Vietnam $2.64 Bn Two-Wheeler Tire Market Trends, Competition, Forecast and Opportunities, 2030F [Yahoo! Finance]
The Goodyear Tire & Rubber Company (GT)
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Source: Yahoo! Finance
and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The Vietnam Two-Wheeler Tire Market was valued at USD 1.96 Billion in 2024, and is expected to reach USD 2.64 Billion by 2030, rising at a CAGR of 5.11% The Vietnam Two-Wheeler Tire Market is experiencing steady growth due to the increasing demand for motorcycles, which are a primary mode of transportation in the country. For instance, Vietnam's motorcycle market is seeing a modest recovery in 2024, with year-to-date sales reaching 2.35 million units, up by 1.9%. The first half saw a decline of 1.4%, but sales improved in the latter part of the year. The scooter segment grew by 1.8%, while the motorcycle segment saw a 13% rise. Electric vehicle (EV) sales remain sluggish, especially in the L3 category. Honda and Yamaha maintain their dominance, while newer brands like Pega and Yadea are gaining traction. Vinfast experienced a notable decline of 56.8%. The market is driven by urbanization,
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- Goodyear Tire & Rubber (NASDAQ:GT) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Goodyear Tire & Rubber (NASDAQ:GT) had its price target raised by analysts at Morgan Stanley from $6.88 to $7.30. They now have an "underweight" rating on the stock.MarketBeat
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- 11/3/25 - Beat
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