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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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Michelin leading premium tyremakers in year-on-year share price performance

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Michelin is leading the pack when it comes to share price performance amongst the top five tyremakers in the past year. Indeed, while other tyremakers have been experiencing falling stock prices, Compagnie Générale des Établissements Michelin recently passed above its two hundred day moving average. But when you compare the one-year share price performance of Michelin, Bridgestone, Goodyear, Continental and Pirelli, Michelin is the clear leader.

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Related news:

  1. Share Movements In The Tyre Industry
  2. Giti enters the top 10 of leading tyre manufacturers
  3. Zhongce Rubber enters global top ten tyre manufacturers
  4. Tyre makers honoured with GM & Ford supplier awards
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Michelin share price beats 200-day moving average

While other tyremakers have been experiencing falling stock prices, Compagnie Générale des Établissements Michelin recently passed above its two hundred day moving average. On Monday 17 June, the stock surpassed its two hundred day moving average of €33.99 ($36.55) and traded as high as €38.04 ($40.90).

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Related news:

  1. DuPont acquisition of Danisco finalised
  2. Darren Wells sells $1M of Goodyear shares
  3. Goodyear Declares Dividend on Common Stock
  4. Were communications issues behind premium tyremakers share price drop?
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Goodyear shares fall to 52-week low, but institutional investors are buying

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Goodyear Tire & Rubber Company shares fell to a 52-week low during trading on Tuesday 18 June 2024. Specifically, the stock price fell as low as $11.24 having previously closed at $11.53. However, there is also evidence that institutional investors are increasingly interested in the tyremaker’s shares.

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Related news:

  1. Goodyear launches private offering to raise funds for Cooper Tire acquisition
  2. Are the wagons or vultures circling at Goodyear? Analysing Elliott Investment Management’s case for change
  3. Michelin share price beats 200-day moving average
  4. Investment Fund Secures 5.5% Stake in Goodyear
/by

Goodyear’s ‘largest-ever’ 24 Hours of Le Mans operation proves tyre performance in LMGT3 era

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Goodyear ran its largest ever 24 Hours of Le Mans operation to demonstrate the long-distance performance of both its slick and wet tyres in the 2024 edition of the iconic endurance race. Mixed conditions throughout the race set the stage for a strategic battle in both the LMP2 and new LMGT3 classes. Goodyear supplied tyres for 39 cars across two classes, almost two-thirds of the entire grid at Le Mans, using 7,500 tyres, serviced by expert tyre fitters working in shifts throughout the race to remove, inspect and replace a set of tyres in as little as three minutes. In the pit lane, a crew of 18 track support engineers worked directly with each team throughout the race to advise on setup and strategy.

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Related news:

  1. Goodyear begins ‘new era’ as FIA World Endurance Championship partner
  2. Goodyear anticipates WEC restart, with partner teams in contention
  3. Podium finishes mark Goodyear’s return to Le Mans 24H
  4. Goodyear’s European motorsport renaissance continues despite pandemic challenges
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Goodyear to display new GP-4D Gen II OTR tyre at Hillhead 2024

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Goodyear

Goodyear will exhibit its new Goodyear GP-4D Gen II alongside its range of OTR tyre products, services and solutions at Hillhead 2024 (25-27 June, Stand U13). The new 750/65R25 Goodyear GP-4D Gen II tyre at the show targets articulated dump trucks with an optimised tread design, multiple steel belt carcass construction, and a tread compound. These features add up to benefits such as versatile tread pattern for balanced performance, improved treadwear as well as high level of comfort for the operator.

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Related news:

  1. Construction, mining, earthmover tyres well-represented as Hillhead 2018 sets attendance record
  2. Autonomy, connectivity & tyres – Hillhead 2024
  3. Goodyear announces $36M investment in OTR production
  4. Hilllhead 2022 ready for blast-off
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Brand Finance: Michelin still top, but Giti now 9th and Chinese tyremakers fastest risers

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The latest Brand Finance data shows that Michelin is “the world’s most valuable and strongest tyre brand” followed by Bridgestone in second and with Continental rounding off the podium. However, Far Eastern brand value is rocketing, with Giti the fastest-growing tyre brand in the ranking, following a 19 per cent brand value increase. Similarly, Sailun, Linglong Tire and Sentury Tire accelerates off the back of an overseas demand surge.

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Related news:

  1. Brand Finance: Michelin most valuable and strongest tyre brand
  2. 19 finalists chosen for 2015 AutoBild winter tyre test
  3. Giti enters the top 10 of leading tyre manufacturers
  4. Michelin the ‘most valuable and strongest tyre brand’ 2022
/by

Goodyear, Enovos inaugurate 4.4 MWp solar panel installation in Colmar-Berg

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Goodyear

Goodyear has inaugurated a new large-scale solar panel installation at its Colmar-Berg proving ground. Completed in December 2023, the installation was inaugurated on 28 May in the presence of Lex Delles, Luxembourg Minister of the Economy, SME, Energy and Tourism. The solar project has a total surface area of 37,700sqm, with a capacity of 4.4 MWp. It is made up of 8,148 bifacial panels, capturing light both on the illuminated surface of the panel and on the lower surface thanks to diffuse light. It continues Goodyear’s collaboration with energy supplier Enovos.

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Related news:

  1. Goodyear: Solar carport to provide green energy to Luxembourg from August
  2. Goodyear Luxembourg power stations to supply energy for 1200 homes
  3. Goodyear completes solar carport at Colmar-Berg
  4. Goodyear begins phase 2 of LIST partnership
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Goodyear expands Vector 4Seasons Gen-3 range

New additions to the Goodyear Vector 4Seasons Gen-3 tyre line will enable it to cater to a wider range of vehicles. This move aligns with the projected growth in demand for all-season tyres in Europe, positioning Goodyear to strengthen its market presence. The extension introduces 29 new sizes, with 17 of these being for 19-inch and larger rim diameters.

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Related news:

  1. Goodyear UK invests in Vector 4Seasons Gen-3 TV adverts
  2. New Goodyear Vector 4Seasons Cargo sizes
  3. Dunlop debuts All Season 2
  4. Our worn tyre is better than the rivals’ new products, says Michelin
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Goodyear appoints Nicole Gray SVP & CHRO

Gary VanderLind will soon retire from The Goodyear Tire & Rubber Company, and the company has appointed Nicole Gray to succeed him as Senior Vice President and Chief Human Resources Officer. Gray will take on this remit from 1 July 2024.

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Related news:

  1. Ryan Waldron heading Goodyear’s Americas business unit
  2. Darren Wells back at Goodyear as CFO
  3. Goodyear’s McClellan to chair USTMA board
  4. Goodyear names new SVP, general counsel
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Autonomy, connectivity & tyres – Hillhead 2024

More than a dozen tyre-related firms are amongst the 600 or so exhibitors committed to participating in this year’s Hillhead show. Visitors will have the opportunity to meet with representatives from manufacturers, distributors and accessories/consumables suppliers, and get to see their latest ranges in a unique location.

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Related news:

  1. Construction, mining, earthmover tyres well-represented as Hillhead 2018 sets attendance record
  2. R.H. Claydon confirms Hillhead attendance
  3. Latest Triangle tyres displayed at Hillhead as RH Claydon partnership grows
  4. Strong tyre presence at Steinexpo
/by

Goodyear involuntary manslaughter probe: Eurojust running ‘coordination centre’ in the Hague

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Following the news of unannounced raids on Goodyear offices in France, Belgium and Luxembourg, Eurojust has confirmed that it has assisted the authorities in France, Belgium and Luxembourg with a series of coordinated searches of premises and offices of “an international tyre manufacturer”. While Eurojust hasn’t yet confirmed the identity of the manufacturer at the centre of the investigation, the locations match those that Goodyear itself has said were subject to unannounced visits.

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Related news:

  1. Goodyear sites in France, Belgium & Luxembourg raided
  2. Goodyear collaborating with TuSimple on automated haulage solutions
  3. Jury finds Goodyear guilty of misappropriating trade secrets
  4. Tyremakers sued in US class action antitrust  lawsuit – public communications and high prices at centre of case
/by

High quality exhibits and wide range on-show as GRTAE opens in Shandong

GTRAE

The 14th GuangRao Rubber Tire and Automotive Accessory Exhibition (GRTAE) opened in Dongying City, GuangRao County, Shandong Province, China today. First impressions and the facts released by organisers during the official launch conference, which also included speeches from local officials responsible for the leadership of relevant civic departments, there are some 550 exhibitors here presenting their tyre-related latest offerings to as many as 80,000 visitors.essions and the facts released by organisers during the official launch conference, which also included speeches from local officials responsible for the leadership of relevant civic departments, there are some 550 exhibitors here presenting their tyre-related latest offerings to as many as 80,000 visitors.

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Related news:

  1. 19 finalists chosen for 2015 AutoBild winter tyre test
  2. Decennial shift in global PCLT tyre volume market share
  3. Triangle returns to China car tyre top 10, Michelin retains top spot
  4. Giti enters the top 10 of leading tyre manufacturers
/by

New sizes join Avon WX7 winter range

Avon has expanded its WX7 winter tyre range with the addition of 12 SKUs for 17- to 19-inch rim diameters. The new dimensions grow the range to a total of 29 sizes to give increased access to a “broad spectrum of cars.”

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Related news:

  1. Flagship Brands From Cooper-Avon At Reifen 2000
  2. Ongoing Pressure On Goodyear
  3. Tyre Guarantee From Volkswagen
  4. Bad Winter Forecast In USA
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Goodyear sites in France, Belgium & Luxembourg raided

In an operation that French newspaper Le Monde describes as “both spectacular and unprecedented,” investigators from three European countries carried out a series of raids against Goodyear today. The publication writes that the prosecutor in Besançon, France confirms this action, which took place just two months shy of the tenth anniversary of a fatal motorway crash involving a Goodyear Marathon LHS II truck tyre.

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Related news:

  1. Broadcaster Arte releases documentary “Sophie Rollet Takes On Goodyear”
  2. Goodyear management convicted of unfair dismissal over Amiens closure
  3. Dynamic simulator for Goodyear’s European test centre
  4. The Blimp returns
/by

Goodyear Blimp returns to European skies from new base

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“A new era” began at Mülheim/Essen Airport in Germany towards the end of last week with the launch of the new Goodyear Blimp/Zeppelin season from a new location. Zeppelin NT, hangar operator WDL Group, and the tyre maker, represented by Frank Titz, Goodyear’s general manager of replacement consumer sales in the DACH (Germany, Austria & Switzerland) region, invited media and local dignitaries to welcome the airship and inaugurate the first flights over the Ruhr region.

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Related news:

  1. The Blimp returns
  2. Destination Italy – Goodyear’s latest Blimp tour
  3. Goodyear Blimp returning to Europe
  4. Frank Titz takes over replacement PCR tyre sales responsibility at Goodyear DACH
/by

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