Investor Update From Goodyear

The latest investor update from Goodyear reflects the worldwide state of the motor industry. US and European passenger car replacement sales were above last year’s figures, but commercial sales were down. OE shipments in the US were down, but level with last year’s figures in the European Union.

Eastern Europe showed a flat replacement market and a 20% drop in OE supply. In Latin America replacement sales were down, but OE was up in May. A similar picture was painted in Asia.