News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Metro RTA

Hospice of the Western Reserve

Lehmans


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


U.S. auto industry comeback keeps Goodyear on track
Company selling more tires for new cars
by WKSU's GRANT ENGLE

Reporter
Grant Engle
 
Goodyear Tire and Rubber Company has been based in Akron since 1898
Courtesy of Chris Wallis
Download (WKSU Only)
In The Region:

Goodyear lost sales and profits in the third quarter of 2012 compared to last year.

But, the earnings report released Friday isn’t all bad for the Akron-based company. Goodyear is still ahead of schedule to meet its income target of $1.6 billion next year.

A spokesman at Goodyear said the company’s numbers are down primarily because of the struggling auto industry in Europe.

Ned Hill is the dean of the Levin College of Urban Affairs at Cleveland State University. He says Goodyear has managed to stay on track to meet its goals because of the recovery of the U.S. auto industry.

Ned Hill on how Europe's economy is affecting Goodyear

Other options:
Windows Media / MP3 Download (0:14)


“In North America, particularly the U.S. market, the auto industry is coming back fairly strongly, but they’re being buffeted by Europe – that is in a recession. The part of Europe’s economy that is particularly hard hit is the automotive sector.”

Hill says another indicator that the auto industry is trending upward in the U.S. is that Goodyear’s new equipment volume increased – in part due to car makers equipping their new cars with Goodyear tires.

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

The Black Keys guitar tech's moment in the spotlight
Nice job, Vivian. It's always nice to hear about the unsung heroes getting their due! Thank you, Chuck Johnston (Full disclosure - I'm a friend of the Carney fa...

Akron's Tuba Christmas: A resounding blast of holiday spirit
Nice piece, Vivian! Looking forward to hearing you move from flute to tuba on Saturday. Love hearing your interviews and this seemed extra special since I kno...

Cleveland Hugo Boss workers are fighting for their jobs again
Bro. Ginard; I support your effert to keep your jobs, I understand all about concesions, I was a Union offical from 1965 until 1991 and the company th...

Asian Carp control could benefit from bill passed by House, heading to the Senate
help me fight the battle against invasive carp by method of harvest

Ohio's Portman supports lifting limits on party political money
If Portman was legitimately concerned about outside groups influence on elections he would have supported the DISCLOSE act. Instead he helped block it being bro...

Study shows trade with China has cost more than 3 million U.S. jobs
I disagree with James Dorn! If we don't change the playing field and make it a fair competition the whole US industry will be weaker and weaker. Eventually all ...

Video of Cleveland police shooting a 12-year-old is critical to the investigation
While I think this is a very unfortunate, the fact is that police are trained to aim for the large mass of a human to stop them. If they aimed for the leg it w...

Wayne County teacher says he was fired for criticizing dairy
This is bull crap Smithville Schools have changed ever since the new school I'm so ashamed at the district I wish I could pick my house up and move it to anothe...

White Castle is closing its five Northeast Ohio restaurants
you should open a white castle in logan ohio.i'm pretty sure you disappointed,thank you...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University