Retail

Goodyear juggles 5 issues to remain profitable

Posted on July 30, 2015
Goodyear's Rich Kramer talked about the connection between online sales and millennials at the 2015 Goodyear Dealer Conference.

Goodyear's Rich Kramer talked about the connection between online sales and millennials at the 2015 Goodyear Dealer Conference.

By the numbers, Goodyear Tire & Rubber Co. enjoyed very positive results in the second quarter of its 2015 fiscal year.

How it turned a $192 million profit, and posted record operating income to boot, was discussed during the company's conference call on July 29. Modern Tire Dealer Editor Bob Ulrich listened in; his latest blog details what was said, and helps explain why Goodyear Chairman and CEO Rich Kramer is so happy.

Ulrich keys on five topics:

1. Global pricing,

2. Online tire sales,

3. The Kelly Edge powerline,

4. Latin American economics, and

5. Winter tire sales in Europe.

To find out why Goodyear believes its "value proposition" strategy is working, read "Goodyear addresses online sales, pricing and more during conference call." Then let us know what you think about Goodyear's results, Goodyear's view on any of the five topics or just Goodyear by leaving a comment!

Related Topics: B.O.B., Latin America, online tire sales, Richard Kramer, tire pricing, winter tires

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