Goodyear Reports Drops in Q2 Sales, Units and Operating Income
Goodyear Tire & Rubber Company reports that its second quarter 2017 sales were down, coming in at $3.7 billion compared to $3.9 billion a year ago. The company said the decrease largely attributable to lower tire unit volume, partially offset by improved price/mix.
Pirelli Sees Positive First Half
Pirelli & C SpA reported roughly €3.17 billion in sales, a 6.4% increase year-over-year, for the first half of 2015. The company also reported its operating income (EBIT) increased 4.8% to €446.6 million and net profit rose 10% to €211.4 million. The company reported an overall 10.2% increase in its consumer tire business, but a
Cooper Reports 1H Results
Cooper Tire & Rubber Co. reported 2015 first half net sales are down year-over-year, but the tiremaker’s net income is up. Net sales for the first half of 2015 were roughly $1.41 billion compared to $1.68 billion in 2014. However, net income was up in the first half of 2015 to $102.6 million versus just
