Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Industry Report
Master contract talks between Bridgestone Americas Holding (BAH) and the United Steelworkers of America (USWA) shattered Nov. 13 after union negotiators walked out of a bargaining meeting claiming the company’s contract proposal was "so far off the mark" and setting the stage for a possible strike at BAH tire plants across North America.
Technology-Focused
Step-by-step, the Hankook brand has been quietly growing throughout the world’s replacement and OE markets. Now Hankook is letting the North American passenger, light truck/SUV and ultra-high performance markets know that it wants to be a player that should be considered.
Industry Report
With a new three-year labor contract in hand, Goodyear Tire & Rubber Co. turned its attention to other restructuring issues as it works to right its financial ship. The tiremaker formally announced the closing of its Huntsville, Ala., plant, then laid off about 200 employees from its Tyler, Texas, facility.
What’s Important Now: CAMP Shows Dealers That Leading is More Than Being the Boss
Cooper’s CAMP Shows Dealers That Leading is More Than Being the BossLeft. Right. Left, right, left.
TIA President’s Agenda
Focused on ValueStrat Plan Will Help Industry, But TIA Needs Member SupportAs incoming president of the Tire Industry Association (TIA), I look forward to continuing TIA’s total focus on "adding value to your business."
Industry Report
Fed Appeals Court Tosses NHTSA RegsThe U.S. Second Circuit Court of Appeals gave the tire industry a surprise gift Aug. 6 when it sided with three citizens groups and threw out NHTSA’s controversial tire pressure monitoring system regulations.
State of the Art
Technical centers are critical to the development of tires, and to the success of tiremakers. They are a necessary part of R&D, from creating the right design and the right compounds to testing those designs and going back to the drawing board, if need be. All in the effort of creating the best tire possible.
That Time Again
Change, as anyone will tell you, is inevitable. And so it is with the International Tire Expo, which moved to a new hall in the massive Las Vegas Convention Center (LVCC) last year, and features a slimmed down program in 2003.
Industry Report
It took seemingly forever, but NHTSA finally issued final tire performance and testing standards in late June – more than a year after its initial proposal was revealed. The new standards feature more stringent performance test parameters, including a controversial low inflation pressure test provision.
Shifting into Overdrive
Looking to push the brand into "overdrive," Goodyear Tire & Rubber Co. took 25 of its best Kelly brand dealers to Kelley’s Island, Ohio, in mid-June for what it dubbed a "major announcement."
Industry Report
After nearly seven years of trying to reshape Goodyear into the world’s largest tiremaker only to see it backslide to the brink of financial disaster, Sam Gibara is out.