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 tire sales in North America were 66 million units in 2011 with sales of US$9.859 billion; tire sales in Europe, the Middle East and Africa were 74.3 million, and sales were US$8.04 billion; in Latin America The sales of tires were 19.8 million units and sales were 2.472 billion U.S. dollars. In the Asia-Pacific region, sales of tires were 20.5 million, and sales were 2.062 billion 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 year-on-year decrease of 5%; and fourth-quarter operating profit was US$196 million, a year-on-year decrease of 2,800. Ten thousand U.S. dollars.