zzdcar
Home
/
Reviews
/
Culture
/
Goodyear Is Buying Cooper Tire For $2.5 Billion
Goodyear Is Buying Cooper Tire For $2.5 Billion-October 2024
2024-02-19 EST 22:12:26

Image for article titled Goodyear Is Buying Cooper Tire For $2.5 Billion

Goodyear Tire & Rubber Company Monday that it was buying Cooper Tire & Rubber Company for $2.5 billion. The announcement is extremely Ohio.

Cooper is based in Findlay, Ohio, while Goodyear is based in Akron, Ohio. The consolidation will combine the two brands, along with several others like Mastercraft and Roadmaster.

From :

The combined company will have the opportunity to leverage the strength of Goodyear original equipment and premium replacement tires, along with the mid-tier power of the Cooper brand, which has particular strength in the light truck and SUV segments. Together, these brands have the opportunity to deliver a more complete offering to aligned distributors and retailers.

The combined company will have about 72,000 employees, according to the press release, and had about $17.5 billion in sales in 2019. And “the mid-tier power of the Cooper brand” is something we can all aspire to; I say this lovingly, as a born-and-raised Ohioan, but the power of all of this combined mediocrity is almost overwhelming.

Anyway, the tire market isn’t all that hard to understand, in that there are four brands — Michelin, Continental, Bridgestone and Pirelli — that have cemented their status as the best. In the second tier are Goodyear and Cooper, along with Firestone, Yokohama, BF Goodrich and General, and others like Dunlop. Next, you have, well, the tires you get when you go to the tire place and you tell them you want the cheapest option and you end up with Fuzions.

On the other hand, tires are a bit hard to understand in that it’s difficult — absent testing on the track or testing on ice or testing in general — to discern what sets them apart, which is why I think most people just go for the cheapest and go with God. I on my Fit, which I was very pleased with myself for buying, though they were only a few bucks more than the cheap ones, or $115 per tire.

They have held up well in the couple of years that I’ve had them, though I’ve never really tested them in harsh conditions, which I will rectify in a week when I drive back to New York City from Los Angeles via the northern route, and presumably encounter some snow and ice. Bring it on, I say, right up until I learn the limits of all-seasons and slide off the road into doom.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
The Horrible Hassle Of Renting A Car In Hawai'i
The Horrible Hassle Of Renting A Car In Hawai'i
If some of you were wondering why you hadn’t seen me post in a few days, I’ve just returned from a week-long vacation in Hawai’i. It was beautiful. What almost ruined the trip, however, was the annoying hassle of trying to get a rental car. rental car troubles have...
Oct 15, 2026
Renault's Latest Retro Tribute Is an Electric R5 Turbo Built for Drifting
Renault's Latest Retro Tribute Is an Electric R5 Turbo Built for Drifting
Last week, Renault and not much else that we could see. The mysterious rally monster was part of the brand’s celebration for the 50th anniversary of its iconic Renault 5 city car, which it’s . Today, we’re finally able to get a better look at it. This is the...
Oct 15, 2026
Finally, Bugatti Will Sell You a Certified Pre-Owned Chiron or Veyron
Finally, Bugatti Will Sell You a Certified Pre-Owned Chiron or Veyron
That used you’ve been thinking about buying is about to cost a bit more, now that is introducing its own program. Even the maker of the automobiles wants in on the used-car craze, but Bugatti wants used and models to have a little added value with a that matches...
Oct 15, 2026
Wanted: Cool, But Not Too Cool, Warranty Claims Expert
Wanted: Cool, But Not Too Cool, Warranty Claims Expert
Toyota unveiled its at a track in Park City, Utah last week. The brand has repeatedly praised the hot hatch as a track-ready toy, and I have no doubt plenty of folks will flog it at track days. But if you blow your engine, are you still covered by...
Oct 15, 2026
The EPA May Finally Do Something About Heavy Truck Emissions
The EPA May Finally Do Something About Heavy Truck Emissions
The EPA is considering stricter emissions laws for heavy trucks, Kia and Hyundai thefts are through the roof, and a new challenger has emerged to fight U.S. EV tax incentives. All that and more in for Thursday, September 22, 2022. Back in March, the EPA considered new regulations on...
Oct 15, 2026
As EVs Become More Common, Nighttime Electricity Will Get More Expensive
As EVs Become More Common, Nighttime Electricity Will Get More Expensive
The shift from vehicles to is already changing the way we live and drive, and early adopters of the technology are not exempt. A new study confirms mass adoption of EVs will turn current conventional wisdom of charging cheaply at night on its head. A new study published in...
Oct 15, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved