Goodyear Says Asia Sales to Rise in 2006

Goodyear Tire and Rubber Co. says it expects sales in Asia to rise 6 per cent this year compared with an 8.5 per cent increase in 2005, Asia Pacific President Pierre Cohade told Reuters.

“We anticipate the industry in Asia to grow 5 per cent this year and we are aiming to gain 6 per cent,” Pierre Cohade said on the sidelines of an American Chamber of Commerce event in Shanghai. Cohade said the forecast was based on a mild slowdown in growth in the China market, one of its major growth drivers. .