Goodyear Tire results top estimates as auto demand rebounds
- US auto demand, however, has risen since then, as consumers focus on personal safety and opt for private vehicles during the COVID-19 pandemic. Low interest rates and stimulus checks are also aiding the rebound.
- The company, whose brands include Kelly and Dunlop, said tire volumes rose 12% to 35 million units in the quarter, while replacement tire volumes jumped 14%.