Goodyear Archives - Page 203 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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Slow Quarter for Tyre Manufacturers

Financial analysts are reporting that this quarter is likely to be a slow quarter for retailers and tyre manufacturers. According to the Deutsche Bank analysts, tyre shipments were weak in September declining 6 per cent year over year. This is said to have follow a 7 per cent decline in July and a further 1.5 per cent slip in August. As a result, the consultants are predicting that US tyre makers will experience, on average, a 5 per cent drop during the quarter. Industry players are attributing the weakness to weather in Southeastern US and the ever-increasing fuel prices, impacting on car maintenance spending. This analysis means that the bank is lowering is third quarter estimates for both Goodyear and Cooper.

11th October 2004/by Tyrepress Editors

Goodyear Expands Availability of its ‘Unique’ Tyres

Goodyear Tire & Rubber Company has announced that it will expand availability of its Assurance tyre. The company will add three more sizes of the product, which features TripleTred Technology.

8th October 2004/by Tyrepress Editors

Demand for Wet Tyres Grows

After a long summer soaking and autumn that is showing little sign of being different, demand for wet weather tyres is “soaring,” according to automotive retail chain, Hi-Q.

8th October 2004/by Tyrepress Editors

R H Claydon to Distribute Dunlop

R H Claydon has announced that it has been appointed the sole distributor of Dunlop’s Agricultural, Industrial and MPT tyres in mainland UK and Northern Ireland, from the beginning of October.

7th October 2004/by Tyrepress Editors

Goodyear Dunlop PA Wins National Award

Jackie Mead, PA to the general manager of Goodyear Dunlop Tyres UK Ltd, has won the inaugural Smart Secretary/PA of the Year Award.

5th October 2004/by Tyrepress Editors

European Truck Racing Champion On Retreads

This weekend Jarama in Spain hosted the penultimate racing weekend in the truck-racing calendar. While new Goodyear tyres dominate in the Super Race class, in the smaller, Truck Race class both the first and second place drivers had retreads fitted to their axles. For the two most successful drivers at this meeting, Rigdon retreads were the chosen products.

Englishman Stuart Oliver leads the championship with 21 points, ahead of Germany’s Lutz Bernau. The two competitors are the only two drivers that have a chance of becoming the new European Champion at the final race weekend in Le Mans.

Either retreads or new tyres are allowed on the drive axle. On the steering axle retreads are prohibited.

4th October 2004/by Tyrepress Editors

Goodyear Appoints New Asia-Pacific President

Goodyear Tire & Rubber Company has announced that Pierre E Cohade, formerly executive vice president of worldwide water and beverage company, Groupe Danone, will become president of Goodyear’s Asia-Pacific region.

4th October 2004/by Tyrepress Editors

Goodyear Downgrade to Neutral

JP Morgan has downgraded Goodyear Tire & Rubber from “overweight” to “neutral.”

Analysts claim that the downgrade is based on “valuation” and the company’s “less bullish growth prospects in 2H.” So far this quarter the company’s share price has appreciated 18 per cent in absolute terms and this combined with slowing growth rates has brought down the company’s rating. JP Morgan also asserts that Goodyear is unlikely to witness significant gains from its recent price increases.

30th September 2004/by Tyrepress Editors

New Ferrari to use Goodyear Run Flats

This year’s Paris Motor Show saw the unveiling of Ferrari’s new F430, the successor to the 360 Modena.

28th September 2004/by Tyrepress Editors

Goodyear’s ‘Unique’ HydraGrip Promotion

Taking what the company describes as a “brand new approach,” Goodyear commissioned the UK’s first HydraZorbs to mark the launch of its HydraGrip tyre.

27th September 2004/by Tyrepress Editors

Goodyear-Butler Technical Training Travels Italy

The third “EMT-DSST Technical Training” organised by Goodyear-Dunlop in co-operation with Butler was held in Carpi Modena at the beginning of September.
More than 70 independent Goodyear dealers from northern-central Italy attended the training session, which the company believes “met several goals.”

Mr Marco Moretti, Goodyear Italy marketing manager, introduced the features of run-flat tyres, whilst Mr Alberto Tadolini, Butler sales manager, focused upon the technical and practical skills associated with handling EMT and DSST tyres. Practical application of the theoretical session was also put into play with the use of different Butler tyre changers and trainers. The next session will be held on 6-7 October in Nola, Naples.

27th September 2004/by Tyrepress Editors

Goodyear and Dunlop Show New Lines

Goodyear and Dunlop have exhibited a number of new and forthcoming products at the 60th IAA show in Hanover. While they shared exhibition space, the two brands maintained their independent identities and made every effort to affirm the company’s emphasis on economy.

23rd September 2004/by Tyrepress Editors

Conti Plan Chinese Venture

Chinese company Qingdao Doublestar has announced that it is forming a joint venture with Continental in China.

In a statement to the Shenzhen stock exchange the Chinese company is said to have reported that Conti is expected to start negotiations on financial terms and other venture details.

Once again the market’s focus is on China, where passenger car sales surged 76 per cent last year to 1.97 million units. Goodyear Tire & Rubber, Michelin and Yokohama all have existing operations within the expanding market.

21st September 2004/by Tyrepress Editors

Michelin Tops Customer Satisfaction Survey

The JD Power and Associates 2004 Original Equipment Tire Customer Satisfaction Survey has placed Michelin at the top of three of its four Categories.

21st September 2004/by Tyrepress Editors

Goodyear to Supply World’s Largest Pickup

International News, Product News

Goodyear is to supply tyres for the new International pickup truck. At nine feet tall, the new vehicle will be two feet taller than the Ford F-350 or Humvee.

The International CXT, Commercial Extreme Truck, will be the world’s largest production pickup truck, according to the company. Every large vehicle needs large tyres in this case 22.5 inch tyres. Chuck Yurkovich, general manager of Goodyear original equipment commercial, said the tyres will provide some “serious traction.” The 14 ply tyres will have to support the seven-ton pickup as well as the six tons of payload it can carry. In the front the truck will use Unisteel G159A radial tyres and G167A high-mileage drive axle tyres in the rear.

15th September 2004/by Tyrepress Editors