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.
(Akron/Tire Review) The Shanghai Daily reported last week that Goodyear Tire & Rubber Co. has launched a consumer tyre service plan in China, responding to a similar scheme unveiled by Groupe Michelin earlier in the week. Much like Michelin’s plan, Goodyear will offer Chinese tyre buyers a two-year package that includes 24-hour roadside assistance, flat tyre repair, towing and other services.
The Goodyear Tire & Rubber Company has announced the addition of new Dunlop tyres to its offering, aimed at filling out its commercial tyre line. The company is rolling out new tyres and sizes in mixed-service to go along with its full line of Dunlop line-haul, regional and urban tyres. Mixed-service tyres, which can be used on- and off-road, feature severe-service tread compounds and improved belt packages for improved resistance to cutting, chipping and tearing when the tyre leaves the roadway. The tyre’s open lug design provides countless tread edges for grip, and yet, tyre technology is used to deliver ride comfort and quietness on the road, company officials said.
(Akron/Tire Review) Goodyear Tire & Rubber Co. announced a series of personnel changes in its R&D group. Lyn Lovell, previously director of government compliance and product performance, was named director of global technology planning, a new position created to “increase the speed at which new products get to market, maintain technical leadership, and ensure alignment with business needs,” according to Goodyear.
National car care operator, Hi-Q has said farewell to its founder, Jack Blacklock, who sadly passed away recently. Jack, who was 87, founded Tyre Services in 1949, starting the company from premises in Denton Holme, Carlisle. He leaves behind a daughter, son-in-law and grand-daughter.
The Goodyear Tire & Rubber Company has confirmed that staff of the Securities and Exchange Commission have terminated their investigation into accounting matters included in the company’s restatement of financial results, announced in October 2003, and in subsequent public filings.
(Akron/Tire Review) Goodyear India Ltd. has nearly completed a major expansion at its passenger tyre plant in Aurangabad, India, boosting its annual capacity to 1.8 million tyres. Goodyear hopes the increase in radial production, due to start in June, will help it become one of India’s top selling tyre brands.
Goodyear has been aiming to help reduce the risks associated with the traditional April shower by promoting wet weather safety on the radio. Goodyear has been tackling this head on with a series of interviews promoting wet weather safety on radio stations up and down the country. After all, 32 per cent of road accidents occur in the wet.
(Akron/Tire Review) Last night, at the Mid America Trucking Show in Louisville, Ky., Goodyear Tire & Rubber Co. presented Ashford, Ala., truck driver Douglas Crawford with the 23rd Goodyear North America Highway Hero Award.
(Akron/Tire Review) US District Court Judge John Adams has dismissed the class-action lawsuit alleging securities fraud filed against the Goodyear Tire & Rubber Co. and some of its current and former officers.
The Goodyear Tire & Rubber Company has received Spartan Chassis Inc.’s “SPARC” Award for commercial tyres installed on Spartan recreational vehicle and fire truck chassis.
Spartan Chassis – part of Spartan Motors Inc. – said the award involves product quality, supply and delivery, engineering and technical support, sales and marketing, and training and warranty support.
Goodyear Tire and Rubber Co. says it expects sales in Asia to rise 6 per cent this year compared with an 8.5 per cent increase in 2005, Asia Pacific President Pierre Cohade told Reuters. “We anticipate the industry in Asia to grow 5 per cent this year and we are aiming to gain 6 per cent,” Pierre Cohade said on the sidelines of an American Chamber of Commerce event in Shanghai. Cohade said the forecast was based on a mild slowdown in growth in the China market, one of its major growth drivers.
Goodyear Engineered Products has appointed Jim Pecorelli as vice president and general manager of its North America region. Pecorelli had been director of global manufacturing since 2003. Prior to that, he held general manager positions for Goodyear’s industrial power transmission product, hose and conveyor belt businesses over an eight-year span. Pecorelli joined Goodyear in 1982.
“Jim’s expertise and leadership skills strengthen the link between our sales and marketing, manufacturing and supply chain operations to support continued sales growth,’” said president Tim Toppen. ‘”Externally, he knows our customers and understands the markets and channels. Internally, he has led our commercial and manufacturing teams.”
(Akron/Tire Review) Pensler Capital Corp. is out of the running to buy Continental Tire North America’s (CTNA) OTR tyre plant in Bryan, Ohio, sources told Tire Review. Titan International now appears to be the front-runner to obtain the giant tyre facility.
Pensler, said sources, held a number of negotiating sessions with the United Steelworkers and USW Local 890 to facilitate the purchase, but the union rejected each offer made. Pensler, which owns Denman Tire Corp, came into the bidding in January and had signed a letter of intent to buy the plant on 16 January.
Former Budget Tyres and Exhausts managing director, Brian Kidd is to take over the running of Sir Tom Farmer’s Farmer Autocare chain. As the new managing director, he is expected to draw up a strategy to raise Farmer Autocare’s growth rate. Currently Farmer Autocare has 13 outlets despite predicting that it would have 20 by spring 2004. Rather than working as Farmer employees, managers are encouraged to invest alongside the tycoon in up to three local branches with a total capital of £100,000 each.
Goodyear and Dunlop truck tyre customers across Europe will shortly benefit from a major improvement in service through the direct delivery of products from the company’s plants in Germany and Luxembourg. Customers will benefit from reliable on-time deliveries, a vital element of successful tyre management planning.
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