STOCK TITAN

THE GOODYEAR POWERLOAD TIRE LINE WILL DRIVE PRODUCTIVITY AND EFFICIENCY WHEREVER IT'S PUT TO WORK

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Goodyear Tire & Rubber Company (NASDAQ: GT) announced the launch of its Powerload tire lineup tailored for compact wheel loaders and graders in North America. This innovative product features advanced technologies to enhance durability and traction across various job conditions, including electric drive compatibility. The Powerload tires, sized 365/80R20, 365/70R18, 405/70R18, and 405/70R20, include advancements like Smooth Guard Technology for cut resistance and a non-directional tread design for superior traction. The rollout aligns with Goodyear's commitment to efficiency and sustainability in the construction and logistics sectors.

Positive
  • Launch of the Powerload tire lineup improves market positioning in North America.
  • Enhanced durability and traction features may drive sales in the construction sector.
  • Compatibility with both electric and conventional vehicles expands customer base.
Negative
  • None.

Goodyear Powerload delivers durability and traction for hardworking compact wheel loaders and graders to get the job done

AKRON, Ohio, March 15, 2023 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announces the arrival of the productivity-minded Powerload® lineup to the North America construction, loading, logistics support and landscaping markets. In today's competitive environment, customers are looking for efficiency, durability and sustainability, and Goodyear innovation and tire technology deliver!

The new Powerload lineup, now available in North America, has advanced features and technologies specifically designed to deliver traction and durability for today's compact wheel loaders and graders, regardless of the job or underfoot conditions. The Powerload line is also electric drive ready, meaning it can be used with electric and gas or diesel-powered vehicles.

"The Powerload lineup lends versatility and toughness to any application thanks to the specially designed features and innovative technologies incorporated in the new lineup," said Loic Ravasio, general manager, Goodyear Global & Americas OTR. "Without a doubt, Powerload will help drive productivity and efficiency wherever it's put to work."

Powerload is currently available in the 365/80R20, 365/70R18, 405/70R18 and 405/70R20 sizes and comes ready to work. Additional sizes expected in late 2023. Powerload features include:

  • Smooth Guard Technology® supporting improved cut resistance and casing production in the shoulder and sidewall.
  • Non-directional tread design provides superb forward and lateral traction and self-cleaning properties for continued operation in tough conditions.
  • Deep shoulder tread depth supports increased mileage and lower cost-per-hour.
  • Reinforced sidewall construction increases stability and maneuverability while reducing bucket sway in loading operations.
  • Flange cover protection and incorporated pry bar notch help avoid penetration of soil or foreign objects in between rim and tire while making tire mounting and dismounting easier.
  • Electric drive ready means Powerload is suitable for conventional diesel vehicles as well as hybrid and electric vehicles.

The Powerload lineup is part of Goodyear's OTR Total Mobility platform that includes trusted products, reliable services and complete tire management tools. For more information on the Powerload line and the rest of Goodyear's OTR offerings, visit www.GoodyearOTR.com.

This new innovative tire is just the latest in the long tradition of Goodyear innovation. Since 1898, Goodyear has been enabling mobility and continues to stay More Driven. In 2023, Goodyear will celebrate its 125-year anniversary by continuing to deliver the products and services that move the world. Visit our Corporate Website to learn more. 

About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 74,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-goodyear-powerload-tire-line-will-drive-productivity-and-efficiency-wherever-its-put-to-work-301772562.html

SOURCE The Goodyear Tire & Rubber Company

FAQ

When was the Goodyear Powerload tire lineup launched?

The Goodyear Powerload tire lineup was launched on March 15, 2023.

What are the key features of the Goodyear Powerload tires?

Key features include Smooth Guard Technology, non-directional tread design, deep shoulder tread depth, and electric drive readiness.

What sizes are available for the Goodyear Powerload tires?

The available sizes for the Powerload tires are 365/80R20, 365/70R18, 405/70R18, and 405/70R20.

How do the Goodyear Powerload tires benefit users?

The Powerload tires enhance productivity and efficiency with durability and traction tailored for tough working conditions.

Is the Goodyear Powerload tire suitable for electric vehicles?

Yes, the Powerload tires are designed to be electric drive ready, suitable for both electric and conventional vehicles.

Goodyear Tire & Rubber

NASDAQ:GT

GT Rankings

GT Latest News

GT Stock Data

2.59B
262.76M
7.68%
86.94%
8.82%
Auto Parts
Tires & Inner Tubes
Link
United States of America
AKRON