Economy tyre provides a smooth ride, long wear and adequate traction on dry and wet weather conditions. The term "economy" usually means it is for saving purposes. Not only is it cost saving, economy tyre also enhances fuel efficiency as well as providing more mileage. The tyre maximises low rolling resistance, which in turn improves the fuel efficiency of the vehicle. In general, an economy tyre has higher profiles that enhance smoother rides and longer wear. Its lower speed ratings provide a harder, longer wearing compound. An economy tyre generally has a longer tread lifespan as compared to performance and comfort tyres.