Year To Date Performance From Goodyear

Goodyear has released details of the group’s performance in various markets, for the year to date, to end February. Brief details are as follows:North American Tire: February industry shipments of consumer replacement tyres were 8 per cent up on last year. Goodyear shipments to dealers were flat, as some dealers pre-bought at the end of last year.

Goodyear shipped 400,000 tyres as part of the Ford replacement programme. Industry shipments of commercial tyres were 14 per cent up on last year’s levels. Goodyear’s shipments were up, but not as high as the industry figure.

Industry shipments of OE tyres were up 10 per cent for car tyres and down 17 per cent for commercial tyres. Goodyear’s unit shipments outperformed the industry.European Union: Consumer replacement tyres: industry shipments + 3 p.

c. Goodyear shipments lower. Commercial replacement tyres: industry shipments – 6 p.

c. Goodyear shipments reflect this figure. Consumer OE tyres: both industry and Goodyear shipments up.

Commercial OE tyres: both industry and Goodyear shipments down.Eastern Europe: No segmentation available, but Goodyear replacement tyre sales were up, due mainly to market recoveries in South Africa and Turkey. Goodyear OE tyre sales were down slightly.

Latin America: Goodyear replacement tyre sales down, mainly in Brazil and Argentina. OE sales were up. Currencies in Brazil and Mexico were revalued, but this was offset by devaluations in Argentina and Venezuela.

Asia: Replacement tyre sales were up from last year, while OE unit sales were slightly down. Improved volumes in China and India helped improve operating margins over last year..