Cooper Tires Sold to India-Based Apollo Tyres
One of the largest U.S.-based tire manufacturers, Cooper Tires, is set to merge with India-based Apollo Tyres in a $2.5-billion deal.
Since 1914, Cooper Tires has been based out of Ohio and is the 11th largest tire company in the world. It is most well known for its reputation of selling premium and mid-tier tires.
SEE ALSO: Cooper Zeon RS3-S Ultra High Performance Tire Review
Apollo Tyres on the other hand, was founded in 1972 and manufacturers the Vredestein line that is known in America. Once the two companies are combined thanks to the buyout, it will become the seventh largest tire company in the world.
[Source: Consumer Reports]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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