Goodyear Reducing Truck Tyre Production in Luxembourg
The output of truck tyres from Goodyear’s facility in Colmar-Berg, Luxembourg will be significantly reduced until the end of this year. The reason for this decision, the company disclosed in a press statement, is the strong decline in Europe’s truck tyre market, with sales figures much lower than expected. This occurrence has, Goodyear adds, resulted in a steady increase in the overall stocks of truck tyres held by the company.