Goodyear Reports 3rd Quarter 2018 Results
Goodyear reported net income of $351 million versus $129 million in the prior year.
American Tire Distributors Reaches Agreement With Bondholders To Reduce Debt By Up To $1.1B
ATD says it has liquidity to meet its business obligations and operations are continuing as normal throughout this process.
Bridgestone Dropping ATD For Passenger, LT Tire Distribution
American Tire Distributors’ debt took a deep dive Wednesday after Bridgestone Americas announced it would pull the distribution of its passenger and light truck tires from the company.
Goodyear Reports 1st Quarter 2018 Results
The company has reported net income of $75 million and segment operating income of $281 million.
Goodyear To Discontinue Distribution To ATD
The decision comes on the heels of Goodyear and Bridgestone’s announcement of its joint distribution venture called TireHub.
Goodyear, Bridgestone Join Forces To Form US National Tire Distributor
Headquartered in Atlanta, TireHub initially will have more than 80 distribution centers and warehouse locations throughout the nation.
