Adjusted earnings (EBITDA) for the full-year came in at $180.7 million, or 6.6% of sales, representing an increase of $13.6 million versus 2023, according to Cooper-Standard’s report issued 13 Feb.

Malmo, Sweden - Hexpol AB is acquiring an 80% stake in Turkish cable compounder Kabkom Kimya Sanayi ve Ticaret Anonim Sirketi (Kabkom) for €54 million. Headquartered in Izmir, the company is “the ...

Akron, Ohio – Goodyear Tire & Rubber Co. is weighing up the potential impact of low-cost imports and tariffs on global tire markets and the group’s own business performance in 2025.

Frankfurt, Germany – Continental’s Automotive group, which is currently being carved out as a separate entity, is planning to cut 3,000 R&D jobs globally by end of 2026.

German supplier of antivibration and damping systems GMT Gummi-Metall-Technik has divested its aerospace division to TriMas Corp., a Michigan-based manufacturer ...

Tokyo – Fukoku Rubber has revised down its earnings and sales forecasts for fiscal 2024 (ending 31 March), due in part to the closure of its Chinese antivibration parts subsidiary. The Japanese ...

The higher imports, Bridgestone said, were mainly due to the lowering of import tariffs on goods from Thailand and South Korea in January 2024 in North America. This led to a decrease in demand for ...

Hyogo, Japan – Toyo Tire Corp. has exceeded its sales and earnings forecast for 2024, buoyed by strong sales and appreciation of the Japanese Yen against the US dollar.