Goodyear Archives - Page 124 of 247 - Tyrepress

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

Goodyear Assessing Impact of Venezuelan Currency Devaluation

On January 8, the Venezuelan government announced the devaluation of its currency, the bolivar fuerte, and the establishment of a two-tier exchange structure. This has seen the official exchange rate against the US dollar slide from 2.15 bolivar fuerte per dollar to 4.30, except in the case of essential goods, for which the rate is 2.60. This significant currency change has impacted tyre makers active in the South American country; Goodyear Tire & Rubber reports it expects a first-quarter 2010 charge of about $150 million (62 cents a share) in connection with the devaluation.

19th January 2010/by Tyrepress Editors

Titan Tire to Raise Prices in March

Titan Tire Corporation, a subsidiary of Titan International, has announced price increases for its Titan branded OTR, agricultural and construction tyres, and Titan manufactured Goodyear branded agricultural tyres. These price rises will take effect March 1, 2010, and will in most cases incorporate an increase of up to six per cent. Titan comments, however, that “certain tyre prices may rise in excess of six per cent due to realignment and positioning of the product.”

18th January 2010/by Tyrepress Editors

Goodyear Settles With DJ AM’s Estate Over 2008 Plane Crash

The estate of Adam “DJ AM” Goldstein has settled a lawsuit with Goodyear Tire & Rubber and several other defendants over a 2008 plane crash that killed four and left the disc jockey with burns.

15th January 2010/by Tyrepress Editors

Alliance Appoints Former Goodyear Exec

Alliance Tire Group has appointed Manuel Pintado as president of Alliance Tire Europe BV. Pintado, who joins Alliance after previously heading industrial, farm and OTR tyre initiatives for Goodyear’s Europe Middle East and Africa region. Prior to this, Pintado held management positions in the Earthmover tyre segment across Europe and Latin America.

"With the commissioning of our India facility and the acquisition of the Galaxy and Primex brands during 2009, the Alliance Tire Group is well positioned to emerge as a leader in the Global Off-Highway tyre industry; Manuel's appointment is another important step in this direction and we are sure the Group will benefit immensely from his leadership in Europe, which has been historically the most important market for the Group " said Yogesh Mahansaria, CEO of the Alliance Tire Group, welcoming him to the company.

14th January 2010/by Tyrepress Editors

Analysts: US Replacement Tyre Market Recovering

In the US, RMA members reported that replacement tyre demand grew 9.3 per cent year-on-year in December 2009, from a drop of -16.0 per cent the year before. Financial analysts pointed out that the overall market volume grew 6.1 per cent, implying that domestic tyre manufacturers (namely Cooper Tire and Goodyear) continued to experience market share gains. The is believed to be a result of last year’s Chinese-made tyre tariffs as Chinese produced tyres reportedly occupied 16.6 per cent of the US market in 2008.

13th January 2010/by Tyrepress Editors

Steam-Powered Record-Breaker Visits Goodyear’s TyreFort

Goodyear’s TyreFort in Birmingham was today visited by a rather special guest; the British Steam Car. The unusual and record-breaking car braved the snow to be demonstrated to the 250 employees based at TyreFort; an especially appropriate setting given that the car runs on Goodyear rubber.

13th January 2010/by Tyrepress Editors

Snow and Ice “Good News” for Goodyear

This winter has brought the severest conditions experienced for some years, and this has been bad news for many UK motorists – but good news for Goodyear. The tyre maker reports its use of the snow and ice as a springboard to educate motorists on the importance of road and tyre safety. While gaining media interest in tyres is usually a challenge, Goodyear says that, with driving and safety at the top of the agenda, it has been provided with a “good opportunity”.

11th January 2010/by Tyrepress Editors

Yokohama OE for 2 New Toyotas

Yokohama has announced two new OE fitment agreements for North American markets. The first of these is for the 2010 Toyota Prius, which will be delivered to US and Canadian customers fitted with Yokohama’s AVIDR S33D in size P195/65R15 89S. Last November Goodyear also announced its Assurance Fuel Max tyre will be fitted as OE to the third-generation Prius. Toyota’s 4Runner will also be Yokohama shod in US, Canada and Mexico, with models of the SUV in these markets supplied with the GeolandarR G96B in size P245/60R20 107H.

6th January 2010/by Tyrepress Editors

Analysts Predict Strong Winter Tyre Season

Market analysts at Deutsche Bank are predicting that the European market is in the middle of experiencing a strong winter tyre season. After two weak years in Germany, 2009 was strong due to low dealer inventories and good winter conditions, the analysts point out. And if the second run of cold weather and snow affecting the UK and Europe at the moment is anything to go by 2010 is offering the right conditions for increased demand in this sector.

5th January 2010/by Tyrepress Editors

OTR Retreads Can Match Premium New Products – TRIB

New premium brand OTR tyres used in the mining and construction industries can costs as much as US$25,000 each, yet TRIB, the Tire Retread & Repair Information Bureau, reports a number of its members are able to produce retreads that fully match the hour/mileage performance of these products – for a price that is around 30 to 40 per cent less.

4th January 2010/by Tyrepress Editors

Goodyear Chief at White House Meeting

Goodyear chairman and CEO Bob Keegan will be among a group of executives invited to a White House meeting today to discuss the state of the US manufacturing sector, says Tire Review. The meeting will be hosted by Vice President Joe Biden.

16th December 2009/by Tyrepress Editors

New Zealand Survey: Unroadworthy Tyres on 16% of Vehicles

According to a survey conducted by Goodyear Dunlop in New Zealand, some 16 per cent of all vehicles in the country’s major centres have at least one unroadworthy tyre. The 1,600 vehicles surveyed in the cities of Auckland, Wellington and Christchurch showed a 40 per cent increase in tyre-related defects over a similar survey conducted in 1999.

16th December 2009/by Tyrepress Editors

All Change in UK Commercial Vehicle Tyre Market 2009

In 2009 Bridgestone and Michelin remained relatively stable market leaders in the UK commercial vehicle tyre market. However a real turnaround has taken place in the rest of the top five. According to Tyres & Accessories’ research, the recession has resulted in traditional truck and bus tyre market stalwarts Goodyear Dunlop and Continental being leapfrogged by relative newcomers Hankook, which now resides in third place with a 20 per cent market share.

While Continental didn’t explicitly confirm all the details of T&A/tyrepress.com’s research at its annual market trends briefing in London on 11 December, a spokesperson did concede that the company had slipped to fourth place in 2009 (holding 15 per cent of the market), after its group brands occupied third position in 2008: “We reached third position in 2008, but the challenging economic conditions mean that we are currently fourth in the market with an aim to regain ground in the next three years.”

15th December 2009/by Tyrepress Editors

Goodyear EfficientGrip OE on Electric Renault Fluence

The prototype tyre containing the BioIsoprene technology developed by Goodyear and Genencor is gaining much attention at the United Nations Climate Change Conference in Copenhagen, yet Goodyear points out that products it has already made available to consumers are also represented at the high profile event. The tyre major notes that journalists covering the conference are being transported around the Danish capital in a pre-production example of the electric-powered Renault Fluence Z.E. fitted with its EfficientGrip tyres.

9th December 2009/by Tyrepress Editors

Goodyear Produced BioIsoprene Tyres to Feature at UN Conference

Copenhagen is hosting the United Nations Climate Change Conference, and present at the event will be the world's first concept demonstration tyres made with BioIsoprene technology. This breakthrough substance, which replaces a petrochemically produced ingredient used in the manufacture of synthetic rubber with renewable biomass, made its debut in the Danish city in early December. Several tyres, produced in collaboration between Goodyear and industrial biotechnology company Genencor, have been shipped to Copenhagen. One will make appearances at several events during the conference. Others will be displayed in several locations, including at Copenhagen International Airport’s departure lounge through to December 21.

3rd December 2009/by Tyrepress Editors