Ending a difficult year, Goodyear showed areas of loss and areas of increasing growth, with total year sales down 16% and tyre unit volumes down 19%. However, whilst the segment operating sector for the whole year reduced by $14 million, it rose substantially during the last quarter, showing room for optimism.
How Goodyear Fared in 2020
Releasing all their results for the year, Goodyear’s fourth quarter 2020 sales were $3.7 billion, down 2% from a year ago, which they attribute to lower volume and unfavourable foreign currency translation, whilst these negatives were balanced by...
How Goodyear Fared in 2020
Releasing all their results for the year, Goodyear’s fourth quarter 2020 sales were $3.7 billion, down 2% from a year ago, which they attribute to lower volume and unfavourable foreign currency translation, whilst these negatives were balanced by...
