Goodyear Loses $64m Lawsuit

Goodyear Blimp

Czech technology company Coda Development has won a legal case in Akron, Ohio against Goodyear Tire & Rubber Co, winning USD 64 million in damages after a court found that Goodyear has stolen technology developed by Coda relating to self-inflating tyres.

Czech Company Wins Substantial Damages

The jury ruled that Goodyear had misappropriated five of the 12 alleged trade secrets Coda accused it of misusing, awarding Coda $2.8 million in compensatory damages and $61.2 million in punitive damages for what the court referred to as Goodyear's "willful and malicious" behaviour.

Akron-based Goodyear said in a statement that it was disappointed with the verdict and will consider all of its options. Attorneys for Coda declined to comment.

About the author

David is the Owner and Publisher of Commercial Tyre Business. With over 30 years' experience as a specialist tyre industry journalist, he first entered the tyre industry in 1987 as Editor of Tyre & Accessories. He was Editor of Tyre Trade News between 1993-96 before establishing Retreading Business in 1997. In 2004 he acquired the Malaysian tyre magazine The Tyreman, before establishing Tyre & Rubber Recycling in 2009. In addition to his publishing ventures, he was also Director of the Retread Manufacturers' Association between 2004 and 2014.

Email: commercialtyrebusiness@btconnect.com

Phone: (44) 1270 668 718

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