Founded in 1898 by Frank Seiberling, The Goodyear Tire & Rubber Company is an American multinational tyre manufacturing company based in Akron, Ohio. It is one of the oldest, biggest and best-known tyremakers in the world. Goodyear makes tyres for automobiles, commercial trucks, light trucks, motorcycles, SUVs, racing cars, aeroplanes, farm equipment and heavy earth-mover machinery. Find all the news and analysis you need relating to Goodyear here.
(Akron/Tire Review) Goodyear Tire & Rubber Co. introduced dealers to a new consumer marketing and advertising campaign that supports an all-new theme for the Goodyear brand: “Get There.”
Larry Mason, president of consumer tyres, officially debuted the new message and accompanying television ads at Goodyear’s annual dealer meeting in Orlando, Florida.
(Akron/Tire Review) Goodyear’s North American Tire division has created a new internal team called the Customer Development Organization.
The announcement was made this past weekend at Goodyear’s annual dealer conference in Orlando, Florida.
(Akron/Tire Review) In what has to be an industry first, one tyremaker will take the stage at another tyre company’s national dealer meeting to introduce a series of new products. Titan Tire will be on hand at Goodyear’s dealer meeting in Orlando next week, to launch three Goodyear-branded farm and skid-steer tyres.
(Akron/Tire Review) At the Goodyear Tire & Rubber Co. dealer meeting today in Orlando, Fla., Goodyear introduced the new ultra-high performance Eagle F1 all-season tyre, an “expanded” Wrangler SR-A tyre as well as the new Ultra Grip Performance and Ultra Grip SUV winter tyres.
(Akron/Tire Review – Des Moines Register) Al Skinner and Mark Highland both live in the Des Moines area, but they could be spending a lot of time together in St. Louis in the next several weeks.
The Goodyear Tire & Rubber Company has announced the appointment of Judith Swales to the position of managing director and chief executive officer of its Australian-based South Pacific Tyres (SPT) business. Swales replaces Joe Copeland, who has been named vice president of Goodyear’s Global Off-Highway business based in Akron.
The Goodyear Tire & Rubber Company has appointed Charles “Chuck” Mick to the newly created position of vice president and general manager, North American holdings and integration. Prior to taking on this position Mick had served since 2003 as vice president and general manager of the company’s Global Off-Highway tyre business.
Goodyear workers from the Canadian Salaberry-de-Valleyfield tyre plant have taken their fight to save the factory onto the internet. The workers, with the support of the local community, have launched an online petition to muster support in convincing the American tyremaker to reverse its decision to close the facility.
KeyBanc’s Saul Ludwig has upgraded Cooper to “Buy” from “Hold” and increased his 2007 earnings prediction for the company. The Associated Press quote Ludwig as saying: “Following seven money-losing quarters, the pendulum is about to swing in a positive direction, in our opinion.”
Goodyear’s “name-the-blimp” contest is in the running to receive a US public relations award. The trade industry publication PRWeek has named Goodyear’s “Hello My Name Is… The Launch of a New Goodyear Blimp” contest one of five finalists in the category of Promotional Event of the Year. The winner will be announced on March 8 in New York City.
Tyre industry carbon black supplier Cabot Corporation has announced a net income of US$54 million for the first quarter of 2007. This is almost double their net income for the same fiscal period a year ago, in which a net income of US$24 million was achieved.
Detroit’s “Big Three” carmakers are casting an eye on the contract signed between Goodyear Tire & Rubber Co. and the United Steelworkers union at the end of last year as a potential model to emulate. Of particular interest is the trust fund the company set up to separate themselves from the responsibility of future retiree health costs.
(Akron/Tire Review) Goodyear has swapped managers at two of its tire plants.
Todd Turner, formerly production director at the company’s Americana, Brazil, tire plant, has taken over as plant manager at its Union City, Tenn., plant. Union City plant manager Jim Davis has taken the reins at Goodyear’s Gadsden, Ala., tire plant.
While the original Hummer and the subsequent H2 found few friends on this side of the Atlantic due to their massive dimensions, the new Hummer H3 may have shed sufficient pounds to make it a less rare sight on UK roads. The H3 is 389mm shorter, 119mm lower and 73mm narrower than the H2, although at 4.78 metres (almost 16ft) in length it still cuts an impressive figure.
After weathering some tough times of late US tyremakers have seen a rise in their shares during the last six months as natural rubber and oil prices lower and the threat of industrial unrest in the sector begins to fade. Previous increases in raw material costs have also been, according to one analyst, absorbed by price rises that appear to have been accepted by consumers.
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