Goodyear Archives - Page 181 of 243 - 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.

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Will Continental Retreat from the North American Market?

Dr Alan Hippe has admitted that retreating from the North American tyre business is an option. This is the first time a top-level manager has made such an assertion. Dr Hippe, board member responsible for finance, controlling and law – and also Continental Tire North America (CTNA) president and CEO – told German daily Die Welt: “In principle, if there is no more prospect of profitably working in the US passenger car tyre business, in the long run we will withdraw the US market.” CTNA’s US passenger car tyre business has been in the red since 2000.

5th May 2006/by Tyrepress Editors

Goodyear Opens New DC For Central Europe

(Akron/Tire Review) Goodyear Dunlop has opened a new distribution centre in Senec, Slovakia, which will serve the central European region. Consequently, the company will close its current warehouses in the Czech Republic, Hungary and Slovakia, according to reports in the Prague daily Monitor.

5th May 2006/by Tyrepress Editors

Goodyear Has Record First Quarter

Goodyear Tire & Rubber Co. reported a net income of $74 million for the first quarter of the year against record first quarter sales of $4.9 billion. Sales for the quarter were up 2 per cent compared to the same period last year, while the net income results were up 9 per cent versus the first quarter of 2005.

Sales declined 5 per cent in the European Union Tire business compared to the first quarter of 2005, which was the strongest first quarter in the unit’s history. Price and product mix improvements were not enough to offset unfavourable currency translation of approximately $98 million and lower volume in the consumer replacement market.

5th May 2006/by Tyrepress Editors

High performance tyre sales support UK market development

News, Product News, UK News

The ERMC-compiled Europool figures report that the total UK passenger car tyre market amounted to 16,111,696 units in 2005 (down 1.9 per cent on 2004). This compares with a slightly larger drop in the Europe-wide total of 117,242,516 (down 2.9 per cent on 2004). However, due to the way these numbers are compiled (excluding tyres that are not produced within reporting countries) they are perhaps overly optimistic. As industry insiders will be aware, the total market is actually more than 10 per cent larger and has fallen significantly more than one to two per cent in recent years. New figures compiled by market research company GfK put the total market at 18.49 million units, down 13 per cent over 2004 in terms of volume (21.33 million in 2004 and 22.58 million in 2003).

4th May 2006/by Chris

Goodyear Philippines to Add 50 Dealers

(Akron/Tire Review) Goodyear Tire & Rubber Co.’s Philippines business will add 50 more dealers and introduce new products in the region, according to the Philippine newspaper Manila Bulletin.

3rd May 2006/by Tyrepress Editors

Tires & Rubber Moscow Awaits its Jubilee

The fact that the Russian tyre market is among the most interesting in the world could not have failed to raise expectations about the Tires & Rubber Moscow exhibition, which took place for the ninth time in March.

Although the organisers of the Russian tyre show reported a drop in the numbers of exhibitors and visitors, organisers Maxima are confident about the future and believe that the show is on track. The 10th anniversary exhibition will take place in Moscow’s Expocentr from 12-15 March 2007.

3rd May 2006/by Tyrepress Editors

NTDA TAFF Award Winners

At the NTDA 2006 TAFF Awards Dinner at the Hilton Hotel, NEC Birmingham earlier this week, the coveted TAFF trophies were presented by Mark Lovett of Renault UK Vans, the Awards sponsors. Announcing the winners, Martin Rowlands, Immediate Past Chairman of the NTDA, said that this year the Awards had attracted phenomenal support, with over 5000 votes being cast.

The winners were:-

Tyre Manufacturer of the Year 2006 – Michelin Tyre plc

National Wholesaler of the Year 2006 – B I T S

Regional Wholesaler of the Year 2006 – North Eastern Tyre & Exhausts Ltd

Product Innovation Award 2006 – Goodyear RunOnFlat

Tyre & Aftermarket Equipment Supplier of the Year 2006 – Rema Tip Top UK Ltd

Environment Award 2006 – C-Tyres Ltd

Industry Advertising Award 2006 (in association with Tyres & Accessories) – Goodyear RunOnFlat

28th April 2006/by Tyrepress Editors

USW and Titan Seem Together on CTNA Plant Buy

(Akron/Tire Review) Not surprisingly, the United Steelworkers (USW), which is facing difficult contract and cutback talks with Continental Tire North America (CTNA), publicly “welcomed” news that Titan International is seeking to buy CTNA’s Bryan, Ohio, OTR plant. The union had refrained from making any public statements regarding the plant’s previous suitors – Roesler Group and Pensler Capital – though. And, the USW’s support of Titan comes after the two parties spent the last five years at virtual war, including a 40-plus month strike.

27th April 2006/by Tyrepress Editors

Increased Synthetic Rubber Use Cuts Costs for Goodyear

Goodyear Tire & Rubber Co. has said that it has doubled the amount of synthetic rubber it can substitute for natural rubber as it looks to control costs. Over 15 per cent of the natural rubber used in Goodyear tyres can now be replaced by synthetic compounds developed by the company, said company spokesman Keith Price. This compares with a previous figure of eight per cent.

27th April 2006/by Tyrepress Editors

Goodyear Announces Q1 Earnings Release

The Goodyear Tire & Rubber Company will report first quarter 2006 financial results before market opens on Thursday, May 4, to be followed by an investor conference call at 11:30 a.m. EDT. Participating in the conference call will be Robert J. Keegan, chairman and chief executive officer; Richard J. Kramer, executive vice president and chief financial officer; and Darren R. Wells, senior vice president, business development and treasurer. They will review Goodyear’s first quarter results.

26th April 2006/by Tyrepress Editors

Goodyear Dunlop Opens New Actionline Callcentre in Birmingham

Goodyear Dunlop has announced an increased investment in Actionline – the 24 hour, 365 day service that will ensure TruckForce customers receive the best emergency roadside assistance support in the industry. The opening of the centre coincides with the Commercial Vehicle Show at the NEC, where Goodyear Dunlop is also announcing the signing of what is believed to be Europe’s biggest Truck tyre service contract with TIP trailer services.

26th April 2006/by Tyrepress Editors

Goodyear Reveals Details of TruckForce Investment

Goodyear Dunlop UK is investing in and reorganising its TruckForce network in a move designed to enhance customer service, company executives told Tyres & Accessories today. In England and Wales Goodyear’s truck business will now be served by 16 hub outlets and 45 so-called “spokes.” These company-owned and franchised dealerships will be supported by a wider network of 250-280 TruckForce partners.

26th April 2006/by Tyrepress Editors

Goodyear Dunlop UK Appoint Franchise Development Manager

Goodyear Dunlop Tyres UK Limited has announced the appointment of Peter Tye as Franchise Development Manager. This new role has been created to spearhead the company’s recently-announced move towards developing franchise opportunities in the vehicle servicing and tyre fitment market. Goodyear Dunlop is investing in its Hi-Q retail chain, and will complement the core of company-owned stores with a relaunched network of franchises, offering the consistent high standards to consumer and fleet customers across the UK. This follows the company’s decision to separate the Hi-Q and Truck Force businesses into two distinct business units in a strategic move to offer focused, dedicated service to satisfy the different needs of both markets.

25th April 2006/by Tyrepress Editors

Goodyear Gaining Market Share in Russia

In the past three years Goodyear has improved its position amongst the growing number of importers supplying tyres to the Russian market, not to mention the replacement market itself. In 2002 the American manufacturer exported some 960,000 Goodyear, Dunlop, Fulda and Sava branded tyres to Russia. According to the Discovery Research Group based in Moscow, this has already grown to 1.39 million units. At the same time Goodyear’s share of the total number of tyres imported into Russia has increased from 12 per cent in 2002 to 17 per cent now, based on a total import market of 8.2 million units each year.

19th April 2006/by Tyrepress Editors

Two New TruckForce Regional Managers

Goodyear Dunlop has announced the appointment of two new Regional Managers to further strengthen their service provider TruckForce.

A major investment has been made in Goodyear Dunlop’s new truck tyre service provider network for the road transport industry. TruckForce focuses on the commercial vehicle and bus market with planned, preventative tyre maintenance and on-site service with each region having a central TruckForce hub with a network of satellite service points and stock holding locations supporting these.

18th April 2006/by Tyrepress Editors