Ross MacDonald's questions to Goodyear Tire & Rubber Co (GT) leadership • Q3 2024
Question
Ross MacDonald from Morgan Stanley requested details on the current U.S. volume mix of 18-inch and larger tires to assess growth potential, and also inquired about the financial profile of the Dunlop business being considered for disposal.
Answer
Executive Vice President and CFO Christina Zamarro provided statistics, stating that across Goodyear's entire North American portfolio, 46% of tires are 18-inch or larger, indicating significant growth runway. She confirmed the Dunlop business represents about 5 million units, is mostly in EMEA, has been successfully repositioned into Tier 2 with growing share, and maintains healthy margins. She declined to split out price versus mix in financial reporting.