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Goodyear Completes the Sale of Its OTR Business to Yokohama

Goodyear Mark Stewart CEO
The sale of the OTR business is a part of the plan to make the company’s business more streamlined under the Goodyear Forward plan.

Goodyear’s OTR Business Was Valued at Approx. $905 million

The Goodyear Tire & Rubber Company (Goodyear) announced that it had completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company (Yokohama Rubber), effective February 3, 2025, in an all-cash transaction valued at approximately $905 million.

The sale was first announced in July 2024. For Yokohama Rubber, the acquisition of Goodyear...

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