Goodyear's Earnings Fall by Double Digits in 2017

Although sales were up, Goodyear Tire & Rubber Co.’s year-over-year earnings dropped 72% in 2017 and segment operating income fell 23%. The company attributed a net loss in 2017's fourth quarter to tax reform.


Goodyear U.S. Tire Units Fell 9% in 3Q

Goodyear Tire & Rubber Co. offered a list of factors that contributed to its "rough" third quarter: replacement and original equipment tire volumes dropped, and raw material costs also hit a peak for the year and increased 32%.  

Goodyear's Wingfoot logo will appear on Kyrie Irving's jersey, as well as the rest of his Cleveland Cavaliers teammates beginning with the 2017-2018 season.

Goodyear Goes 'All In' With Patch on Cleveland Cavaliers Jersey

Goodyear Tire & Rubber Co. is among the first companies in the country to buy an advertisement on the jersey of a NBA team. Akron-based Goodyear made it a 'local' transaction, and announced a multi-year sponsorship agreement with the Cleveland Cavaliers.

Rich Kramer, pictured at Goodyear's recent customer conference, says the consumer business in the Americas and Asia Pacific regions drove the company's good 2016 results.

Goodyear: Sales Were Down, Income Up in 2016

Sales at Goodyear Tire & Rubber Co. were down 8% in 2016, $15.2 billion compared to $16.4 billion in 2015. The company says overall tire unit volumes were basically unchanged, though replacement tire shipments were up 2% and original equipment volume was down 4%.


Kramer: A Mobility Ecosystem Is Being Created

In his keynote remarks during Day Three of the 2017 Goodyear Customer Conference in Orlando, Chairman, CEO and President Rich Kramer described the emergence of a "new mobility ecosystem" driven by consumer attitudes and rapid advances in technology.


Breaking Down Rich Kramer’s Speech at the Goodyear Shareholders Meeting

Chairman and CEO Rich Kramer’s message to Goodyear Tire & Rubber Co. shareholders on April 11 was very positive. Phrases like “record levels of performance,” “positive momentum,” and “well-positioned to grow” were what the shareholders, board members (13 were re-elected) and employees in attendance wanted to hear.

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