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Goodyear Tire Bags Good Profit

2010-03-03    

News from Goodyear Tire & Rubber Company reports that its market performance of the fourth quarter at last year got a very good result. The sales hit $4.4 billion, up 7 percent from 2008"s fourth quarter and the net income reached $107 million. In the fourth quarter of 2008, the company lost $330 million. Hence, Goodyear Tire is very satisfactory about its result. According to its prediction, tire demand around the world has begun to recover and the company looks forward to a robust global growth in this year. Goodyear Tire has very good confidence.


Goodyear is one of the world"s largest tire companies.  It employs approximately 69,000 people and manufactures its products in more than 57 facilities in 23 countries around the world.