Goodyear sold 39 million tires in the first quarter of 2018 and its sales increased by 3.5% year-on-year
Sales: US$3.83 billion, up 3.5% year-on-year; Cost of sales: $2.976 billion, up 7.8% year-on-year; Net profit: US$75 million, down 54.8% year-on-year. The sales volume of tires was 399 million pieces, a decrease of 2.5% year-on-year. The original tires were reduced by 4%, and the replacement tires were down by 2%. In the first quarter of the US market, Goodyear's sales of 16.7 million units decreased by 500,000 compared with the previous year, with sales of 1.929 billion U.S. dollars, a decrease of 29 million U.S. dollars. The European, Middle East and African markets sold 14.7 million, a decrease of 800,000 from the previous year, and sales of 1.33 billion US dollars, an increase of 91 million yuan. The Asia-Pacific market sold 7.6 million tires, an increase of 300,000, and sales of 571 million US dollars, an increase of 69 million US dollars. For the first quarter results, Goodyear President Richard J. Kramer expressed satisfaction because the raw material costs remained high and the market demand was not as expected. TireHub, a joint venture with Bridgestone , is also full of expectations and believes it will provide a strong driving force for Goodyear. Goodyear is still full of confidence in the expected target of 2018, and it is expected that operating income will be between 1.8 billion and 1.9 billion U.S. dollars. With TireHub, Goodyear also set its 2020 operating revenue target at 2 billion to 24 billion U.S. dollars. Foldable Electric Scooter,Folding Scooter,Folding Electric Scooter,Foldable Scooter Ningbo Hiley Technology Co.,Ltd , https://www.hiley-mobility.com
Goodyear announces its first quarter earnings 
Goodyear tires