Goodyear Exiting ‘Certain Segments’ of Private Label Business
(Akron/Tire Review) Goodyear Tire & Rubber Co. announced that it is withdrawing from certain segments of the private label tyre business in North America. Approximately 10 private label brands currently manufactured by Goodyear and sold by wholesale customers to tyre retailers will be affected by the decision. In 2005, this segment represented approximately $300 million in sales and about 8 million units manufactured in five North American plants, or approximately one-third of the company’s overall private label business.