Goodyear & Michelin Speed Up Intro of Innovative Tire Systems
24 June 2000
New systems to feature run-flat capability Consumers to benefit from new styling flexibility, additional useable space within vehicles, improved performance and environmental features AKRON, OHIO AND CLERMONT-FERRAND, FRANCE - Goodyear and Michelin, two of the world's largest tire companies, announced today in an historic agreement that they will cooperate to provide auto manufacturers and consumers with significant new choices in run-flat tire systems. Recognizing the growing demand of consumers for increased comfort, improved handling and the security of run-flat capability, the two companies will cooperate in the research and development of advanced run-flat technologies through a joint venture. Run-flat systems will also provide auto manufacturers with greater opportunities in vehicle design, use of interior space and styling flexibility. These innovations should lead to further advances in rolling resistance for reduced fuel consumption. By contributing resources for joint run-flat research and development, Goodyear and Michelin will dramatically accelerate the availability of advanced run-flat systems for auto manufacturers and consumers. They also will provide auto manufacturers with additional sourcing opportunities as the two companies develop complementary but competitive products for their markets. Each company brings advanced run-flat system experience to the joint venture, which will be headquartered in The Netherlands. Goodyear will license its extended mobility technology and pressure monitoring system patents to Michelin. Michelin will license the PAX System to Goodyear. These technologies will become the foundation for developments of future generations of run-flat systems. One goal of the joint venture is to help address the concerns of drivers to better manage loss of air pressure. For many drivers, checking air pressure on a regular basis can be an inconvenience. For virtually all motorists, changing a tire on a busy road or in an unfamiliar location can be worrisome. Run-flat systems will give increased security and convenience by enabling users to continue driving on a tire without air pressure until it can be serviced. To address consumer concerns, in 1994, Goodyear launched its Extended Mobility Tire (EMT). If a complete loss of air pressure occurs, the EMT tire, with reinforced sidewall inserts and a low pressure warning system, allows consumers continued operation of their vehicles until they can reach a service facility. This concept was designed to fit standard wheels. In 1996, Michelin launched PAX System. It consists of four key features: a tire with a unique bead lock; a run-flat insert that allows the vehicle to continue operating if tire pressure is lost; a special wheel that accommodates both the unique bead and the run-flat insert; and a tire pressure warning system. Today, PAX System has become a new standard. Goodyear and Michelin are convinced, after an analysis of other tire/wheel combinations, that PAX System is the best platform for incorporation of future tire concepts into new vehicle designs. Initially, Goodyear and Michelin will focus on accelerating the availability of the current PAX System. For those Original Equipment Manufacturers (OEM) customers who wish to have run-flat capability on conventional wheels, both companies will continue to propose solutions, utilizing EMT technologies and their improvements. The group also publishes travel guides, maps and atlases covering Europe, Asia, Africa and North America. Headquartered in Clermont-Ferrand, France, Michelin employs 127,000 people worldwide and has production facilities in 19 countries.
