Akron - The Goodyear Tire & Rubber Company today announced the launch of a worry-free, tires-as-a-service offering that combines the company's premium tires, proven predictive insights and industry-leading service footprint in one, subscription-based solution.

Building on the company's Total Mobility program, Goodyear will manage end-to-end tire service on behalf of its customers.

Available for commercial and last-mile delivery fleets in the U.S. and Europe, Goodyear's tires-as-a-service offering can help save time and improve total cost of ownership through outsourced tire management from this subscription-based solution. This is designed to increase uptime, reduce vehicle breakdown events, decrease fuel consumption and more.

In recent pilots, the tires-as-a-service solution helped reduce total cost of ownership, contributing to a nearly 80% reduction in emergency vehicle breakdown events and a 100% reduction in customer-owned inventory for a last-mile delivery fleet operating in the U.S. Similarly, Goodyear's new subscription helped a commercial fleet in Europe experience a nearly 50% reduction in emergency breakdown events and up to 4% reduction in fuel consumption compared to the prior year.

'Goodyear's tires-as-a-service offering is an evolution of our Total Mobility offering, providing a new solution for customers who require end-to-end tire management. It extends Goodyear products, services and solutions by providing one comprehensive, worry-free subscription,' said Gregory Boucharlat, vice president, Goodyear Tires-as-a-Service. 'We have already demonstrated that leveraging this solution can help fleet managers realize untapped value, and we look forward to expanding it to new customers.'

Key features of the pay-per-mileage subscription include: Premium Goodyear tires equipped with tire intelligence technology to generate proactive insights

Continuous, 24/7 tire monitoring and data collection from every tire

Proactive alert management and service coordination

Halo Tire Inflator, a self-powered automatic tire inflation system installed on applicable wheel ends (through an exclusive agreement with Aperia Technologies)

Access to Goodyear's service network to dispatch technicians whenever needed

About The Goodyear Tire & Rubber Company

Goodyear is one of the world's largest tire companies. It employs about 71,000 people and manufactures its products in 55 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

Contact:

Tel: (330)-796-3751

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