Retread Tire Market: Growth Driven by Fleet Cost-Cutting and Environmental Benefits with a CAGR of 6% | Future Market Insights, Inc. [Yahoo! Finance]
The Goodyear Tire & Rubber Company (GT)
Last the goodyear tire & rubber company earnings: 4/30 07:15 am
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Source: Yahoo! Finance
Retreading involves carefully inspecting, repairing, and reapplying a new tread to a tire casing that has reached the end of its original tread life. This process is done to extend the usable life of the tire, reduce waste, and provide a more cost-effective alternative to purchasing new tires. NEWARK, Del, Dec. 10, 2024 (GLOBE NEWSWIRE) -- The global retread tire market is anticipated to reach a valuation of USD 11.2 billion in 2023 and is projected to grow to USD 20 billion by 2033, with a CAGR of 6% during this period. The expansion of the logistics industry and the rising demand for freight services have created favorable conditions for retread tire sales. Increased tire wear from higher usage has led to a growing need for tire retreading. Fleet operators, seeking to cut costs while maintaining the sustainability and safety of their vehicles, are increasingly turning to retreaded tires, which offer notable benefits. Recent technological advancements have significantly enhance
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News
- The Goodyear Tire & Rubber Company (NASDAQ: GT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $10.00 price target on the stock.MarketBeat
- Goodyear Tire & Rubber (NASDAQ:GT investor three-year losses grow to 51% as the stock sheds US$222m this past week [Yahoo! Finance]Yahoo! Finance
- NIQ Research Uncovers that Consumers Crave AI Assistance for a Smarter Shopping Experience [Yahoo! Finance]Yahoo! Finance
- Goodyear (GT) Up 16.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Wabash Extends Partnership with Goodyear as Preferred Tire Supplier for Trailers [Yahoo! Finance]Yahoo! Finance
GT
Earnings
- 11/4/24 - Beat
GT
Sec Filings
- 11/8/24 - Form SC
- 11/5/24 - Form 10-Q
- 11/4/24 - Form 8-K
- GT's page on the SEC website