Goodyear's 2011 sales increased 21% year-on-year

Goodyear Tire recently announced that its sales in 2011 were US$22.8 billion, a year-on-year increase of 21%, and sales in 2010 were US$18.8 billion. In 2011, global tire sales were basically the same as in 2010.

Goodyear sold 66 million tires in North America in 2011 with sales of $9.859 billion; tire sales in Europe, the Middle East and Africa were 74.3 million, and sales were $8.04 billion; tire sales in Latin America were There were 1,980,000 branches with sales of 2,472 million U.S. dollars; tire sales in the Asia Pacific region were 20.5 million, and sales were 2,062 million U.S. dollars.

Goodyear’s 2011 net profit was US$321 million, and in 2010 it was a net loss of US$216 million. Operating profit in 2011 was US$1.4 billion, a year-on-year increase of 49%, and operating profit in 2010 was US$917 million.

In the fourth quarter of 2011, Goodyear’s sales were US$5.7 billion, a year-on-year increase of 12%; tire sales totaled 43.20 million, a decrease of 5% year-on-year; and operating profit in the fourth quarter was US$196 million, a decrease of US$28 million.