Goodyear has reported what it says is record second quarter operating income of US428m, with accelerating growth in tyre unit volumes for the second half of 2013.
“Our second quarter earnings demonstrate the disciplined execution of our strategies by Goodyear associates around the globe as our operations become more efficient, reliable and integrated,” said Goodyear chairman and CEO, Richard Kramer. “We are leveraging this increased integration along with our product innovation to deliver sustainable earnings improvement through the cycle.
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“We achieved significantly higher earnings, with record operating income in North America and Asia Pacific.
“Our objective remains to focus on profitable targeted market segments where we can capture the value of our brands and prepare ourselves to take advantage of the market recovery when it comes.”