Goodyear`s sales records
The Goodyear Tire & Rubber Company, Akron, OH, USA, reported record sales for the fourth quarter and the full year of 2006.
Goodyear's fourth quarter 2006 sales were nearly USD5billion, a 2% increase compared with the 2005 quarter excluding the impact of businesses divested in 2005 and the full year sales for2006 topped USD20billion for the first time. Strong sales came despite an 8% decline in tire volume, principally due to a 12-week strike in North America by the United Steelworkers and the company's action to exit certain segments of the private label tirebusiness.
Sales benefited from improved pricing and product mix in the company's international tire businesses, all of which achieved salesrecords.