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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.

Tag Archive for: Goodyear

SRI: ‘premium, global’ Dunlop to complement ‘bold’ Falken in ‘dual-brand’ strategy

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Following its acquisition of Dunlop from Goodyear, Sumitomo Rubber Industries (SRI) has detailed how it plans to deploy a new “dual-brand” strategy, with Dunlop positioned as its “core” and “premium” global tyre brand. SRI was always the front-runner to acquire the brand since it already operates Dunlop in various market segments. While Dunlop rights remain somewhat complex thanks to Goodyear holding on to such segments as Dunlop-branded motorcycle tyres in Europe and Oceania, SRI will now have an almost global focal point in the four-wheel car tyre segment (the deal excludes India, Malaysia, Singapore and Brunei in this segment). By adding the Europe, North America, and Oceania regions to its four-wheel Dunlop business, SRI wants to advance “premiumisation globally through differentiated products and enhancing brand strength” via the brand’s sporting heritage.

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Related news:

  1. Premium global brand – SRI’s plan for Dunlop
  2. Michelin the number one consumer researched tyre brand: Tyre Reviews
  3. How much might Sumitomo Rubber Industries pay for Dunlop?
  4. Goodyear agrees $701 million sale of Dunlop brand to Sumitomo Rubber Industries
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Goodyear agrees $701 million sale of Dunlop brand to Sumitomo Rubber Industries

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Goodyear has agreed to sell its Dunlop tyre brand to Sumitomo Rubber Industries in a deal worth an estimated $701 million. The definitive agreement will see the “trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tyres, together with certain associated intellectual property” transferred to SRI. The terms of the deal are relatively complex, including a Transition Offtake Agreement in Europe that will last for five years, as well as Goodyear immediately licensing back Dunlop trademarks for use on commercial vehicle tyres. Goodyear will also retain its rights to Dunlop trademarks for use on motorcycle tyres in Europe and Oceania. Goodyear expects the transaction to close by mid-2025, subject to regulatory approvals and other customary closing conditions and consultations.

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Related news:

  1. Goodyear to pay Sumitomo US$271 million to end global joint venture
  2. Brand Finance: Michelin most valuable and strongest tyre brand
  3. How much might Sumitomo Rubber Industries pay for Dunlop?
  4. Bridgestone’s Blizzak LM005 wins Auto Express winter tyre test
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Goodyear India appoints Bhandari MD, BoD Chairman

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Effective today, Arvind Bhandari takes on the remit of Managing Director at Goodyear India Limited. He will hold this position for five years, or otherwise until retirement. In addition, Bhandari becomes Chairman of the tyre maker’s Board of Directors.

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Related news:

  1. Goodyear India CFO Mundra resigns
  2. Leadership changes within Goodyear India team
  3. Rubber Prices May Plummet 35% as Tyre Sales Slow
  4. Goodyear India Rises to Limit in Mumbai Trading
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Bridgestone, Goodyear execs join USTMA BoD

The U.S. Tire Manufacturers Association (USTMA) has elected three new members to its Board of Directors. The new additions are Scott Damon from Bridgestone as well as Goodyear’s Ryan Waldron and Brad Heim.

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Related news:

  1. Goodyear awarded for safety improvement practices
  2. Goodyear, Bridgestone combining aftermarket tyre distribution in the USA
  3. US association welcomes Nokian Tyres as country’s newest tyre maker
  4. Michelin and Pirelli lead in rubber sustainability – Context Group
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Goodyear sells Cooper Melksham land

The Cooper Tire & Rubber Company Europe Limited has confirmed the sale of land belonging to the Cooper Tire Melksham site today (Friday, 20 December 2024). The sale specifically relates to 38.5 acres of greenfield land in Melksham, Wiltshire.

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Related news:

  1. Cooper begins consultation on plans to close Melksham factory by end of 2023
  2. ‘Part of Melksham DNA for more than century’ – local leaders react to Cooper Tire factory closure
  3. Cooper Melksham cutback plans to proceed after consultation ends
  4. Cooper Tire reports 1Q2020 net loss of US$12 million, Europe and International segment bears the brunt
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Goodyear continues Team De Rooy support in Dakar Rally 2025

The partnership between Goodyear and Team De Rooy will continue for the upcoming Dakar Rally 2025. As official tyre supplier, Goodyear will equip the Dutch team with its Goodyear OffRoad tyres and TPMS, helping to ensure reliable performance throughout the rally’s demanding stages.

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Related news:

  1. Team De Rooy win another Dakar victory for Goodyear tyres
  2. Kamaz-master wins at Dakar 2020 on standard Goodyear tyres
  3. Dakar: Goodyear teaming up with Kamaz-Master again
  4. Goodyear-shod trucks dominating Dakar 2021
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Goodyear continues ETRC title sponsorship

Goodyear has confirmed the extension of its title sponsorship and exclusive tyre supplier role for the FIA European Truck Racing Championship (ETRC) for the 2025–2027 seasons. The series’ official moniker thus remains the Goodyear FIA European Truck Racing Championship.

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Related news:

  1. Goodyear continues FIA ETRC title sponsorship with new tyre specification
  2. FIA ETRC extends exclusive partnership with Goodyear
  3. Goodyear continues as exclusive FIA European Truck Racing tyre supplier
  4. ETRA, Goodyear kick off the virtual 2020 truck racing season
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Platinum grade for 6 HiQ centres

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Beginning in May, HiQ Tyres & Autocare tasked specialist automotive consultancy CAR Consulting Group with performing a nationwide audit of its network. All 160 centres took part in an audit that evaluated more than 200 parameters, including aesthetics, customer service and technical expertise. CAR Consulting Group has now concluded the audit, and HiQ reports that the results show a 27.6 per cent improvement since the last evaluation.

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Related news:

  1. HiQ invests in nationwide standards programme across UK network
  2. HiQ network expands with flagship centre in Bicester
  3. Weeting Tyres’ Kings Lynn store joins HiQ franchise network
  4. HiQ adds Ruthin store to tyre retail franchise network
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Goodyear named 2025 ELMS 4 Hours of Silverstone title sponsor

Goodyear is to serve as the Official Title Sponsor of the 2025 Goodyear 4 Hours of Silverstone, an event that marks the much-anticipated return of the European Le Mans Series (ELMS) to the United Kingdom. The race is set to take place on 14 September 2025, following a six-year hiatus from the calendar.

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Related news:

  1. Michelin publishes I-Spy Goodwood
  2. Goodyear and NASCAR Extend Historic Relationship
  3. Nürburgring circuit gains additional Goodyear naming
  4. Goodyear spending $25 million a year on NASCAR
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Goodyear appoints Sautereau Communications Manager Europe South

Judith Sautereau is Goodyear’s new Communication Manager Europe South. In this role, she takes responsibility for leading Goodyear’s external and internal communications activities throughout France, Italy, Iberia, and Greece, to support sales and marketing initiatives for all lines of businesses and manage Goodyear reputation. Sautereau will be based in Paris.

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Related news:

  1. Darren Wells back at Goodyear as CFO
  2. Goodyear’s McClellan to chair USTMA board
  3. Goodyear names new SVP, general counsel
  4. Goodyear’s Traicoff moves to Asia Pacific leadership role
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Goodyear partners with Krone Trailer for TPMS integration

Thanks to a new collaboration between Goodyear and Krone Trailer, fleet managers are now able to seamlessly integrate their Krone trailer fleets with the plug-and-play Goodyear TPMS Connect system without the need for additional hardware installation. With this integration, European fleet customers will be able to access all the benefits of Goodyear TPMS without the need for new hardware installations, ensuring they are equipped with Goodyear’s latest tyre monitoring technology from the start.

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Related news:

  1. TPMS changes a positive step, says Goodyear
  2. Goodyear unveils enhanced Goodyear CheckPoint tyre management solution
  3. Goodyear TPMS Connect – providing tyre data to fleet managers
  4. Goodyear South Africa appoints Czyzyk managing director
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Goodyear recalls batch of Eagle F1 SuperSport tyres

Hardly a mass recall, but worth noting nonetheless. Goodyear is recalling 46 Eagle F1 SuperSport tyres in the dimensions 295/30 ZR22 (103Y) and 315/30 ZR22 (107Y). The tyres, produced by Goodyear in Luxembourg between 18 and 24 March 2024, can be identified by the DOT numbers 1L1K8 JB1R/1224 and 1L1HA JC1R/1224.

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Related news:

  1. Goodyear announces $36M investment in OTR production
  2. Goodyear’s European motorsport renaissance continues despite pandemic challenges
  3. Goodyear develops bespoke Eagle F1 SuperSport tyre for 2023 Maserati GranTurismo
  4. >300 Hercules Terra Trac tyres recalled
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Sport tyres – not for everyone

Optional sport tyres always deliver better performance, right? Not necessarily, says auto motor und sport (ams). When the German motoring publication tested the latest Porsche Macan Turbo Electric, the model they received didn’t arrive on standard 20-inch rims, rather with 22-inch wheels fitted with “performance tyres” – an option that costs £464 in the UK.

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Related news:

  1. Win for Goodyear, Maxxis named value king in ams tyre test
  2. Test-winning winter technologies: Goodyear launches UltraGrip Performance+ SUV
  3. Auto Bild: Performance still has its price in sporty tyre sizes
  4. Auto Bild votes Michelin & Pirelli its top cold weather tyre makers
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Goodyear reports net loss of $34 million in third-quarter of 2024, EMEA recovering

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The Goodyear Tire & Rubber Company has reported third quarter 2024 sales of $4.824 billion, down 6.2 per cent year-on-year, resulting in a net loss of $34 million compared with a net loss of $89 million a year ago.

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Related news:

  1. Goodyear to cut 5% of salaried staff globally, $80 million 4Q loss expected in EMEA
  2. Integration on-track: Goodyear reports 16% growth plus greater synergies from Cooper Tire acquisition
  3. Europe to bear 40% of Goodyear’s global job cuts
  4. Goodyear reports losses of $104 million in Q4 2022, points the finger at Europe
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ATD chapter 11 leaves tyremakers with >$589 million outstanding

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When American Tire Distributors, Inc. (ATD) filed Chapter 11 on 22 October 2024, the large US tyre distributor did so for the second time in roughly six years. And it did so leaving tyremakers with north of US$589 million outstanding. If North America’s largest tyre brands weren’t nervous at this point, more than half of that will be connected to the balance sheet of just three tyremakers.

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Related news:

  1. Giti enters the top 10 of leading tyre manufacturers
  2. Zhongce Rubber enters global top ten tyre manufacturers
  3. Michelin and Pirelli lead in rubber sustainability – Context Group
  4. Michelin top, Sailun the fastest riser: All change in the second half of the global tyremaker top 20
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