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New Goodyear Dunlop Consumer Director Relaunches HiQ Kettering

Career Tracks, News, UK News

Goodyear Dunlop’s new consumer director, Juergen Titz, has made his first public appearance in the role, launching the recently revamped Kettering branch of HiQ alongside UK and Ireland managing director George Rietbergen. Titz suggested that he would open his tenure as consumer director with new strategies to improve the success of the company’s brand range, notably utilising its connection to HiQ. Following his spell as retail director for the fast fit network, a period described by the franchise as extremely successful, Titz was present at the launch to support HiQ’s biggest franchisee Chris Kisby, MD of Easy Tyre & Autocentres.

24th September 2010/by Tyrepress Editors

Goodyear Dunlop UK Appoints New Consumer Director, New HiQ Head to Follow

Career Tracks, News, UK News

Goodyear Dunlop Tyres UK Limited has announced that Juergen Titz, currently director of the company’s HiQ retail network, has been appointed as director, Consumer and Motorcycle effective 1 October 2010. He will continue to report to George Rietbergen, managing director – UK and Ireland, and replaces Mark Davison, who is said to be moving to a new opportunity outside of the tyre industry. According to the company, further organisational announcements are due to be made at a later date, following this change. Tyres & Accessories understands that this means Goodyear Dunlop will shortly announce a new face for the HiQ top in response to Juergen Titz’ promotion. A spokesman told T&A that if no replacement is announced by the end of the month, the HiQ team will report directly George Rietbergen.

6th September 2010/by Tyrepress Editors

Goodyear Debica Share Offer Fails to Attract Significant Interest

In September Goodyear announced an intention to increase its ownership stake in the company’s Polish Debica unit. Of the total 13.8 million shares in Debica, some 4.69 were still owned by other parties, and it was the US manufacturer’s intention to “acquire any and all outstanding shares of Polish tire company TC Debica for 59.52 zloty (£12.88) per share.” Goodyear has announced that its cash tender offer, which ran between October 12 and November 10, landed the company exactly 8,220 Debica shares – equivalent to approximately 0.06 per cent of the unit’s worth.

18th November 2009/by Tyrepress Editors

Goodyear Going Shopping For TC Debica Shares

Goodyear Tire & Rubber has announced that its Luxembourg based subsidiary Goodyear S.A. will commence a cash tender offer to acquire any outstanding shares in Polish tyre company TC Debica for 59.52 PLN per share.

22nd September 2009/by Tyrepress Editors

Truck Tyre Replacement Market is Weathering the Storm

In the midst of some of the worst falls in Europe truck tyre production in a decade, opinions about the short and medium term prognosis for the segment remain divided. But while the research available fails to offer conclusive answers to the question of whether or not the truck tyre market has yet “bottomed out”; and fails to clearly indicate whether or not it is yet in recovery mode, there are signs that the worst is over. Looking at the SMMT’s UK commercial vehicle registration figures is a depressing place to start, but it reflects how bad the situation has been up till now. This data shows that there were just 309 3.5 – 6 tonne truck registrations (-35.89 per cent) in August; 7,531 3.5 tonne van registrations (-34.56 per cent); and 1546 heavy truck registrations (-46.49 per cent). Year-to-date registrations aren’t any better and are currently -43.88 per cent, -21.79 per cent and -44.59 per cent for each of those three segments at 203,117; 5,669 and 32,263 registrations respectively. According to SMMT chief executive Paul Everitt, not only are the truck and van markets “dogged by weak demand,” but the outlook is that “van and truck registrations will stabilise at around 45 per cent down” compared with 2008.

9th September 2009/by Tyrepress Editors

Debica Increases Truck Tyre Production 17%

In the midst of a downturn that has hit the European truck tyre segment as hard as any market in the world, Goodyear’s TC Debica S.A. has announced that it is re-starting truck tyre production by increasing output 17 per centfrom its current position. According to local news sources, the company is reducing passenger car and light-commercial tyre production by 8 per cent at the same time, with agricultural tyre output being reduced 7 per cent. Polskie Radio Rzeszow reported that the move is due to "The effect of the situation in the automotive market and reduced demand for certain products.”

8th September 2009/by Tyrepress Editors

Kabat Company Increases Capacity 60%

At the beginning of 2009 Polish tyre tube and rubber product manufacturer Kabat Company reported that it increased its annual production capacity by 60 per cent after purchasing equipment from Goodyear-Debica.

7th August 2009/by Tyrepress Editors

A Larger Slice of the Cake – high performance tyre market data

Product News, UK News

During the 1990s the US television series ‘The X-Files’ popularised the catchphrase “the truth is out there.” But while the programme focused on little green men and other unexplained phenomena, it could have easily referred to the high performance tyre market. The truth about this market segment is, you see, somewhere out there. Yet it is difficult to place one’s hands with confidence upon a single, authoritative source of data that tells exactly how things are and where they are headed. What can really be said about the high performance tyre market?

12th May 2008/by Chris

Goodyear Poland Expansion to Create 400 New Jobs

As reported on February 26, Goodyear has requested that Poland’s TC Debica, in which it holds the major shareholding, triple its production of commercial vehicle tyres from 1,700 to 5,000 units a day. This increase output is needed, says Goodyear, to meet European demand for high quality truck tyres.

Goodyear has had a majority ownership interest in TC Debica, Poland’s largest tyremaker, since 1995, and the Polish company’s management board will decide whether to go ahead with making the necessary investment to expand production there. Goodyear estimates the expansion will require an investment of more than US$200 million. Such an investment, which would likely involve assistance from Polish national and regional authorities, would create 350 to 400 new jobs at TC Debica.

27th February 2008/by Tyrepress Editors

Goodyear Settles Minority Shareholder Unease in Poland

A disagreement between Goodyear and the largest minority shareholder in its Polish TC Debica operation has been resolved. On February 26 the US tyre major agreed with Polish investment fund PZU Asset Management that it would increase its stake in and significantly increase its production of commercial vehicle tyres.

The dispute originated in allegations from minority shareholders that Goodyear was harming their interests through intra-group transactions that diminished TC Debica’s results in favour of those of the parent company. After disappointing third-quarter results PZU Asset Management, which holds about 15 per cent of TC Debica shares, and other investors called for a shareholders meeting to appoint an independent auditor to investigate the relationship between Debica and Goodyear.

26th February 2008/by Tyrepress Editors

Removing the Strain

Not all industry training takes the form of a structured learning module, delivered in a location removed from the regular working environment. The experiences of Goodyear highlight that training can be akin to a component in a machine, one part amongst many but essential for its proper functioning.

Towards the end of 2004 a number of senior executives at Goodyear examined data on workplace injuries at the company’s facilities. What surprised them was not the occurrence of injuries commonly associated with a factory environment, such as cuts, grazes and the occasional more serious mishap – it was the prevalence of strains, sprains and other preventable injuries. As a company that has long made efforts to minimise workplace hazards, Goodyear decided the figures indicated room for improvement.

3rd October 2007/by Tyrepress Editors

Goodyear Poland’s Premio Chain Grows

Goodyear Poland’s recently formed Premio retail chain has opened some 45 new outlets in the last eight month. According to the Warsaw Business Journal, the aim is to increase this to 80 by the end of the year. The news follows reports in February that Goodyear had committed to investing over US$100 million to upgrade the UHP production capabilities of the plant over the next 3-4 years. Debica, Europe’s biggest tyre plant according to some, was acquired by Goodyear in 1996 as the company sought to tap the fast-growing Polish market and develop a production base for exports. Exports accounted for 75 per cent of Debica sales last year.

16th May 2007/by Tyrepress Editors

Goodyear’s Polish Affiliate to Branch into UHP Tyres

The Goodyear Tire & Rubber Company has stated that its affiliate company in Poland plans to invest more than US$100 million to expand production of high-value tyres. The investment, which will be implemented during the next four years, will be made at Goodyear’s TC Debica plant, one of the company’s lowest cost facilities. The investment is consistent with Goodyear’s current strategy of upgrading and expanding existing capacity to produce HP and UHP tyres.

21st February 2007/by Tyrepress Editors

More HP Tyres for Polish Motorists

The tyre market in Poland is growing continuously. In 2005 about 7.67 million passenger car tyres were sold (+4 per cent on 2004) and this figure is expected to increase by another 7 to 8 per cent during the year, according to a report published by the German governmental institute BFAI. Consequently, this year about 8.2 to 8.3 million PC tyres will be sold on the replacement market in Poland. “Long gone are the times when everybody drove the same tyre all the time. The development in different market segments has been quite heterogenous,” the report points out. High speed and therefore high performance tyres have experienced the strongest growth rates in the recent past. The Polish low budget segment in turn is constantly losing market share.

1st December 2006/by Tyrepress Editors

Pneuservice Group: Seven Decades of Tyre Distribution

For 70 years, the Pneuservice Group has operated as a leader in tyre distribution. As one of the largest import/export distributors in Italy, Pneuservice deals with everything from scooter to passenger car, truck, and earthmover tyres, trading more than two million tyres per year. The group’s offices, depots, and more than 230 franchises are spread throughout Italy and are renowned for fast, efficient and courteous service.

25th April 2006/by Tyrepress Editors