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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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Sava launches All Weather car tyre

Sava

Goodyear brand Sava has launched a new all-season tyre with fitments between 14 and 18 inches. The Sava All Weather is designed for versatile performance in varied road conditions. It carries the Three-Peak Mountain Snowflake symbol (3PMSF), certifying its winter performance. The tyre is the latest all-season product from parent company Goodyear, whose 2020 launched Vector 4Seasons Gen-3 was recently named both the All-Season Tyre of the Year and overall Tyre of the Year by Tyrepress sister site WhatTyre.com. The Sava All-Weather features a similar V-shaped tread design to its premium stablemate, with a range of technologies designed to improve life and fuel efficiency as well as all-season capabilities.

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Related news:

  1. Goodyear follows up a winter hit with the UltraGrip 9
  2. Goodyear develops all-season tyre with A-rated fuel efficiency
  3. Nokian wins Auto Express all-season tyre test; dry performance remains ‘concern’ for segment
  4. ZC Rubber expands Z-series winter tyre lines
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Goodyear introduces EV-4M port handler tyre

Goodyear has launched a new tyre for port applications, and says its focus when developing the tyre was upon “improved tread wear to help increase efficiency,” a “decisive factor in modern port and industrial handling.” A further aim of the Goodyear EV-4M Port Handler is to “promote driver comfort.”

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  1. New Continental TractorMaster size
  2. Continental introducing ‘Port Plus’ compound into harbour tyre range
  3. TerminalMaster V.ply: Continental renames port tyres
  4. Goodyear signs 3-year contract to provide port handling tyres at London Gateway
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Goodyear OE on classic Land Rover Defender

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Goodyear

With Land Rover Defender production ceasing after 67 years of manufacturing, an exclusive limited build programme by Land Rover’s Classic division is going to give 25 enthusiasts the chance to own a special version of the original Defender wearing the Works V8 Trophy badge.

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Related news:

  1. Land Rover Defender returns with Goodyear tyres
  2. Goodyear official Land Rover Experience tyre for Kaza National Park tour
  3. Voith to handle 2.5 million tyre/wheel assemblies a year after expansion
  4. Jaguar to be 100% electric vehicle marque by 2025
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Maxxis beats Michelin, Conti, Goodyear in 2021 summer tyre test

ViBilägare

The Maxxis Premitra HP5 has capped a run of impressive tyre test results by winning Swedish magazine Vi Bilägare’s 225/45 R17 contest. The flagship global brand of Taiwanese manufacturer Cheng Shin beat premium tyres from Goodyear (EfficientGrip Performance 2 in second), Continental (PremiumContact 6 in third, alongside Nokian’s Hakka Blue 2), Michelin (Primacy 4 in fifth), and Pirelli (Cinturato P7 C2 in sixth) in the test, conducted in Mireval, France. The test ranked tyres based on wet handling, braking and cornering grip, curved and straight aquaplaning, dry handling and braking, fuel consumption, noise, comfort and rolling resistance.

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Related news:

  1. 19 finalists chosen for 2015 AutoBild winter tyre test
  2. Nokian wins Auto Express all-season tyre test; dry performance remains ‘concern’ for segment
  3. Conti seals hat-trick in Auto Express winter tyre test reflecting British climate
  4. Goodyear: New EfficientGrip Performance 2 tyre offers 20% more mileage than Michelin
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UFODrive pairs with Goodyear to optimise fleet efficiency

The Goodyear Tire & Rubber Company has entered into a strategic relationship with UFODrive, and going forwards will work together with the all-digital, all-electric car rental company to integrate their complementary mobility solutions. The two firms intend to pair Goodyear’s intelligent tyre monitoring system and proactive solutions suite with UFODrive’s eMobility software as a service platform.

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Related news:

  1. Goodyear named Girteka Logistics’ main tyre partner
  2. European fleets participating in Goodyear/Redspher intelligent tyre programme
  3. Goodyear Total Mobility tweaked to meet new COVID-19 challenges
  4. Greenergy Flexigrid switches fleet to Goodyear Fuelmax
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Goodyear & Voyomotive collaborate on efficiency-enhancing tyre intelligence

A new collaboration between the Goodyear Tire & Rubber Company and connected car technology company Voyomotive aims to notify drivers and fleet managers of slow losses in tyre pressure days before a vehicle’s own TPMS system would provide a warning. In a pilot programme in the USA, Goodyear is processing real-time vehicle data provided by Voyomotive telematics controllers to create tyre pressure loss and pressure alerts that are sent to Voyomotive consumer and fleet customers via an app, SMS messages or to a fleet management system.

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Related news:

  1. Translogik Signs Exclusive Tyre RFID Deal With Qingdao Mesnac
  2. Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau
  3. Goodyear launches OTR proactive solutions/TPMS
  4. Young drivers are more familiar with emojis than tyre warning lights
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Goodyear & TNO collaborating on intelligent braking system

Tyres already play a key role in effective vehicle braking, but a marriage of tyres and technology can enhance this. The Goodyear Tire & Rubber Company and Dutch research organisation TNO are working towards this end and are collaborating on a demonstration vehicle that will test the implications of connected tyres talking to the vehicle’s control system, specifically the anti-lock brake system (ABS).

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Related news:

  1. Goodyear launches Eagle F1 Series of UHP and Supercar tyres
  2. U.S. Senator to Goodyear: Workers are ‘tired of this corporate race to the bottom’
  3. Goodyear re-elects directors at virtual annual meeting
  4. Goodyear defers dividend as volumes drop 18% in Q1 2020
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Brand Finance: Michelin most valuable and strongest tyre brand

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Following last month’s preview of the 2021 report, Brand Finance has released its full Tyres 10 ranking. According to the 2021 table, the tyre sector has taken a hit over the last year, with all 10 brands losing brand value. Brand Finance unsurprisingly puts this decline down to the pandemic-related behavioural changes: “Owing to the lack of travel due to lockdowns, car sales are declining, which means tyre brands are selling less units, resulting in a drop in market equity across the industry. Furthermore, since the economy has been riskier in general over the past year, investor risk has increased, triggering a rise in the cost of capital.”

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Related news:

  1. Giti enters the top 10 of leading tyre manufacturers
  2. Zhongce Rubber enters global top ten tyre manufacturers
  3. Michelin maintains position as world’s most valuable tyre brand: Brand Finance
  4. 19 finalists chosen for 2015 AutoBild winter tyre test
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Nat Madarang takes over at Goodyear Asia Pacific

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Goodyear

Following Ryan Patterson’s appointment as senior vice president, Business Integration at Goodyear, Nathaniel Madarang succeeds Patterson as president of Goodyear Asia Pacific. Madarang was previously managing director of Goodyear China and his new appointment took effect on 4 March 2021.

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Related news:

  1. Ex-Triangle and Goodyear Tire executive Cohade joins Johnson Controls
  2. Goodyear appoints new HR leadership
  3. Thomas Williams joins Goodyear board
  4. Goodyear names Hakan Bayman as president of European Consumer Business
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Goodyear gives Ryan Patterson responsibility for Cooper integration

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Goodyear

Ryan Patterson has been appointed as senior vice president, Business Integration of The Goodyear Tire & Rubber Company. The role, which Patterson took on in March 2021, means leadership of the integration Cooper Tire, which Goodyear is purchasing.

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
  3. Goodyear approached Cooper Tire regarding multi-billion-dollar acquisition
  4. Goodyear to regain number 3 global PCLT tyre volumes ranking – Astutus Research
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Goodyear to regain number 3 global PCLT tyre volumes ranking – Astutus Research

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With the addition of the Cooper Tire business, Goodyear will return to the global number three ranking in passenger car and light truck (PCLT) tyre volumes in 2021. After previously holding the clear number three ranking behind the world’s largest tyre manufacturers, Bridgestone and Michelin, Goodyear was joint third with Continental in both 2017 and 2018. In 2019, Goodyear fell behind Continental to fourth position in 2019 and 2020. Working on a pro forma basis combining original equipment and replacement market tyres, Astutus Research data reveals some interesting facts about the nascent conjoined organisation, with reference to their largest tyre business segment in terms of volume.

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Related news:

  1. Is Continental about to break into PCLT tyre global big 3?
  2. Goodyear set to buy Cooper Tire for US$2.5 billion
  3. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
  4. Goodyear and Cooper shares up 30% after takeover news
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Bumpy roads and leveraged buy-outs – reflections on the Goodyear/Cooper Tire integration

Goodyear’s $2.5 billion-dollar acquisition of Cooper is the biggest tyre industry news story of 2021 so far (click here for detailed analysis of the deal itself). But takeovers – especially those this big – are seldom easy. A large portion of the motivation behind the acquisition is to bolster Goodyear’s position in the high-value 4×4 and SUV tyre segments. So, with this in mind, what kind of terrain is the deal likely to encounter as the two companies make their way towards integration?

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. Cooper shares up 40% following acquisition announcement
  3. Cooper takes suitor Apollo to court
  4. Goodyear and Cooper shares up 30% after takeover news
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Goodyear names Chris Helsel SVP Global Operations & CTO

Goodyear Tire & Rubber

A broadened remit for Christopher P. Helsel: The Goodyear Tire & Rubber Company has announced he will succeed Jonathan Bellissimo as senior vice president, global operations following the latter’s retirement after a Goodyear career spanning four decades. Helsel will also continue as chief technology officer, a role he’s held for the past three years.

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Related news:

  1. Goodyear names new CTO
  2. Goodyear: Drop in OE demand muzzles H1 2019 performance
  3. U.S. Senator to Goodyear: Workers are ‘tired of this corporate race to the bottom’
  4. Tyre connectivity can reduce new-to-worn stopping difference by 30%
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Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic

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PublicDomainPictures; Pixabay

The day after Goodyear announced that it is buying Cooper Tire for north of $2.5 billion, Fitch Ratings affirmed its Long-Term Issuer Default Ratings of The Goodyear Tire & Rubber Company (GT) and its Goodyear Europe B.V. (GEBV). Fitch also affirmed its ratings on a number of specific funding lines. Both moves can be interpreted as partially affirming the Goodyear Cooper acquisition’s strategic logic – something that was described as compelling by the senior executives of both companies.

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
  3. Cooper shareholders approve Goodyear merger
  4. Goodyear and Cooper shares up 30% after takeover news
/by

Goodyear and Cooper shares up 30% after takeover news

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Google Finance

Goodyear’s takeover of Cooper Tire has been positively received by the stock markets, with Cooper’s share price jumping 31.8 per cent from 43.81 before the news was announced to $57.75 two days later. Goodyear‘s share price also swelled, up 28.9 per cent from $13.52 beforehand to $17.43 48 hours after the takeover news was released.

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
  3. Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic
  4. Dunlop Aircraft Tyres confirms sale talks
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