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Tag Archives: Dunlop
EV Grumblings – Tire Replacement Rates?
J.D. Power said today that early data from its unpublished 2024 U.S. Original Equipment Tire Customer Satisfaction Study shows that EV tires may fall short of meeting this expectation, with a higher replacement rate in years One and Two of ownership than with internal combustion vehicle tires. (see AutoInformed: J.D. Power – Vehicle Dependability Down Again)
In what could be a stretch of a still to be verified conclusion based on a much needed larger sample size that doesn’t yet exist, Power claimed that “more than a quarter of new vehicle shoppers who are considering an EV cite reliability as a factor in this decision.” Well, duh, they might also prioritize other things such as saving the planet, eschewing fossil fuels, and charging at home. How this sorts out in a changing marketplace remains to be seen. Power did say that the gap in replacement rates appears to be closing. Continue reading
Posted in auto news, awards, blog, customer satisfaction, electric vehicles, global warming, marketing, news, news analysis, people, public health, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BFGoodrich, Bridgestone, Continental, Cooper, Dunlop, EV Grumblings, Falken, Firestone, General, Giti, goodyear, hankook, j.d power, J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study, Ken Zino, Kumho, michelin, Nexen, Nitto, Pirelli, Toyo, Vogue, Yokohama
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Goodyear Tire Posts Q3 2025 Loss of $2.2 Billion
The Goodyear Tire & Rubber Company (NASDAQ:GT)* posted Q3 2025 results today that showed a net loss of $2.2 billion ($7.62 per share) compared to a Goodyear net loss of $37 million (13 cents per share) a year ago. Third quarter 2025 adjusted net income was $82 million compared to adjusted net income of $102 million in Q3 of last year. Adjusted earnings per share was $0.28, compared to $0.36 (diluted) in Q3 2024.
“We delivered a meaningful increase in segment operating income relative to the second quarter in an industry environment that continued to be marked by global trade disruption,” said Mark Stewart, chief executive officer and president. “This growth underscores our strong product portfolio and the consistency of our execution under the Goodyear Forward plan, both of which we expect to support further acceleration in our earnings during the fourth quarter.” Continue reading →