by the US "Inflation Reduction Act", Goodyear invested US$600 million to build a factory in Mexico, focusing on the North American electric vehicle tire market; Europe promoted the upgrading of Eastern European production capacity through subsidies.

Goodyear
Mar 12th, 2025
Goodyear again named by Ethisphere as one of the World's Most Ethical Companies(R)

Goodyear again named by Ethisphere as one of the World's Most Ethical companies(r).

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