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Goodyear to pay Sumitomo US$271 million to end global joint venture

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Goodyear's Akron, Ohio headquarters

The Goodyear Tire & Rubber Company is to pay Sumitomo Rubber Industries, Ltd. (SRI) US$271 million to end its global joint venture with the Japanese firm. Goodyear expects to increase annual income as a result of the deal, while SRI will take on expanded use of the Dunlop name around the world. This largely means Russia, Africa and Asia, but not Europe.

The reasoning behind the dissolution? According to SRI, the North American and European joint ventures did not perform as initially expected. Furthermore there was decreasing technology exchange between the two companies – all of which led both parties to “dissolve the alliance in a constructive manner”. This led to the arbitration filing and subsequent dissolution talks in January and February 2014 respectively.

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Related news:

  1. Goodyear ending Sumitomo alliance due to “anti-competitive” behaviour
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The Tire Cologne ‘confirms key players’ for 2018 opening

The Tire Cologne – the Koelnmesse organised rival exhibition to Messe Essen’s Reifen series, commencing in 2018 – has fired the starting pistol in its registration phase. The exhibition, which will take place in Cologne at the same time as Reifen 2018 in Essen (29 May to 1 June 2018), will feature important tyre and wheel business players from across the industry.

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How Goodyear’s tyre products and technologies support ongoing growth

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Looking around the 2015 CV Show, it’s easy to see that there is a significant amount of Goodyear-shod vehicles being exhibited. One particular example that Goodyear representatives pointed Tyres & Accessories to is the well-known truck manufacturer DAF, which brought a particularly high number of Goodyear-equipped trucks to the show. So, with this in mind, can such a strong showing in the exhibition fitment stakes be seen as a metaphor for the company’s ongoing growth? T&A met with Marc Preedy, Goodyear commercial director UK & Ireland, to find out.

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Related news:

  1. Goodyear aggressively pursuing leading position in UK truck tyre market
  2. Goodyear Dunlop Wolverhampton retread plant closure: history and reaction
  3. Goodyear Dunlop Tyres UK MD on proposed closure of Wolverhampton plant
  4. Large stand drives ‘record visitors’ to Giti at CV Show
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4×4 or SUV tyre sector?

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During the course of the last decade, the 4×4 vehicle sector has rapidly evolved out of its utilitarian roots and – thanks to the advent of the Sports Utility Vehicle or SUV – become a distinct category of often luxury road-going cars. The speed of this evolution has increased thanks to the arrival of the Crossover Utility Vehicle or CUV. In-turn these changes necessarily impact the make-up and even the definition of the 4×4 tyre market. All this has been further impacted by the European legislation putting pressure on reducing noise levels produced by out-and-out off-road tyres in particular. The result is a market that is now much more SUV than off-road or even mixed-use driven.

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Related news:

  1. Top tyre manufacturers deny involvement in tyre test manipulation
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Tyre network launches ‘HiQ-In-A-Box’ concept

HiQ has launched what it calls the HiQ-In-A-Box concept with a new centre in Maidstone. HiQ-In-A-Box is designed to give franchisees an accelerated expansion route to market by delivering a turnkey ready-made centre. Explaining the initiative, Mark Widdows, HiQ national franchise manager, said:

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Goodyear introduced 8 new AA-labelled EfficientGrip Performance tyre sizes

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The latest AA passenger car tyre has arrived, with eight sizes of Goodyear’s EfficientGrip Performance meeting the wet grip and rolling resistance criteria. The brand is now providing one of the largest number of tyre sizes sporting AA EU tyre label grades on the market. The new sizes complement an already extensive BA rated offering from Goodyear on the market today, with 53 EfficientGrip Performance sizes rated BA.

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Related news:

  1. Goodyear follows up a winter hit with the UltraGrip 9
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Family affair – Jürgen Titz replaces brother in Goodyear ‘DACH’ role

Former UK and Ireland director of consumer tyres for Goodyear Dunlop, Jürgen Titz, has been appointed head of consumer replacement for the tyre maker’s Germany, Austria and Switzerland, or DACH, region cluster. In his new role, he will coordinate all consumer tyre-related sales and marketing activities in the three German-speaking countries. Titz will also join the management of Goodyear Dunlop Tires Germany, which is led by George Rietbergen. Jürgen Titz succeeds his brother Frank Titz, who as general manager will lead Goodyear’s business in Russia.

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  1. Goodyear Dunlop names Jürgen Titz DACH region group managing director
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Goodyear Dunlop opens winter test circuit in Finland

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Goodyear Dunlop has opened a new winter tyre testing facility, the Arctic Centre, in Ivalo, Finland. Located 300 km north of the Arctic Circle, near the town of Ivalo in North Eastern Finland, the Arctic Centre is one of Europe’s leading winter tyre testing centres, and as of December 2014, will be exclusively used by Goodyear Dunlop. Jean-Pierre Jeusette, general director of Goodyear’s Innovation Centre, Laurent Colantonio, director of global tyre performance prediction and, representing the company‘s Nordic Region, Ludvig Nauckhoff, general manager Nordic were present as the ribbon was cut.

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Related news:

  1. Hankook building winter tyre proving ground in Finland
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Michelin, Goodyear and others honoured at TyreSafe awards

Michelin secured top honours at the 2014 TyreSafe awards, winning the ‘Outstanding Contribution’ award in recognition of its long term commitment and innovation in raising awareness about tyre safety issues. In recent years, the company has rolled out a number of successful tyre safety education programmes including its puppet road show events for young drivers, […]

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TIP Trailer Services extends Goodyear tyre contract

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TIP Trailer Services has extended its truck tyre contract supply contract with Goodyear until the end of 2016, at which point the two companies will celebrate 10 years of working together. With more than 50,000 vehicles, TIP Trailer Services is one of Europe’s leading equipment services providers, specialising in the leasing and rental of trailers, tankers and other equipment. The contract, which covers the supply, service and management of tyres for TIP Trailer Services, commenced in 2006.

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Phil Stanton becomes County Tyres’ first strategy director

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County Tyres has announced the appointment of Phil Stanton in the newly created role of strategy director. Formerly Goodyear Dunlop UK & Ireland sales manager for farm tyres, Stanton joined the group on 1 November to work closely with managing director, Rob Freeman, in developing future strategy.

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  1. T&A meets Goodyear Dunlop UK managing director Erich Fric
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Goodyear names France, MEA region managers

Goodyear Dunlop has appointed Edouard Carpentier director of its Consumer Tires business unit in France. The former French market supply chain director replaces Jean-Denis Perche, who began as general manager of Goodyear Dunlop’s Middle East and Africa (MEA) region on 1 August. In their new roles, Carpentier and Perche respectively report to EMEA region sales director Pietro Saletto and vice-president Emerging Markets EMEA Henry Johnson.

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Is Hankook the current UK truck tyre market leader?

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It seems we have a new UK commercial vehicle tyre market leader – Hankook. As well as featuring “Industrial and Speciality tyres” from pages 58 to 69 of this September’s edition, this month we have also taken a detailed look at the development of UK truck tyre market. This meant speaking to high level contacts at various manufacturers, wholesalers and third-party analysts in order to produce an original analysis of the status quo. Our analysis was compared to a similar exercise Tyres & Accessories undertook in 2009 in order to give the overview some longer-term perspective. The results are published on pages 24 to 43 for your reading pleasure and engagement.

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Related news:

  1. 4×4 or SUV tyre sector?
  2. Top tyre manufacturers deny involvement in tyre test manipulation
  3. Full house of UK’s biggest CV tyre brands at CV Show 2015
  4. Giti enters the top 10 of leading tyre manufacturers
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Goodyear Dunlop appoints ex-JCB marketing manager as new commercial product market manager

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Crispin Turner, previously marketing communications manager at JCB, has joined Goodyear Dunlop UK & Ireland as commercial product marketing manager. Turner, who previously oversaw for the marketing of products in North, South and Central America at JCB, as well as looking after two products globally, joins Goodyear Dunlop to lead its marketing activities across the commercial vehicle business, reporting into UK and Ireland commercial director, Marc Preedy. Adam Stanton who was previously Commercial Product Marketing Manager is taking up a new post as Commercial Product Marketing Manager for EMEA. In this role he will focus specifically on Retread and OTR products reporting into Davide Califano, marketing manager EMEA.

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New Goodyear Dunlop consumer tyre director aims to maximise success

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At the start of November 2013, Goodyear Dunlop appointed Nick Harley as director Consumer Tyres for Goodyear Dunlop UK and Ireland. At the end of July 2014, Tyres & Accessories caught up with him to hear – nine months in – his reflections on the current state of the tyre market and what he can foresee in the future.

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  1. Andy Marfleet appointed Goodyear Dunlop marketing director UK
  2. Organisational changes planned for Goodyear Dunlop’s ‘D-A-CH’ region
  3. Goodyear drops Dunlop brand in registered name change
  4. Goodyear Dunlop names new UK director, Consumer Tyres
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