News from tyre manufacturers and distributors - Goodyear gets out of the red

Goodyear gets out of the red

Business Published the 18/12/2009

The American manufacturer expects positive growth in 2010, and will soon begin to reoffer benefits. This optimism is made possible by improvements in the economy, cost reductions, and less expensive raw materials.

After nine months of losses, Continental has reported net earnings of 48.63 million euros for the third quarter. Michelin’s biggest competitor states that i twill count on its presence in Asia, Latin America and Eastern Europe as a part of its strategy for growth.