In 2017 the brand that had the overwhelming share the tire conversation was Michelin with a convincing 20.15 percent of the discussion. In second was Nitto Tires with roughly half that at 11.97 percent of the conversation. The third most discussed brand at 10.76 was BFGoodrich, edging out Goodyear at 9.2 percent. Rounding out the top five is Pirelli at 8.06 percent of the conversation.
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Levin Capital Strategies L.P. raised its holdings in Goodyear Tire & Rubber Co (NASDAQ:GT) by 0.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,253,989 shares of the company’s stock after acquiring an additional 4,122 shares during the period. Levin Capital Strategies L.P. owned approximately 0.52% of Goodyear Tire & Rubber worth $33,331,000 at the end of the most recent reporting period.
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Goodyear announced that a range of summer, winter and all-season tires have been chosen as original fitments on the new Volkswagen Touareg.
Goodyear has been able to meet Volkswagen’s requirements for tires for global applications with good overall performance levels and excellent mechanical and acoustical comfort combined with low rolling resistance. These nominations are further evidence of Goodyear’s expertise in providing premium tires in the premium SUV segment.
Read the source article at Traction News
The Tire and Rubber Association of Canada (www.tracanada.ca) announced new officers and the board of directors at its Annual Meeting on June 12.
Maureen Kline of Pirelli – the outgoing Chair – announced the board elected Paul Christou, Controller at Goodyear Canada Inc., to succeed her as Chair for 2018-2019. The board also appointed Tony Mougios of Michelin North America (Canada) Inc. as 1st Vice-Chair, Andy Robinson of Bridgestone Canada Inc. as 2nd Vice-Chair, and Matt Livigni of Continental Tire Canada Inc. as Treasurer.
“The tire and rubber industries in Canada face many challenges and opportunities, in these interesting times,” said Ms. Kline. “Mr. Christou brings many years of experience in the tire industry and I look forward to continuing to work with him as he brings his clear vision to the guidance of TRAC over the coming year.”
Also joining the board…
(Photo: from the right: Paul Christou, Goodyear Canada Inc.; Maureen Kline, Pirelli; Glenn Maidment, TRAC)
Read the source article at Home – Rubber Association of Canada
The tire of the future will be round, probably black and more than likely pneumatic.
Beyond that, the variables in play—new materials, new manufacturing methods, changing vehicle designs and needs, etc.—present an evolving spider web of tire design parameters that put all design features, except round, into play.
To gain insight into how the tire industry perceives the tire of tomorrow, Rubber & Plastics News surveyed a handful of major tire makers, asking about a number of game-changing aspects of tire design.
Read the source article at Rubber and Plastics News
Goodyear Tire and Bridgestone Americas announced that TireHub, a joint venture in passenger and light truck tire distribution, will begin serving customers the first week of July. The joint venture received clearance from all required regulatory authorities earlier this month, enabling the creation of one of the largest national tire distributors in the United States.
Read the source article at Traction News
Goodyear to test intelligent tire technology at Mcity By Crain’s Akron Business Goodyear to conduct testing at the Mcity Test Facility Company to test tires and sensors with connected road infrastructure Goodyear said to be first tire company affiliated with Mcity.
Read the source article at Crain’s Detroit Business
AKRON, Ohio, May 31, 2018 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) is extending its worldwide innovation network to include Mcity, the University of Michigan-led public-private partnership to advance connected and automated vehicles and technologies. Goodyea…
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The future is looking brighter for Goodyear Tire & Rubber Co.
According to a report from Longbow Research, TireHub is seen as a financial positive in the long haul for Goodyear with foreseeable financial benefits for 2019 and beyond.
Under the TireHub joint venture, Goodyear and Bridgestone Americas are combining the distribution of their passenger and light truck tires. The venture will be headed by former Mattel exec Peter Gibbons.
Read the source article at Tire Review
LONDON — As technology driving the tire and automotive industries continues to change, its effects on retail tire businesses continue to multiply.
Read the source article at Tire Business