Investor Update From Goodyear

Goodyear has published its monthly investor update, giving brief details of the company’s performance in various world markets. In North America in October, industry shipments of OE and replacement tyres fell. Goodyear made production cutbacks, which continued during November.

European industry-wide replacement tyre shipments fell for both passenger and commercial and Goodyear’s sales followed this trend. For OE, Goodyear shipments of consumer tyres were up on last year while those of commercial tyres fell. In Eastern Europe, Goodyear’s shipments of OE and replacement tyres fell from October 2000 levels.