Tag: Goodyear
Goodyear’s sentiments slide in Q4 2019 due to challenging environment – GlobalData
Goodyear Tire & Rubber Co.’s (Goodyear) sentiments declined in the fourth quarter (Q4) of 2019 (Quarter ending December 31, 2019) compared to Q3 2019, due to the automotive industry’s challenging environment and distributor concerns, says data and analytics company GlobalData.
Lockdown stops tyre production in India
The lockdown now in place across India is one of the most radical measures seen to date during the COVID-19 pandemic. As a result, tyre production has come to a standstill at plants across the country. While India’s government exempts the manufacture of “ essential commodities” from the three-week lockdown it hasn’t provided clarity as to what products it considers essential. Therefore it is unclear when tyre manufacture will recommence within the country.
Goodyear suspends European tyre production in response to Covid-19
Goodyear Europe, Middle East and Africa will suspend tyre production at all its European tyre and retread plants by the end of the week, in response to the COVID-19 pandemic. The manufacturer states that the temporary closure, which will last until at least 3 April, is “to protect its employees and respond to the sudden decline in market demand.” The closure affects the company’s plants in France, Germany, Luxembourg, the Netherlands and Slovenia. It also includes the Dębica plant in Poland.
Goodyear donating 2 million yuan to Covid-19 fight
Goodyear is donating 2 million yuan (approximately $285,000) to support the fight against the COVID-19 in China where the company has a factory in Dalian. Working with the Dalian Chapter of the China Youth Development Fund (CYDF), the donation will be used to support frontline doctors and nurses stationed in Hubei province and Dalian city hospitals.
Goodyear: Covid-19 not anticipated to impact customer service
As countries around Europe tighten restrictions on movement in a bid to contain and delay the coronavirus COVID-10 pandemic, Goodyear representatives report that the company is monitoring circumstances with partner wellbeing in mind. Writing in a statement released, a Goodyear spokesperson said the tyre manufacturer does not anticipate an impact on customer service:
Bespoke Goodyear tyres for Lexus LF-30 Electrified concept
The Lexus LF-30 Electrified concept first seen at last year’s Tokyo Motor Show was a highlight of the car maker’s streamed press conference during the cancelled Geneva International Motor Show 2020’s Virtual Press Day last Tuesday. The concept car, which celebrates the brand’s 30th anniversary and is designed to promise a dynamic driving experience like no other, sits on four bespoke Goodyear concept tyres.
Renewing tyres with tread capsules – Goodyear presents reCharge concept
It takes more than the cancellation of one of Europe’s largest motor shows to hold a good concept back – car makers are going ahead and presenting the new products and visions for the future they’d intended to display in Geneva this week. Tyre maker Goodyear is too, and has unveiled what it calls a “revolutionary self-regenerating concept tyre that can adapt and change to meet individual mobility needs.” Meet the Goodyear reCharge.
Goodyear acquiring German wholesaler Reifen Baierlacher
Goodyear plans to acquire a tyre wholesaler in Germany. Should the deal gain approval from the relevant antitrust authorities, Goodyear Dunlop Tires Germany GmbH will purchase Weilheim, Bavaria-based wholesaler and retailer Reifen Baierlacher. The tyre maker has not disclosed how much it will pay for the family-owned business.
Goodyear develops all-season tyre with A-rated fuel efficiency
Goodyear claims that it has achieved an industry first, having developed an all-season tyre with both the Three-Peak Mountain Snowflake (3PMSF) sidewall marking an A-rated fuel efficiency on the EU tyre label. The new tyre, which Goodyear confirmed to Tyres & Accessories is the third generation of its test-winning Vector 4Seasons line, was conducted jointly by Goodyear’s technology teams in Luxembourg and Germany, in conjunction with original equipment manufacturers, leveraging tread pattern developments present in its all-season lines for the replacement market, as well as new rubber compounding formulations.
Goodyear Eagle F1 Asymmetric 5 top performer in Gute Fahrt tyre test
Eight premium and mid-range tyres are the subject of the latest summer tyre test from car magazine Gute Fahrt. The German publication chose to look at 215/50 R18, a popular size for smaller SUVs. Testing was performed using a VW T-Roc, and the Gute Fahrt team benchmarked the eight tyres against the T-Roc’s original equipment rubber.
Protyre becomes latest Goodyear agri range distributor
Micheldever group company Protyre is once again distributing Goodyear agricultural tyres within the UK market. It will supply the Goodyear Farm Tires range from its 20 agricultural centres across the country; it already reports high levels of customer interest from Protyre outlets in areas such as Cumbria, Pembrokeshire, Derbyshire, Bristol and Essex.
Tyre connectivity can reduce new-to-worn stopping difference by 30%
Goodyear Tire & Rubber says its road testing and customer field tests involving connected tyres recently surpassed the 3-million-mile mark with initial studies showing these connected tyres can reduce stopping distance lost between a new and worn tyre by 30 per cent.
Goodyear tyre supplier to Pure ETCR all-electric touring car series
The motorsport calendar now includes an all-new event – the world’s first all-electric, multi-brand touring car championship. Pure ETCR vehicles will be equipped with a Williams Advanced Engineering battery unit and a 500kW Magelec Propulsion powertrain – the equivalent of a staggering 680bhp – that drives the rear wheels and enables 0 to 100km/h acceleration in just 3.2 seconds. This torquey power will be delivered to the racetrack via products supplied by one of Pure ETCR’s founder partners – Goodyear.
Goodyear not looking to buy back all HiQs
Following the news that Goodyear has bought one of its largest and longest-established HiQ franchisees, Easy Tyre and Autocare, Tyrepress got in touch with executives in order to find out more. For example, how much money changed hands? And, considering the latest purchase is the second acquisition of its kind, is Goodyear planning to go full-circle with retail ownership? The short answer is no. But a Goodyear/HiQ spokesperson did say “the acquisition of Easy Tyre and Autocentres further strengthens the competitive advantage of Goodyear and HiQ”, adding:
Goodyear buys Easy Tyre and Autocentres
Goodyear Tyres UK Limited has acquired Easy Tyre and Autocentres, which runs 17 HiQ branches as a franchisee. Easy Tyre and Autocentres’ branches span from Telford to Kettering, in a geographical area with a high value car parc and, according to Goodyear, represent the “second step” in the company’s ongoing retail strategy. All sites will become Goodyear’s equity operating under the HiQ brand going forward.