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Latest Tire News, Wheel Guides & Car Tips | Performance Plus Tire Blog

Where real-world experience meets expert tire and wheel advice. Get fitment tips, off-road and classic car know-how, and the latest tire tests—direct from our shop to your screen.

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  • Hank Feldman — Founder & hot rod expert, sharing classic car knowledge, restoration tips, and vintage wheel insights. See profile
  • Dennis Feldman — Vice President & custom fitment specialist, writing about performance wheels, off-road setups, and tire tech. See profile

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Goodyear posts loss for the quarter, but tops expectations

Posted Jul-31-09 at 12:00 AM By Jackie
According to a news article from Reuters, the Goodyear tire company posted a loss for the quarter, but did much better than the industry thought it would.  Their loss was much smaller than analysts had predicted according to the article. The loss equated to this, from the article by David Bailey: “The net loss amounted to $221 million, or 92 cents per share, for the second quarter, compared with a profit of $75 million, or 31 cents per share, a year earlier.” The tire companies have been feel [...more]

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Posted in: Auto industry news Tags: Goodyear goodyear tire tire
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