Goodyear Tire & Rubber Company
) utilized its street technology in the racing field to create
the newly-designed Eagle race tire. These tires will be used in
vehicles participating in the NASCAR Sprint Cup and Nationwide
Series races at Atlanta Motor Speedway. This new tire is based on
the technology used in consumer tires.
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Making tires for the Atlanta speedway was a challenge for
Goodyear as its rough track surface leads to higher wear and tear
whereas its length and layout encourages high speed.
The new right-side tire designed for the Atlanta speedway
incorporates the Multi-Zone Tread Technology. This technology
fuses two different rubber compounds in a single tread to provide
both traction and durability, which helps to serve the NASCAR
The technology was incorporated from Goodyear's Assurance
TripleTred All-Season passenger tire, which initiated the concept
of multiple tread zones in auto tires. It features three separate
zones to provide enhanced traction in wet, icy and dry
Before this, Goodyear used street technology in racing tires in
the NASCAR Nationwide Series that featured the wet weather radial
from the Goodyear Eagle F1 All Season tire. With the newly
designed tire, the Goodyear has deployed street technology to the
racing track for the second time.
Cooper Tire & Rubber Co.
) announced that its latest product Discoverer HT3 tire family is
now available with dealers across the country. Discoverer HT3 is
a smart option for business owners and occupies about 96% of the
light truck highway market share.
Cooper's Discoverer HT3 tire is equipped with modern technology
such as silica infused tread compound and full depth 3D
micro-gauge siping. This helps in improving the performance of
the truck on highways. Discoverer HT3 also features a continuous
shoulder rib, which provides better resistance to irregular wear
and ensures less noise during a ride.
Goodyear Tire & Rubber Company is one of the largest tire
manufacturing companies worldwide, selling its products under the
Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other
"house" brand names as well as private-label brands.
Goodyear expects full-year tire unit volume to be flat compared
with 2012. The company expects unit volume to increase 3% to 5%
in the third quarter of 2013 due to improvements in emerging
markets and recovery in mature markets. Currently, the company
retains a Zacks Rank #1 (Strong Buy).
Stocks that are worth looking for in the same industry include
American Axle & Manufacturing Holdings Inc.
). Both carry a Zacks Rank #1 (Strong Buy).