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.
The TIF’s first Seminar, including representatives from every section of the UK tyre industry, is taking place today, as Tyrepress.com posts this very story. Present on the panel, which will be taking questions from the floor, for the event will be:
In remarks before the 28th Conference on Tire Science and Technology, Goodyear chairman and CEO Robert J. Keegan told attendees that a commitment to rapid innovation, aimed at addressing specific consumer needs, provides a significant “competitive advantage.” Furthermore, in today’s fast paced and economically challenging environment, such a commitment is “critical to a company’s very survival.”
(Tire Review) Following the ratification of Goodyear Tire & Rubber Co’s new, four-year master labour contract was ratified by members of the United Steelworkers union on 19 September, Rich Kramer, COO and president of Goodyear’s North American tyre unit suggested that, “This agreement reflects the commitment of Goodyear and the USW to continue to work together to achieve our common goal of world-class competitiveness.”
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.
The United Steelworkers (USW) announced on September 19 that a new four-year agreement covering some 10,300 USW members at seven Goodyear Tire and Rubber Company plants has been ratified by secret ballot referendum vote, and comes into effect on September 21.
Bandvulc Group, the Devon-based retreading and fleet servicing operation, is aiming to significantly increase Fulda brand truck tyre sales in the UK. Speaking at the company’s Fulda-brand launch event at Bruntingthorpe Proving Ground yesterday (17 September), Bandvulc managing director Patrick O’Connell explained that the company has already equalled the Goodyear Dunlop group brand’s 2008 UK sales volume. Starting as they mean to go on, the company reported that it has already transferred the Tesco fleet's doubledeck OE onto Fulda new tyres.
Fresh reports say that Bridgestone Americas and the United Steelworkers have reached a tentative agreement on a new four-year master contract. The deal was struck, said reports, early Wednesday in Louisville, Kentucky. Neither side made any comment regarding the proposed contract. At four years, the Bridgestone Americas master union deal would match Goodyear’s tentative – but still not ratified – union deal in length. Michelin North America’s new contract with the USW covers three years, as most tyre-maker-union contracts have in the past.
CARE Research has published a new paper detailing the Indian tyre industry. Divided into three sections, covering the five-year period between 2003 and 2008, the basics of the industry and a detailed analysis of the top five players in the industry (Apollo Tyres Ltd, Ceat Ltd, MRF Ltd, Goodyear India Ltd and JK Tyres & Industries Ltd), the report aims to give readers a full understanding of all things tyres in India. Domestic and export markets will be covered. It will be available at http://www.aarkstore.com/reports/Indian-Tyre-Industry-17039.html.
Though silent while the government mulled over the USW’s Section 421 complaint about China-made passenger tyres, both Bridgestone Americas and Goodyear issued statements regarding the Obama Administration’s decision to levy a three-year tariff on the imported tyres.
The police are always the first port of call for those in need of help securing personal safety, but they can only come to the aid of the needy if they themselves have taken the proper precautions. One of the prerequisites for road safety is a tyre up to the job of keeping the car where it should be – even when higher demands than your average drive are made of it. That is why Goodyear, in the run up to October’s tyre safety month, is talking about the fitment of its new tyre, the EfficientGrip to Bedfordshire police, Hertfordshire police and Thames Valley’s police fleet vehicles.
The Obama administration’s announcement that it is to impose tariffs of up to 35 per cent on Chinese-manufactured imports had a large impact on daily trading in the USA and Seoul, as Goodyear and Cooper shares bumped, and Hankook stock floundered.
This week’s Auto Express contains the results of the automotive weekly’s annual product test for 12 of the United Kingdom’s top-selling tyres. With less than 2 percentage points separating the top seven products in the overall rankings, it is fair to say that standards were high when tests were carried out at Continental’s Uvalde, Texas testing facility, but it was Conti’s PremiumContact 2 (speed rated H) and Goodyear’s OptiGrip (V) that led the way in first and second place. However, Auto Express mentions several times throughout the article, which appears on pages 39-48 of the 9-15 September, 2009 issue, that each tyre had its strengths in different categories, presenting percentage-based rankings for each category.
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.”
Many farmers do not realise the potential impact of correctly – or indeed incorrectly – aligned wheels, so Goodyear’s Farm team has made it their business to inform and educate the market through a day of workshop activities for the members of the Goodyear Farm Tyre Specialist Network.
Goodyear turns 111 this year, and is celebrating by recounting its Top 111 Innovations, Inspirations and Historic Firsts.
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