This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas. This sale follows Goodyear's recent divestment of its Off-the-Road equipment tyre business to Yokohama Rubber for USD 905 million last year.

Maxion announced that, upon Neto’s appointment, Ralf Duning, who served ten years as vice president of global engineering, will retire from the company.

The RFID tags are embedded into the sidewalls of its tyres, enabling comprehensive life-cycle monitoring and enhanced traceability.

Goodyear has been the preferred supplier to Wabash for over fifteen years.

Expected to begin operation in 2026, the 753,000 square foot Dallas-Fort-Worth-Metroplex has the capacity to store 800,000 tyres.

Two of its French plants – one in Cholet, the other in Vannes – will see a gradual winding down of production before their eventual closure by 2026 at the latest.

The new product portfolio aims to meet the main needs of independent truck drivers and small and medium-sized fleets in the country that operate regional cargo and passenger transportation services.

At IAA Transportation 2024, held between 17-22 September in Hanover, Germany, the vehicle manufacturers said in unison to delegates: “We are ready for the transition to electric vehicles. Now we are waiting for the market to follow.” Maxion Wheels had a similar message for its OEM customers: “We are ready. Everything is developed. We know how to do it.”At its stand, the company showcased a range of different wheels, from sustainable steel to light electric urban to forged aluminium – this last type being shown to the public for the very first time since Maxion announced its intention to enter this market segment at IAA Transportation 2022. But Maxion’s execs were keen to stress that the company’s moves to support electric vehicles and sustainability are not disruptive; rather, these initiatives are in keeping with a longstanding “culture of innovation” at Maxion.

This variant has been tailored for demanding heavy-duty applications like logging, construction and heavy-haul operations. The design improves stability, weight distribution and control aiding in driver comfort, performance and safety.

With these tyres, Michelin claims that operators could save annually up to EUR2,200 per truck with the X Line and up to EUR380 per truck with the X Multi.

The company introduced its AeroLight concept study as well as Europe's lightest front axle and trailer wheel, weighing just 36.2 kg, along with a new range of forged aluminium wheels for the European commercial vehicle sector.

In partnership with Trailer Dynamics, the company showcased its new eTrailer, a significant step in the electrification of freight transport. The eTrailer is equipped with a new electric axle that helps reduce fuel consumption and CO2 emissions by up to 50%, depending on the application and route.