Goodyear outlook now positive, was stable - S&P


NEW YORK, March 26 (Reuters) - Standard & Poor's on Monday changed its outlook on Goodyear Tire & Rubber Co. to positive from stable, citing the company's announcement that it will use some proceeds of an asset sale to pay down debt. Goodyear said late on Friday it plans to sell its engineered products unit to private equity firm Carlyle Group for $1.475 billion, and will use the proceeds from the sale to reduce debt and address benefit costs. For details, see [ID:nN23311981]. ...

Premium Content (PAID Subscription Required)

"Goodyear outlook now positive, was stable - S&P" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 22, 2018

2018 Wards 10 Best Engines Ceremony

Today, WardsAuto begins posting videos from the 2018 Wards 10 Best Engines celebration, held during the North American International Auto Show. In this segment, editors Drew Winter and Tom Murphy kick off the event. Beginning tomorrow, videos with each winning automaker's acceptance speech will begin posting, one daily, in alphabetical order....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×