On 19 September 2022, Goodyear Tire & Rubber Co was found guilty of misappropriating five of 12 alleged trade secrets relating to self-inflating tyres in a case brought by Czech company Coda Development SRO. As a result of the jury’s verdict, Coda was awarded a total of $64 million.
On 12 November Michelin announced it had bought PTG and Téléflow – both industry leaders in tyre pressure control systems which allow users to monitor and adapt tyre pressures according to the terrain and conditions of use. These acquisitions signal Michelin’s intention to become the global leader for Central Tyre Inflation Systems (CTIS) in the agricultural market. No pricetags associated with the purchases have yet been revealed, but Europe is known to be the centre of the segment, which is valued at around US$1.7 billion in 2017.
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