AKRON, Ohio—Goodyear has finalized its $905 million divestiture of its off-the-road tire business to Yokohama Rubber Co ... the company's "Goodyear Forward" plan to streamline its business model, ...

(PRNewsFoto/Goodyear Tire & Rubber Company) "The sale of the OTR business is a significant milestone in Goodyear's transformation," said Goodyear Chief Executive Officer and President Mark Stewart.

Goodyear completes the $905M OTR tire sale to Yokohama, streamlining its portfolio and focusing on core business growth.

For one, many of Goodyear's employees are still dedicated to the core tire business and pursuing a change too sweeping, too fast could lead to backlash. What "really helped us a lot was that we ...

("Goodyear" or the "Company") has completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company, Limited, effective February 3 ...