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Cooper Tire & Rubber Company is an American company that specializes in the design, manufacture, marketing, and sales of replacement [2] automobile and truck tires, and has subsidiaries that specialize in medium truck, motorcycle, and racing tires.
Goodyear announced plans to sell the assets of its Latin American off-road tire business to Titan Tire for $98.6 million, including the plant in São Paulo, Brazil and a licensing agreement that allows Titan to continue manufacturing under the Goodyear brand. This deal is similar to Titan's 2005 purchase of Goodyear's US farm tire assets.
The largest was the M945 used to mount the so-called "Bat Wing" body Shop Equipment Organizational Repair Truck Mounted (SEORTM), the Antenna Mast section of Patriot Missile Batteries, and with oversized 14:00 R20 tires as a transporter to carry and launch Improved Ribbon Bridge sections and Bridge Erection Boats.
Ford was in the best position, as under new CEO Alan Mulally they had fortuitously raised $23 billion in cash in 2006 by mortgaging most of their assets. Chrysler, purchased in 2007 by a private equity firm, had weak financial backing, was the most heavily dependent on light truck sales, and had few new products in their pipeline.
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On August 21, 2000, Ford halted production at three truck assembly plants so that 70,000 tires could be diverted towards the recall effort. P235/75R15 tires became scarce and Ford authorized dealers to install replacement tires from companies other than Firestone. Both Ford and Firestone looked for replacement tires internationally.