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Thursday, October 21, 2021

Goodyear Cuts Production at Luxembourg Tire Plant

Goodyear has announced an end to Saturday production at its Colmar-Berg, Luxembourg factory.

This decision, taken as a result of falling demand for commercial vehicle tires, follows an announcement in early October that the plant’s Sunday shift was being suspended.

Goodyear has announced an end to Saturday production at its Colmar-Berg, Luxembourg factory. This decision, taken as a result of falling demand for commercial vehicle tires, follows an announcement in early October that the plant’s Sunday shift was being suspended.

Company spokesperson Jean-Paul Bruck has commented that the further reductions in production at the factory have been scheduled due to existing stock levels. Following the October cut in reduction stock levels fell, however they are again stagnating. “We are concerned that they will rise further,” Bruck commented. “We want to produce no tires [that are] already in inventory.” Goodyear employs around 3,300 people at its Colmar-Berg facility.

Source: Tire Reviews

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