Industry News

Goodyear Expands its Fuel Max Radial Truck Tire line

United States tire manufacturing giant to introduce a new tire model in its Fuel Max tire line

United States: Goodyear is going to add a new long-haul radial truck tire model, Fuel Max RSA, as an advance version of its prior truck tire, G661 HSA. At 2017 Goodyear Customer Conference held in Orlando, the company revealed the advanced features of its new Fuel Max tire such as better traction, enhanced tire life and improved toughness on rough surfaces. 

As per Brian Buckham, Goodyear General Manager, product marketing, “The Fuel Max RSA is for fleets that want greater fuel efficiency on a regional basis with a SmartWay-compliant tire”. The general manager also added that the new Fuel Max RSA is mend for regional/long-haul fleets, operating widely on highways.

“A driver that goes from Columbus to Indianapolis, and stops in Dayton on the way, would be the perfect customer for the Fuel Max RSA,” he said. The Fuel Max RSA is installed with the company’s Fuel Max Technology, wherein, the tire is deployed with cool running compound, along with enhanced tire tread design to lower down rolling resistance as well as improve the fuel efficiency.

As per TechSci Research, Goodyear ranks among the renowned tire players across the United States market. Also, by launching a new version of Fuel Max tire under its popular tire brand, the company would be able to penetrate a huge chunk of commercial vehicle fleet owners across the nation. In addition, it is expected that with the launch of such an advance product in the United States market, the sale of Goodyear tires would eventually rise over the coming period.

According to a recent report published by TechSci Research, United States Tire Market Forecast & Opportunities, 2021”, The vehicle fleet of the country is dominated by passenger car segment, followed by light commercial vehicles, medium and heavy commercial vehicles, off-the-Road (OTR) vehicles and two-wheeler segment. As a result, the passenger car tire segment held the largest volume share in the country’s tire market in 2015, and its dominance is anticipated to continue during the forecast period as well. Leading global tire companies operating in the United States include Bridgestone, Goodyear, Michelin, Cooper, Continental, Sumitomo, Hankook, Yokohama, etc. Increasing automobile sales paired with increasing vehicle fleet are expected to drive the country’s tire industry through 2021. Moreover, growth in the country’s tire industry is backed by increasing sales volume of different vehicle segments, which is resulting in expansion of replacement automotive fleet in the US.

Relevant Reports

Global Automotive Fuel Tank Market By Vehicle Type (Passenger Cars, Two-Wheelers and Commercial Vehicles), By Capacity (<15L, 15L-45L, 45L-70L & >70L), By Region, Competition, Forecast & Opportunities,

Automotive | Sep, 2020

Increasing vehicle production and stringent norms imposed by governments towards reducing vehicle weight and lower fuel consumption is driving automotive fuel tank market

Relevant News