Tag Archives: tires

Why Goodyear is all in on making tires from corn and soybean oil

Why Goodyear is all in on making tires from corn and soybean oil

The era of making tires solely from various unfriendly Earth materials is coming to a close, at least according to Goodyear Chairman and CEO Rich Kramer. “It’s the right thing to do as we think about the sustainability goals that we and our customers have,” Kramer told Yahoo Finance Live from the floor of this week’s Consumer Electronics Show (CES) in Las Vegas. “Secondly, it’s what our customers are asking for.” Goodyear revealed a new “demonstration tire” at CES comprised of 90% sustainable… Source link

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People are ‘replacing tires right now’

Goodyear Chairman and CEO Richard Kramer — the second longest serving CEO in the tire maker’s 123-year history — says the good times are likely to keep rolling for his industrial giant over the next year. Credit for that will probably come from consumers continuing to reinvest in their vehicles amid sky high used car values and limited inventories of new cars on dealer lots thanks to the chip shortage roiling the likes of Ford, General Motors and others. “Our OEM [original equipment… Source link

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