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Company Profile For The Goodyear Tire & Rubber Company

The Goodyear Tire & Rubber Company (GT.N) (New York Stock Exchange)
sector: Cyclical Consumer Goods & Services · industry: Tires & Rubber Products ·
As of  25 Nov 2009
14.00USD
Price Change
+0.25
Percent Change
+1.82%
 
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Overview

The Goodyear Tire & Rubber Company (Goodyear) is a manufacturer of tires. The Company, along with its United States and international subsidiaries and joint ventures, develops, manufactures, market and distribute tires for applications. Goodyear also manufactures and markets rubber-related chemicals for various applications. The Company is an operator of commercial truck service and tire retreading centers. In addition, it operates more than 1,600 tire and auto service center outlets where it offers its products for retail sale and provides automotive repair and other services. The Company manufactures its products in 61 manufacturing facilities in 25 countries, including the United States. During the year ended December 31, 2008, Goodyear operated its business through four segments: North American Tire; Europe, Middle East and Africa Tire; Latin American Tire, and Asia Pacific Tire.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, The Goodyear Tire & Rubber Company's revenues decreased 23% to $11.86B. Net loss totaled $482M vs. an income of $253M. Revenues reflect a decrease in sales from Europe, Middle East & Africa Tire and lower income from North American Tire. Net loss reflects an increase in rationalizations expenses, a decrease in interest income and lower gains on asset sales, decreased royalty income.

Company Address

The Goodyear Tire & Rubber Company
1144 East Market Street
Akron   OH   44316
P: +1330.7962121
F: +1330.7962222

Total Employees

74700

Find Out More About GT.N

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