The USA Tire Industry in the World Market Place

Goodyear Tire and Rubber Company is one of theGoodyear maintains its leading position as a
biggest tire producers in the world after Michelin'shigh-performance segment of the tire market.
acquisition of Royal Goodrich. Goodyear competes inGoodyear is based on the innovative products of high
a global tire industry. It aims at keeping its leadingquality and high advertising expenses. It won almost
position and thus, Goodyear invested more than $190 per cent of the market for its high-performance
billion to build automated tire-making facilities, thetires for US auto. Besides, it is well-advertised on
best in the world. Goodyear expands its tire storessporty imports. Owing to its location Goodyear and
to keep its leadership as the biggest producer-retailerother USA tire manufacturers has got a great help in
of tires in the USA. Besides, it has invested muchthe USA market. Though, one should to be critical to
money in the investigation and development of tirespoint out that tires are far from being cheep to sell
production. The tires are at the cutting edge ofthem in Europe.
world-class performance and it is a well-known fact.