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Goodyear Tire & Rubber Company (GT)

Stock (Consumer Products Industry, Auto Makers Industry, Rubber & Plastics Industry, Retail Industry, Transportation Industry, Manufacturing Industry)

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 Growth in Emerging Markets
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 Sale of Engineered Products segment will provide $1.5B in cash

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Company: Goodyear Tire & Rubber Company (GT)
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edit Growth in Emerging Markets

Top Contributor: J.D. Thornton | Created when GT was $36.25 | Edit | History

As many consumers in emerging markets become wealthier, they are demanding more and more automobiles. Goodyear stands to profit enormously from this trend by providing tires for these new markets. Due to management's decision early in the decade to aggressively pursue growth in developing economies, net sales for emerging markets increased 15% in 2007.

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edit Sale of Engineered Products segment will provide $1.5B in cash

Top Contributor: Michael Luddy | Created when GT was $36.25 | Edit | History

The sale of Goodyear's Engineered Products segment will provide $1.5 billion in cash. That along with Goodyear's cost saving initiiatives could greatly reduce the pressure of the company's large debt.

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