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Goodyear: All players will capitalise on the car market boom

07.04.2008, 18:57 13

Ovidiu Balan, the new general manager of Goodyear Dunlop Tires Romania, a company with turnover worth over 35 million euros a year, says tyre distributors will continue to see positive results due to the boom on the car market. "Ourselves, as well as the other players on the market will be able to capitalise on the 50% increase in the number of vehicles imported to Romania in 2007, and on the almost 110,000 domestically-manufactured vehicles being sold last year. I think these sales will bear fruit for us in around three years' time," says Balan, the new general manager since March 1, after Octavian Velcan was appointed as General Manager of Goodyear Middle East, based in Dubai. Over the last 2-3 years, the Romanian tyre market has increased by around 5-7% a year in terms of volume. The Goodyear representative estimates that this general sales trend will be preserved this year, as well." Last year, our growth rate amounted to 7-10%. I don't know if we will be able to exceed the 2007 growth rate this year," says Balan. The Goodyear representative believes that the second-hand tyre market is on a continuous downward trend. "In 2005, 20% of the tyres on the market were second hand ones. I think the percentage is now close to zero due to the disappearance of second hand tyre warehouses. This type of tyres will be replaced by Asia no-names," he added.

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