Goodyear Tire & Rubr Co Stock Price, News & Analysis

Goodyear (NASDAQ: GT) has announced the formation of its new Global Racing organization, consolidating all motorsport operations under a unified global structure. The company has appointed Xavier Fraipont as vice president of Global Racing, effective October 1, who will oversee operations including NASCAR, NHRA, WEC, and BTCC.

Fraipont, bringing nearly three decades of Racing and Product Development experience, will report to both Chris Helsel, senior VP and chief technical officer, and Will Roland, senior VP and chief marketing officer. The reorganization aims to strengthen Goodyear's position as an exclusive tire supplier for major racing series and enhance its iconic Eagle tire brand performance.

Goodyear (NYSE:GT) has announced a unique marketing partnership with rap legend Ice Cube to celebrate both the Goodyear Blimp's 100th Anniversary and Ice Cube's "Truth to Power: 4 Decades of Attitude" tour. The collaboration pays homage to Ice Cube's iconic 1993 lyric about the Goodyear Blimp from "It Was a Good Day."

The partnership kicked off at the BIG3 Championship in Orlando on August 24, 2025, featuring a special blimp flyover. The collaboration will continue through September and October 2025, with the Goodyear Blimp making appearances at select concert venues in Denver, San Diego, Los Angeles, and Cleveland.

Goodyear Tire & Rubber Company (NASDAQ: GT) has named J.B. Hunt truck driver Adam Medley as the winner of its 41st Goodyear Highway Hero Award. Medley earned this recognition for his quick response in saving a person lying on County Rd A in Green Lake, WI, on July 28, 2024.

The Highway Hero program, established in 1983, honors commercial drivers who demonstrate extraordinary courage on U.S. and Canadian roadways. As this year's winner, Medley will receive a cash prize and a special ride on the Goodyear blimp, which marks its 100th anniversary this year.

Goodyear Tire & Rubber Company (NASDAQ: GT) has appointed Jan-Piet van Kesteren as Managing Director EMEA & Chief Sales Officer EMEA Consumer, effective September 1, 2025. Reporting to CEO Mark Stewart, van Kesteren will lead Goodyear's Consumer business across Europe, Middle East & Africa region.

Van Kesteren brings over 20 years of international commercial leadership experience, most recently serving as managing director for EMEA at AkzoNobel. His responsibilities will include driving sales execution, delivering profitable growth, and advancing Goodyear's global strategy, with a focus on high-value segments and strengthening the distribution model.

Goodyear (NASDAQ:GT) reported mixed Q2 2025 results with net sales of $4.5 billion and tire unit volumes of 37.9 million. The company posted net income of $254 million ($0.87 per share), up from $79 million year-over-year, largely due to a $385 million gain from the Dunlop brand sale.

However, adjusted figures show a net loss of $48 million (-$0.17 per share) compared to adjusted net income of $48 million in Q2 2024. Segment operating income declined to $159 million from $334 million, despite $195 million in Goodyear Forward transformation benefits.

The company completed significant asset sales, including the OTR tire business for $905 million and the Dunlop brand for $735 million. A pending sale of the Chemical business is expected to close in late 2025, with proceeds targeted for debt reduction.

Goodyear (NYSE:GT) celebrated its blimp's 100th anniversary with a unique gaming collaboration featuring GameStop. The event showcased the world's first Pokémon battle at 1,000 feet altitude aboard the Goodyear Blimp Wingfoot Three over Los Angeles.

The aerial gaming event featured notable participants including YouTuber Casey Neistat, Oculus VR founder Palmer Luckey, ModRetro CEO Torin Herndon, and GameStop's Head of Social Media Joe Fonicello. The battle utilized ModRetro's Chromatic handheld gaming console.

While the official blimp anniversary was marked on June 3, 2025, Goodyear plans to continue celebratory events and collaborations throughout the year.

PlusAI (NASDAQ:CCIX) has announced a strategic collaboration with Goodyear to enhance autonomous trucking capabilities. The partnership will integrate Goodyear's SightLine intelligent tire technology with PlusAI's SuperDrive™ virtual driver system to improve safety and efficiency in autonomous freight operations.

PlusAI has accumulated over 5 million miles of autonomous driving experience across the U.S., Europe, and Asia. The company has established partnerships with major commercial vehicle manufacturers including TRATON GROUP, Hyundai, and IVECO. The commercial launch of factory-built autonomous trucks powered by SuperDrive is targeted for 2027, starting in the United States before expanding to Europe.

Goodyear (NASDAQ: GT), one of the world's largest tire manufacturers, has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, after market close. The company will host an investor conference call the following day, Friday, August 8, at 8:30 a.m. ET.

The earnings release and presentation materials will be available on Goodyear's investor relations website. Investors can access the conference call via telephone or webcast, with replay options available. Goodyear currently operates 53 facilities across 20 countries and employs approximately 68,000 people, with Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg.

Goodyear Tire & Rubber Company (NASDAQ: GT) has launched its Assurance MaxLife 2, their longest-lasting premium all-season tire, now available in the United States and Canada. The tire comes with an impressive 85,000-mile limited treadlife warranty and is designed for a wide range of vehicles including luxury SUVs, family sedans, and crossovers.

The new tire features Goodyear's proprietary TredLife Technology, combining enhanced tread compound and innovative pattern for long-lasting performance. Available in 58 sizes, the Assurance MaxLife 2 fits popular vehicles like BMW X5, Mercedes GLE, Toyota Camry, Honda Accord, Ford Explorer, and Toyota RAV4. The tire includes four deep tread grooves, zigzag sipes for grip, and a built-in Wear Gauge for tread monitoring.