Goodyear Continues Strong Growth; Opens New Service Centers In Virginia And Washington

0
3448
Goodyear Showing Strong Growth

Goodyear Showing Strong Growth

The Goodyear Tire & Service Network continues to show strong growth. On Friday, Goodyear Tire & Rubber Co (NASDAQ:GT)’s shares were up 0.49% to $30.89. Goodyear just recently opened two new Goodyear Commercial Tire & Service Centers: one in Chesapeake, Virginia, another in Seattle, Washington.

The new Goodyear tire and service centers are just two of many new facilities recently opened. In addition to the Chesapeake and Seattle stores, Goodyear has also opened stores in Dearborn, Michigan; Montgomery, Alabama; and Garland, Texas.

Goodyear Tire & Rubber Company Services

The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, in addition to under the private-label brands.

Goodyear Show Strong Growth

The Goodyear Tire & Rubber Company is up 5.17% in the last 3-month period. Year-to-Date the stock performance stands at 8.85%. The company shares have rallied 24.91% in the past 52 Weeks. On June 1, 2015 The shares registered one year high of $32.74 and one year low was seen on October 15, 2014 at $18.87. The 50-day moving average is $30.21 and the 200 day moving average is recorded at $28.42. S&P 500 has rallied 7.26% during the last 52-weeks.

Our new locations will make it even easier for fleets to access premium Goodyear tires, retreads and services,” said Paul Wanstreet, president of Goodyear Commercial Tire & Service Centers.“We look forward to continuing to provide the premium products and services that fleets have come to expect from Goodyear.

The new Goodyear Commercial Tire & Service Centers offer a variety of different services:

    • New Goodyear, Dunlop and Kelly brand medium truck tires, including Goodyear’s new Fuel Max LHD G505D and Fuel Max LHS tires, which contain innovative, low rolling resistance fuel compounds to help fleets lower their fuel consumption
    • Goodyear-Fleet HQ 24/7 Emergency Roadside Service, which has helped more than one million trucks return to service and offers an industry-leading, average roll-time of two hours and 11 minutes
    • Goodyear retreads, including those that contain Goodyear’s spliceless UniCircle Technology. Tire balancing services, mounting and more.

 

Goodyear Company Stats

Goodyear operates approximately 1,300 tire and auto service center outlets where it offered its products for retail sale and provided automotive repair and other services. The Company manufactures its products in 52 manufacturing facilities in 22 countries, including the United States. It operates through four operating segments representing its regional tire businesses: North American Tire; Europe, Middle East and Africa Tire (EMEA); Latin American Tire, and Asia Pacific Tire.