Goodyear to invest €106m, cut 1,000 jobs at German plants

Akron, Ohio – Goodyear Dunlop Tires Germany has announced plans to upgrade its tire production facilities in Hanau and Fulda, Germany, a move that is expected to lead to 1,100 job cuts at the sites.

The US tire maker said it is earmarking €106 million for the project, which will expand production of 17-inch and up tires by 2.5 million units per year.

At the same time, the company will reduce capacity for “small, less profitable tire sizes” at both plants, bringing the overall capacity at the…

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