It was, well, a good year for the Goodyear company, as it produced $19.5 billion in net sales. It is also the largest manufacturer of tires in North and Latin America, according their website.
The company, which ranked No. 16 on the Best Corporate Reputations list for 2008 released by the Reputation Institute, runs more than 60 plants in 25 countries. Goodyear Chairman, Chief Executive Officer and President Robert Keegan pointed out in his Letter to Shareholders in the company’s Annual Report that the company was named the “World’s Most Admired Automobile Parts Company” in 2008 by Forbes magazine. The same publication also called Goodyear “One of America’s Most Respected Companies” and was on the list of the “Most Trustworthy Companies in America.”
Frank A. Seiberling started Goodyear in a factory made of strawboard in 1898 in East Akron, Ohio. He sold, amongst other things, tires for carriages and bicycles, rubber poker chips and fire hoses. In 1925, one of the most distinguishable and recognized advertising symbols in the world – the Goodyear Blimp – debuted.
In 1932, the company developed the first-ever hydraulic brakes for airplanes; and in 1947, Goodyear made the first tires from nylon. In 1970, the Apollo 14 Modularized Equipment Transporter landed on the moon with Goodyear tires.
The company is best known for its tires, which constituted 87 percent of the company’s sales in 2008, compared to 88.6 percent in 2007 and 2006. It manufactures tires for automobiles, trucks, airplanes, industrial equipment, mining equipment and motorcycles; as well as for off-road vehicles, farming equipment, rubber tread and retreading materials and truck tire flaps. Goodyear also provides automobile repair services in some areas.
Promotional Discounts, Coupon Codes, and Deals on Goodyear
Goodyear has a promotion that when a customer purchases four new tires with his or her Goodyear credit card, he or she is eligible for a $160 rebate. If the customer doesn’t have or use a Goodyear credit card, he or she is still eligible for an $80 rebate. This rebate applies to all Eagle F1 tires and Wrangler MT/R with Kevlar tires.
Other rebates available include $40 with the Goodyear credit card ($20 without the Goodyear credit card) for purchasing four tires of the following brands: Assurance Fuel Max, Eagle GT, GT II and Ultra Grip GW-3; Fortera HL, Ultra Grip Ice, and Wrangler Duratrac and SR-A.
Goodyear is also offering an $80 rebate with the Goodyear credit card ($40 without the Goodyear credit card) for buying four tires of the following brands: Assurance ComforTred and TripleTred, Eagle LS/LS-2, ResponsEdge and RS-A; Fortera SilentArmor and TripleTred, Ultra Grip Performance 2 and SUV, and Wrangler SilentArmor.
The Goodyear credit card can be used at 4,500 locations in the United States. It has a 26.99 Annual Percentage Rate (APR) for purchases, and a 29.95 APR for cash advances.