Goodyear Completes Divestiture Of Off-The-Road (OTR) Tire Business

AKRON, Ohio, Feb. 3, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company, Limited, effective February 3, 2025, in an all-cash transaction valued at approximately $905 million."The sale of the OTR business is a significant milestone in Goodyear's transformation," said Goodyear Chief Executive Officer and President Mark Stewart. "Our portfolio ...