The Goodyear Tire & Rubber Company Business Report FY2010
Business Overview-The worldwide tire unit sales in the replacement and OE markets during the period indicated were as follows.
|(in million of tires)|
|North American||Replacement tire units||50.8||
|Europe, Middle East and Africa Tire||Replacement tire units||55.6||52.8||55.9|
|Latin America||Replacement tire units||13.9||13.1||13.9|
|Asia pacific||Replacement tire units||12.7||12.1||12.9|
|Total||Replacement tire units||133.0||128.0||134.1|
-The increase in worldwide tire unit sales of 13.8 million units, or 8.2%, compared to 2009, included an increase of 8.8 million OE units, or 22.5%, due primarily to increases in the consumer markets in North American Tire and EMEA due to improved economic conditions resulting in higher demand for new vehicles.
Contracts-The Company announced that Toyota has selected Dunlop SP Sport 7000 tires, in size P235/50R19, as standard fitment for the 2011 Sienna SE. The sale of this minivan will start in February 2010. (From a press release on January 8, 2010)
-The 2011 Toyota Sienna XLE will be outfitted with Goodyear Eagle RS-A tires as standard equipment. The vehicle comes with the tires in size P235/55R18 when it goes on sale in February 2010. (From a press release on January 8, 2010)
-The Company supplies its run-flat tire Eagle F1 SuperCar G:2 to GM. The tire, in sizes P275/35ZR18 and P325/30ZR19, has been selected as original equipment on the 2011 Chevrolet Corvette Z06. (From a press release on February 4, 2010)
-The Company supplies its ultra-high performance tire Eagle F1 SuperCar G:2 to Ford. The tire, in sizes P265/40ZR19 and P285/35ZR20, has been selected as original equipment on the 2011 Mustang Shelby GT500. (From a press release on February 10, 2010)
-The Company will supply tires as an original equipment fitment for the 2011 Ford Explorer. The standard tire fitment for the Explorer SE model will be Fortera HL tires in a P245/65R17 size. The car model is expected to go on sale winter 2010. (From a press release on October 15, 2010)
|(in million USD)|
R&D Structure-The Company owns and operates three research and development facilities and technical centers, and three tire proving grounds.
|(in million USD)|
|North American Tire||319||306||449|
|Europe, Middle East and Africa Tire||183||212||315|
|Latin American Tire||135||76||150|
|Asia Pacific Tire
|Total Segment Capital Expenditures||918||728||1,020|