American Tire Distributors Holdings Inc. (ATD) has purchased Hercules Tire Holdings LLC, according to the Securities and Exchange Commission 8-K filing on Jan. 24. 2014. Hercules Tire Holdings owns 100% of the stock of the Hercules Tire & ...
Cooper Tire & Rubber Co. announced its CS3 Touring tire has earned a 2013 Good Design Award for innovation and quality. The company introduced the mid-range touring tire in June 2013. The award was presented by the Chicago Anthenaeum: ...
Tags: Tyre, Tire, Auto Parts
Cooper Tire & Rubber Co. announced its Chinese joint venture partner, Cooper Chengshan (Shandong) Tire (CCT), will begin to provide financial and operational information needed to meet federal financial reporting requirements. Cooper says ...
Tags: Cooper Tire, Rubber Tire
Goodyear Tire & Rubber Co. will webcast its presentation at the 2014 Deutsche Bank Global Auto Industry Conference in Detroit on Jan. 14. Laura Thompson, executive vice president and chief financial officer, will provide a business ...
The Goodyear Tire & Rubber Co. has expanded its Goodyear Authorized Retread network with the addition of Colonial Tire Distributors, a Richmond, Va.-based firm that serves trucking fleets with new Goodyear commercial truck tires, Goodyear ...
Cooper Tire & Rubber Co. Cooper Tire & Rubber Co. said it will pursue a $112.5 million "reverse termination fee" after ending its attempt to acquire Apollo Tyres. The $2.5 billion acquisition deal had been in doubt for months after ...
Tags: Cooper, reverse termination fee, Apollo Tyres, acquisition
It is not surprising that tire industry analysts are re-evaluating the stock of Cooper Tire & Rubber Co. following the termination of its "merger agreement" with Apollo Tyres Ltd. on Dec. 30, 2013. Nick Mitchell, senior vice president for ...
Tags: tire, tyre, Auto Parts
Cooper Tire & Rubber Co. has terminated its merger agreement with Apollo Tyres Ltd. And Apollo is not happy about it. "Apollo is disappointed that Cooper has prematurely attempted to terminate our merger agreement," says the company. ...
Tags: tyre, tire, Auto Parts
Cooper Tire & Rubber Co. announced it has terminated the merger agreement with Apollo Tyres Ltd. "It is time to move our business forward," says Cooper CEO and Chairman Roy Armes. "While the strategic rationale for a business ...
Tags: Auto Parts, Accessories, tire, tyre
Cooper Tire & Rubber Co. said it will pursue damages against Apollo Tyres Ltd. in a webcast following the announcement of its decision to terminate the merger agreement. The company answered questions previously submitted by investors, ...
Tags: Auto Parts, tyre, tire
Toyo's booth concept for this year's event will be "Performance Showcase." The booth will exhibit sleek vehicles such as the Jaguar XJ and Toyota Vellfire equipped Toyo tires. Toyo Tire Japan Co. Ltd. and Yokohama Rubber Co. Ltd. will man ...
Tags: Auto Parts, tire, tyre
The Yokohama Rubber Co. Ltd. and its overseas group companies have made donations to the Red Cross in their respective countries to support that organization's efforts to aid victims of the devastating typhoon that struck the Philippines in ...
Tags: tire, tyre, Auto Parts
U.S. Sens. Rob Portman and Sherrod Brown and Reps. Bob Latta and Jim Jordan sent a letter to Secretary of State John Kerry, Secretary of Commerce Penny Pritzker and U.S. Trade Representative Ambassador Mike Froman urging government ...
Tags: Auto Parts, Accessories
The Delaware Supreme Court has dismissed Cooper Tire & Rubber Co.'s appeal of a lower court's partial ruling on the single issue of whether Apollo Tyres Ltd. used reasonable best efforts to reach an agreement with the United Steelworkers. ...
Tags: tyre, tire, Auto Parts
Yokohama Rubber Co. Ltd. has announced a number of senior management changes that will go into effect Jan. 1, 2014. Eight senior managers -- four directors and four corporate offiicers -- have had their responsibilities changed. They are ...
Tags: Yokohama, Rubber, senior management changes