Financial
Selling or growing your business requires careful preparation, the right advisory team and strategic foresight. Business owners often don’t know where to start with these steps when considering a sale or investment deal.
Pirelli sees profits in large-diameter tires for premium and prestige automobiles, but tariffs loom.
Titan CEO Paul Reitz looks for ag rebound, expects no tariff troubles for tire maker.
Icahn Enterprises L.P.'s automotive segment lost $16 million in 2024.
Yokohama Rubber Co. Ltd. reported double-digit increases in both sales and earnings in fiscal 2024, driven by solid growth in its three tire business operating units.
Bridgestone is forecasting 4% growth in operating earnings in fiscal 2025 despite a projected 2% drop in the revenue.
Toyo reported double-digit increases in earnings for 2024 on marginally higher sales, but management is cautioning that earnings likely will be lower this year due to rising raw materials and freight costs.
Goodyear is streamlining operations and adding new products, all while navigating the looming uncertainty of tariffs in the year ahead.
Kumho Tire Co. generated double-digit earnings and sales growth in 2024, helped by strong performance in major markets such as the U.S. and the European Union.
Goodyear reported improved net profits for the fourth quarter and the year, as the company began seeing results from its Goodyear Forward transformation plan.