GOODYEAR TYRE & RUBBER COMPANY

INTRODUCTION

• HEADQUATER-OHIO,US.
• FOUNDED IN THE YEAR 1898 BY FRANK SEIBERLING.
• THE COMPANY WAS NAMED AFTER CHARLES
GOODYEAR.
• INVENTER OF VULCANIZED RUBBER IN THE YEAR 1839.
• IT HAS PRESENCE IN INDIA FROM LAST 90 YEARS.
• PLANTS IN INDIA
-BALLABGARH 1961
-AURANGABAD 1993
• GOODYEAR FORMED 50-50 PARTNERSHIP WITH SOUTH ASIAN
TYRES LTD. AT AURANGABAD .
• SATL BECAME A FULLY OWNED GOODYEAR COMPANY IN THE
YEAR 1998
• IT HAS AROUND 5400+ EMPLOYEES IN ITS AURANGABAD PLANT
• GOODYEAR MANUFACTURES TYRES FOR
-AUTOMOBILE
-COMMERICAL TYRES
-LIGHT TRUCK TYRES
-SUVs
-RACING CARS
-AIRPLANES
• GOODYEAR TYRES FIRST BECAME FAMOUS BECAUSE OF
THEIR RADIAL TYRES
• 1st GPS2 RADIAL PASSENGER TYRES WAS ROLLED OUT
FROM AURANGABAD PLANT
• IN PASSANGER CAR SEGMENT GOODYEAR SUPPLIES TYRES
TO MANY LEADING COMPANIES LIKE
MARUTI,TELCO,MAHINDRA AND MAHINDRA,ORD,FIAT etc
• THE COMPANY IS THE MOST SUCESSFUL TYRE SUPPLIER IN
THE FORMULA ONE HISTORY
FINANCIAL STANDINGS
• GLOBAL MARKET IS ESTIMATED AT AROUND 90 BILLION.
• INDIAN TYRE MARKET IS AROUND 100 MILLION.
• GOODYEAR-SUMITOMO IS THE GLOBAL MARKET DOMINATOR
WITH THE SHARE OF 22%.
• INDIAN MARKET SHARE OF GOODYEAR TYRES IS AROUND 7%.
• SHARE PRICE 966.30
• CURRENT MARKET CAPITILIZATION 2199 cr.
• COMPANY IS LISTED IN BOTH BSE & NSE.
• Chairman, President, and CEO
RICHARD J.KRAMER
• REVENUE-US$12.32 billion (2020)
• Operating income-US$−538 Million (2020)
• Net income- US$−1.254 billion (2020)
• Total assets- US$16.506 billion (2020)
• Total equity- US$5.4 billion (2020
COMMON GOALS
• Goodyear will be first in the global tyre industry by:
• Attracting, developing, motivating and retaining the best team
of associates.
• Earning and building long lasting relationships with customers,
consumers and business partners and exceeding their
expectations.
• Driving an efficient, aligned and effective organisation.
• Creating a sustainable business model that consistently
delivers a strong return on investmen.
Goodyear Mission Statement
• Constant improvement in our
products and services to
exceed the expectations of our
customers and people.
GOODYEAR’S VALUES
• Innovation
THANK YOU