UPDATE 3-Goodyear sees earnings pressure; stock falls 7 pct

Newswire

(Recasts, adds executive quotes, stock reaction, byline) By Nick Zieminski NEW YORK, June 26 (Reuters) - Goodyear Tire & Rubber Co said on Thursday a tough U.S. economy and reduced demand will put pressure on earnings, sending its shares down more than 7 percent to their lowest level since December 2006, part of a wider auto industry stock downturn. The largest U.S. tire maker said it would spend up to $1.3 billion annually over the next few years to expand in key markets, and ...

Premium Content (PAID Subscription Required)

"UPDATE 3-Goodyear sees earnings pressure; stock falls 7 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 9, 2016
Video
WardsAuto

FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×