Goodyear Showcases Its Intelligent Tire For Fleet Operators
Zacks Investment Research | Mar 07, 2018 11:00PM ET
Goodyear Tires & Rubber Company (NASDAQ:GT) displayed the recent advances made in its intelligent tire prototype at the 2018 Geneva International Motor Show. Along with the tire, the information system prototype comprises of cloud-based algorithms and sensors that will facilitate fleet operators to communicate in real-time via a mobile application.
With the rising popularity of shared mobility services, the management anticipates a significant rise in mileage driven by each vehicle with the help of new applications in coming years. Further, managing tire issues faced by the fleet operators are important for the business model as well as the customers.
Goodyear’s intelligent tire prototype informs about the optimal usage of tires for maximized uptime and also about cost-efficient mobility via constant connectivity along with real-time data sharing.
The Goodyear Tire & Rubber Company Price and Consensus
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