Goodyear lowers Debica orders due to softer European demand
TC Debica has reduced its production output after Goodyear, who owns 66.05 per cent equity in the Polish tyre maker, reduced its orders with the company. In a statement, Debica said that in March 2012 it will produce approximately ten per cent less passenger car and truck tyres and 4.5 per cent fewer agricultural tyres than planned. In relation to the company’s annual product plan, this equals a one per cent reduction in passenger car and truck tyre output and a half per cent decline for agricultural tyres.
According to the Debica statement, Goodyear has lowered its orders with the Polish company due to weakening demand in European markets.