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Tag Archives: Mark Stewart
Milestones 2025 – the Goodyear Blimp 100th Anniversary
The Goodyear Tire & Rubber Company (NASDAQ: GT) will celebrate the 100th anniversary in 2025 of the Goodyear Blimp with flights over more cities to appearances at new events, and chances for fans to fly. There will also be “limited-edition … Continue reading
Posted in aftermarket, aviation, marketing, milestones, news, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Goodyear Blimp, Goodyear Blimp 100th Anniversary, Goodyear Blimp Pilgrim, Goodyear Tire & Rubber Company, Ken Zino, Mark Stewart, X @KenAutoinformed
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Goodyear Sells Off-the-Road Tire Arm to Yokohama Rubber
“The sale of the OTR business marks an important milestone as we continue to execute against our Goodyear Forward transformation plan,” said Mark Stewart, Goodyear Chief Executive Officer and President. “We are grateful to our OTR colleagues who have driven the success of the business and are committed to working closely with Yokohama to ensure a smooth transition for customers and associates.” Continue reading
Stellantis NA COO Mark Stewart Out. Carlos Zarlenga In
“In the very demanding North American market with many obstacles to overcome in order to foster the performance of the Company, Carlos Zarlenga is the best leader among our talent pool to replace Mark Stewart and to drive the change in our business model towards electrification in the region. Carlos Zarlenga has demonstrated his ability to bring together and unite diverse teams and to deliver the expected results,” said Carlos Tavares, CEO of Stellantis. “I would like to thank Mark Stewart for his contribution to this role after a three-year cycle, corresponding to the date of creation of Stellantis and I wish him the best in his new position.” Continue reading
Stellantis, Samsung SDI Pick Kokomo for Second Gigafactory
Stellantis has announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these ambitious sales targets, the Stellantis said it is securing ~ 400 GWh of battery capacity, at what are planned to be non-union facilities. Stellantis, which was created by a mega-merger of Fiat Chrysler (FCA) Renault and Peugeot, thus far is taking a ‘let them eat cake’ position with the unions. This is a high risk strategy, because the unions are sticking to their knitting, so to speak. Sean Fain, the head of the UAW has roots in Kokomo Continue reading
Posted in electric vehicles, global warming, labor issues, manufacturing, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Big Three 2023 contract negotiations, Ken Zino, Kokomo, Mark Stewart, Sean fain, Stellantis, unifor
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UAW Says First Stellantis Contract Offer is Deeply Unfair
“This is a responsible and strong offer that positions us to continue providing good jobs for our employees today and in the next generation here in the U.S. It also protects the company’s future ability to continue to compete globally in an industry that is rapidly transitioning to electric vehicles. Because we know this is important to you and your families, we remain committed to bargaining in good faith and reaching a fair agreement,” Stewart said. Continue reading
Goodyear to Sell Dunlop Brand to Sumitomo Rubber Industries
The Goodyear Tire & Rubber Company (NASDAQ: GT) has announced that it has signed a definitive agreement to sell the Dunlop brand, together with certain associated intellectual property, to Sumitomo Rubber Industries Ltd. (TYO: 5110). The deal includes trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tires. The transaction is subject to regulatory approvals, other customary closing conditions and consultations and is expected to close by mid-2025.
“This is another important milestone as we continue to execute against our Goodyear Forward transformation plan. We are optimizing our portfolio and reducing leverage to drive sustainable and substantial shareholder value creation,” said Mark Stewart, Goodyear Chief Executive Officer and President. “Not only does the transaction deliver significant value for our shareholders, it better positions Goodyear to enhance our focus on the growth of our core brands.” Continue reading →