Goodyear contract extension with NASCAR

NASCAR and The Goodyear Tire & Rubber Company today announced a renewed sponsorship agreement that ensures Goodyear is the exclusive tire of NASCAR’s top three national series.

The newly signed agreement continues Goodyear’s designation as the “Official Tire of NASCAR” and extends an uninterrupted relationship that started in 1954. Goodyear and NASCAR’s six decades of partnership is one of the longest-running sponsor programs in any sport. In addition, Goodyear has been the exclusive tire supplier for the sanctioning body’s top three series since 1997.

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Goodyear pleased with Charlotte Roval tire test

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Goodyear pleased with Charlotte Roval tire test 3,907 views By: Lee Spencer , NASCAR Senior Writer 24/10/2017 05:43 Let’s get ready to Roval! In preparation for next October’s Bank of America 500, Goodyear tested several different tire compounds last Tuesday and Wednesday around the proposed 2.42-mile, 18-turn course. Kurt Busch, Martin Truex Jr., Jamie McMurray and Daniel Hemric participated in the test.

Read the source article at Motorsport.com

Jeff Hughes joins Maxam as sales director, GOTR (giant off the road) tyres

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Maxam Tire International has appointed Jeff Hughes as sales director, GOTR (giant off the road) tyres. Reporting directly to Maxam global president, Martin West, Hughes is predominantly responsible for driving and developing the sales and market share of Maxam GOTR tyres in mining and associated segments.

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Goodyear Reports 3rd Quarter Results

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The Goodyear Tire & Rubber Co. has reported results for the third quarter and first nine months of 2017.

“During the third quarter, we saw a continuation of the challenging industry conditions we experienced in the second quarter including lower consumer replacement volumes, production cuts by automakers and an increase of more than 30 percent in our raw material input costs,” said Richard Kramer, chairman, CEO and president.

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Goodyear expecting contract extension with NASCAR for 2018

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tests for two NASCAR races scheduled for next season, including the playoff race at Charlotte, but it has yet to announce a contract extension for 2018. 

But Stu Grant, Goodyear’s general manager of worldwide racing said a new contract with NASCAR is imminent.  

“We have not finalized the agreement yet; that’s true,” Grant said Sunday before the Monster Energy NASCAR Cup Series race at Kansas Speedway. “We’re getting very close to a contract extension. But we are testing for 2018, we’re getting ready to build tires for the Daytona 500. We’re operating like we’re going to be here in 2018.” 

Read the source article at USA TODAY

Goodyear Completes AS-3A Tire Size Lineup

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Goodyear Tire & Rubber Co. has added a size, 20.5R25, to the AS-3A tire for construction, mining and quarry applications.

“This important addition completes the tire’s size lineup, which covers a full range of applications and conditions, including snow and ice-covered surfaces that require exceptional traction,” says Eric Matson, global field engineering manager for Goodyear.

Features of the Goodyear AS-3A include:

Read the source article at Autosphere.ca

Goodyear to test location of chicane at Charlotte

Goodyear Tire officials said Sunday part of the first day of their two-day tire test next week at Charlotte Motor Speedway’s infield road course will be spent determining the final location of the backstretch chicane. When the final design of the 2.4-mile course was unveiled last week, it included a permanently-designed chicane off Turn 4 and a temporary chicane entering Turn 3 on the backstretch.

Read the source article at ESPN: The Worldwide Leader in Sports

Goodyear Chemical Plant Earns Osha Vpp Star Status for Safety

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The Goodyear Tire & Rubber Company has announced that its Houston chemical plant has earned certification to Voluntary Protection Program (VPP) Star Status by the Occupational Safety & Health Administration (OSHA).

Goodyear Houston is the fourth of the company’s four U.S. chemical plants to achieve VPP certification, underscoring Goodyear’s long-term commitment to safety leadership.

Read the source article at Tire Review

The Goodyear Tire & Rubber Company (GT) Earns “Buy” Rating from Jefferies Group LLC

The Goodyear Tire & Rubber Company (NASDAQ:GT)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Thursday. They presently have a $36.00 target price on the stock. Jefferies Group LLC’s price objective points to a potential upside of 9.06% from the stock’s previous close.

Several other brokerages have also weighed in on GT. Zacks Investment Research upgraded shares of The Goodyear Tire & Rubber from a “sell” rating to a “hold” rating and set a $37.00 target price on the stock in a research report on Monday, October 9th. BidaskClub raised shares of The Goodyear Tire & Rubber from a “strong sell” rating to a “sell” rating in a report on 

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Goodyear’s new airship to sail over 10 states headed to base

AKRON, Ohio (AP) – Goodyear says the second of three semi-rigid airships replacing its original blimps has left the company’s hangar in Ohio for its permanent base in California. Officials at the Akron-based Goodyear Tire and Rubber Co. say Wingfoot Two left the company’s hangar in Portage County on Sunday on its way to the hangar in Carson, California, near Los Angeles.

Read the source article at fox19.com