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Goodyear Reports Higher Fourth Quarter, Full-Year Results

February 13, 2014

- Record fourth quarter segment operating income of $419 million, up 54%

AKRON, Ohio, Feb. 13, 2014 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full-year of 2013.

(Logo: http://photos.prnewswire.com/prnh/20050204/GTLOGO )

“Our outstanding fourth quarter and full-year earnings confirm that our strategy is working and demonstrate Goodyear’s ability to deliver sustainable earnings growth and strong free cash flow,” said Richard J. Kramer, chairman and chief executive officer. “Our North America business achieved record earnings in all four quarters of 2013.”

Subsequent to the year-end, and consistent with its previously announced pension strategy, Goodyear has taken steps to fully fund its hourly U.S. pension plans with $1.15 billion of available cash balances and has begun the process to freeze and de-risk the plans.

“Our 2013 performance has given us the confidence to fully fund our hourly U.S. pension plans,” Kramer said. “This is a major milestone in our history and will provide greater transparency to our underlying tire business while improving earnings and cash flow. Moving past these legacy obligations is a new beginning for our company.”

Goodyear’s fourth quarter 2013 sales were $4.8 billion, down 5 percent from the year ago quarter. Fourth quarter 2013 sales reflect $64 million in higher tire unit volumes; $178 million in lower sales in other tire related businesses, most notably third party chemical sales in North America; $36 million in lower price/mix, principally due to lower raw material costs; and $102 million in unfavorable foreign currency translation. Tire unit volumes totaled 40.7 million, up 2 percent from the fourth quarter of 2012.

“As industry volumes recover, we continue to see mixed growth rates globally, but there is strong growth in the high-value-added segments we are targeting,” Kramer said. “We remain disciplined in our approach, seeking growth where our brands and value proposition enhance our profitability.”

The company reported record segment operating income of $419 million in the fourth quarter of 2013. This was up 54 percent from the 2012 quarter, reflecting favorable price/mix net of raw materials of $98 million (excluding raw material cost savings), lower unabsorbed overhead of $55 million due to higher production levels and $11 million in higher tire unit volumes, partially offset by $32 million in higher SAG expenses and $24 million in unfavorable foreign currency translation. See the note at the end of this release for further explanation and a segment operating income reconciliation table.

Goodyear’s fourth quarter 2013 net income available to common shareholders was $228 million (84 cents per share), a fourth quarter record and up from breakeven in the 2012 quarter. All per share amounts are diluted.

The 2013 fourth quarter included total charges of $17 million (6 cents per share) due to rationalizations, asset write-offs and accelerated depreciation; and gains of $41 million (15 cents per share) due to income and other discrete tax benefits and $2 million (1 cent per share) from asset sales. All amounts are after taxes and minority interest.

The 2012 fourth quarter included total charges of $85 million (34 cents per share) due to rationalizations, asset write-offs and accelerated depreciation, primarily related to the announced closure of the Amiens North factory in France; $9 million (4 cents per share) due to discrete tax charges; $6 million (2 cents per share) resulting from a strike in South Africa; and $5 million

(2 cents per share) due to charges relating to labor claims with respect to a previously closed facility in Europe; and gains of $6 million (2 cents per share) in insurance recoveries related to flooding in Thailand and $2 million (1 cent per share) from asset sales. All amounts are after taxes and minority interest.

See the table at the end of this release for a list of significant items impacting the 2013 and 2012 quarters.

Full-Year Results

Goodyear’s 2013 annual sales were $19.5 billion, down 7 percent from 2012. Sales reflect $665 million in lower sales in other tire-related businesses, most notably third party chemical sales in North America; $354 million in unfavorable foreign currency translation; $166 million in lower tire unit volumes; and $206 million in lower price/mix. Tire unit volumes totaled 162.3 million, down 1 percent from 2012.

The company’s segment operating income of $1.6 billion was up 27 percent from 2012. Compared to the prior year, 2013 segment operating income reflects favorable price/mix net of raw materials of $436 million (excluding raw material cost savings), which more than offset $52 million in higher unabsorbed overhead costs, $63 million in unfavorable foreign currency translation and $24 million in lower tire volume.

Goodyear’s 2013 net income available to common shareholders of $600 million ($2.28 per share) is up from $183 million (74 cents per share) in 2012. All per share amounts are diluted.

The company generated more than $1 billion of free cash flow from operations, resulting from higher net income and a $415 million benefit from working capital. See the note at the end of this release for further explanation and a free cash flow from operations reconciliation table.

Business Segment Results

North America


                                    Fourth
                                   Quarter        Twelve Months

    (in millions)              2013       2012    2013    2012

    Tire Units                 16.3       15.8    61.7    62.6

    Sales                    $2,131     $2,314  $8,684  $9,666

    Segment Operating Income    199        116     691     514

    Segment Operating Margin    9.3%       5.0%    8.0%    5.3%

North America’s fourth quarter sales decreased 8 percent from 2012 to $2.1 billion. Sales reflect a $170 million decline in sales in other tire-related businesses, most notably third-party chemical sales, and lower price/mix. These were partially offset by the impact of a 3 percent increase in tire unit volumes. Original equipment unit volume was up 7 percent. Replacement tire shipments were up 1 percent.

Fourth quarter segment operating income of $199 million was up 72 percent from the prior year, and a fourth quarter record. Segment operating income was positively impacted by favorable price/mix net of raw materials of $45 million, lower conversion costs of $31 million and increased tire volume of $8 million.

Europe, Middle East and Africa


                                    Fourth
                                   Quarter        Twelve Months

    (in millions)              2013       2012    2013    2012

    Tire Units                 14.4       14.2    60.8    62.7

    Sales                    $1,631     $1,602  $6,567  $6,884

    Segment Operating Income    101         38     298     252

    Segment Operating Margin    6.2%       2.4%    4.5%    3.7%

Europe, Middle East and Africa’s fourth quarter sales increased 2 percent from 2012. Sales reflect a 1 percent increase in tire unit volume and favorable foreign currency translation of $27 million, which was partially offset by lower price/mix. Original equipment unit volume was up 4 percent. Replacement tire shipments were flat.

Fourth quarter 2013 segment operating income of $101 million was $63 million above the prior year. Favorable price/mix net of raw materials of $40 million, lower conversion costs of $27 million, higher tire unit volumes of $4 million and $3 million in favorable foreign currency translation positively impacted segment operating income.

The company has ceased production at its Amiens North plant in France, which produced consumer and farm tires. The facility will close during the first quarter of 2014. The timing of the company’s exit from the Europe, Middle East and Africa farm tire business will be determined later in the year. These actions will result in about $75 million of annual profit improvement, with approximately $40 million expected in 2014.

Latin America


                                  Fourth
                                  Quarter        Twelve Months

    (in millions)            2013        2012    2013    2012

    Tire Units                4.4         4.8    17.9    18.1

    Sales                    $492        $541  $2,063  $2,085

    Segment Operating Income   52          61     283     223

    Segment Operating Margin 10.6%       11.3%   13.7%   10.7%

Latin America’s fourth quarter sales decreased $49 million from the prior year to $492 million. Sales reflect $83 million in unfavorable foreign currency translation. Improved price/mix more than offset an 8 percent decrease in tire unit volume. Original equipment unit volume was down 16 percent, primarily due to reduced vehicle production in Brazil. Replacement tire shipments were down 4 percent, primarily in Venezuela.

Fourth quarter segment operating income of $52 million was down $9 million from 2012. Segment operating income was positively impacted by price/mix improvements of $48 million and lower raw material costs of $12 million. These were more than offset by $28 million in higher SAG expenses, primarily due to marketing activities in support of new product launches and the impact of inflation on wages and other costs; higher conversion costs of $22 million due to the impact of inflation on wages and other costs; $12 million in unfavorable currency translation; and $10 million in lower tire unit volume.

Asia Pacific


                                  Fourth
                                 Quarter        Twelve Months

    (in millions)            2013       2012    2013    2012

    Tire Units                5.6        5.2    21.9    20.6

    Sales                    $537       $588  $2,226  $2,357

    Segment Operating Income   67         57     308     259

    Segment Operating Margin 12.5%       9.7%   13.8%   11.0%

Asia Pacific’s fourth quarter sales decreased 9 percent from 2012 to $537 million. Sales reflect an 8 percent increase in tire unit volume, which was more than offset by reduced price/mix, $39 million in unfavorable foreign currency translation and $7 million in lower sales in other tire-related businesses. Original equipment unit volume was up 6 percent. Replacement tire shipments were up 9 percent.

Fourth quarter segment operating income of $67 million was up 18 percent from 2012. Segment operating income was positively impacted by favorable price/mix net of raw materials of $12 million, lower factory start-up costs of $14 million and $9 million in higher tire unit volumes, which more than offset $14 million in unfavorable foreign currency translation and $4 million in higher SAG expenses.

Outlook

The company reaffirmed its 2014-2016 financial targets, which include:

- Annual segment operating income growth of between 10 percent and 15 percent,

- Annual positive free cash flow from operations and,

- An adjusted debt to EBITDAP ratio of 2.5x.

Additionally, the company continues to expect about a 2 percent to 3 percent increase in unit volumes for 2014 over 2013.

Common Stock Dividend

The company paid a quarterly dividend of 5 cents per share of common stock on December 1, 2013. On January 13, 2014, the Board of Directors also declared a dividend of 5 cents per share payable March 3, 2014, to shareholders of record on January 31, 2014.

Conference Call

Goodyear will hold an investor conference call at 9 a.m. today. Approximately 45 minutes prior to the commencement of the call, the company will post the financial and other related information that will be presented on its investor relations Web site: http://investor.goodyear.com.

Participating in the conference call will be Richard J. Kramer, chairman and chief executive officer, and Laura K. Thompson, executive vice president and chief financial officer.

Investors, members of the media and other interested persons can access the conference call on the Web site or via telephone by calling either (800) 895-1085 or (785) 424-1055 before 8:55 a.m. and providing the Conference ID “Goodyear.” A taped replay will be available by calling (800) 753-4606 or (402) 220-2103. The replay will also remain available on the Web site.

Goodyear is one of the world’s largest tire companies. It employs about 69,000 people and manufactures its products in 52 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate. GT-FN

Certain information contained in this press release may constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, many of which are beyond our control, that affect our operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, expectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: our ability to implement successfully strategic initiatives; actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; a labor strike, work stoppage or other similar event; deteriorating economic conditions or an inability to access capital markets; work stoppages, financial difficulties or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures; our failure to comply with a material covenant in our debt obligations; potential adverse consequences of litigation involving the company; as well as the effects of more general factors such as changes in general market, economic or political conditions or in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.

(financial statements follow)



    The Goodyear Tire & Rubber Company and Subsidiaries

    Consolidated Statements of Operations

                                                   (Unaudited)

                                                      Three
                                                      Months                   Year

                                                      Ended                    Ended

                                                    December
                                                        31,                 December 31,

    (In millions, except per share
     amounts)                                      2013          2012        2013     2012
                                                   ----          ----        ----     ----

    NET SALES                                    $4,791        $5,045     $19,540  $20,992

    Cost of Goods Sold                            3,690         4,100      15,422   17,163

    Selling, Administrative and
     General Expense                                736           707       2,758    2,718

    Rationalizations                                 17           108          58      175

    Interest Expense                                105            87         392      357

    Other (Income) Expense                          (15)           11          97      139
                                                    ---           ---         ---      ---

    Income before Income Taxes                      258            32         813      440

    United States and Foreign
     Taxes                                            2            39         138      203
                                                    ---           ---         ---      ---

    Net Income (Loss)                               256            (7)        675      237

    Less: Minority Shareholders'
     Net Income (Loss)                               21           (14)         46       25
                                                    ---           ---         ---      ---

    Goodyear Net Income                             235             7         629      212

    Less: Preferred  Stock
     Dividends                                        7             7          29       29
                                                    ---           ---         ---      ---

    Goodyear Net Income Available to
       Common Shareholders
                                                   $228   $        --        $600     $183
                                                   ====   ===========        ====     ====

    Goodyear Net Income Available to
       Common Shareholders - Per Share of
       Common Stock

       Basic                                      $0.92   $        --       $2.44    $0.75
                                                  =====   ===========       =====    =====

       Weighted Average Shares
        Outstanding                                 247           245         246      245

       Diluted                                    $0.84  $         --       $2.28    $0.74
                                                  =====  ============       =====    =====

       Weighted Average Shares
        Outstanding                                 280           247         277      247

       Cash Dividends Declared Per
        Common Share                       $         --            --       $0.05       --
                                           ============           ===       =====      ===



    The Goodyear Tire & Rubber Company and Subsidiaries

    Consolidated Balance Sheets

    (In millions, except share data)                                                       December 31,          December 31,

                                                                                                           2013                  2012
                                                                                                           ----                  ----

    Assets:

    Current Assets:

      Cash and Cash Equivalents                                                                          $2,996                $2,281

      Accounts Receivable, less Allowance - $99 ($99 in 2012)                                             2,435                 2,563

      Inventories:

         Raw Materials                                                                                      592                   743

         Work in Process                                                                                    164                   169

         Finished Products                                                                                2,060                 2,338
                                                                                                          -----                 -----

                                                                                                          2,816                 3,250

      Prepaid Expenses and Other Current Assets                                                             397                   404
                                                                                                            ---                   ---

         Total Current Assets                                                                             8,644                 8,498

    Goodwill                                                                                                668                   664

    Intangible Assets                                                                                       138                   140

    Deferred Income Taxes                                                                                   157                   186

    Other Assets                                                                                            600                   529

    Property, Plant and Equipment                                                                         7,320                 6,956

      less Accumulated Depreciation - $9,158 ($8,991 in 2012)

        Total Assets                                                                                    $17,527               $16,973
                                                                                                        =======               =======

    Liabilities:

    Current Liabilities:

      Accounts Payable-Trade                                                                             $3,097                $3,223

      Compensation and Benefits                                                                             758                   719

      Other Current Liabilities                                                                           1,083                 1,182

      Notes Payable and Overdrafts                                                                           14                   102

      Long Term Debt and Capital Leases due Within One Year                                                  73                    96
                                                                                                            ---                   ---

        Total Current Liabilities                                                                         5,025                 5,322

    Long Term Debt and Capital Leases                                                                     6,162                 4,888

    Compensation and Benefits                                                                             2,673                 4,340

    Deferred and Other Noncurrent Income Taxes                                                              256                   264

    Other Long Term Liabilities                                                                             966                 1,000
                                                                                                            ---                 -----

        Total Liabilities                                                                                15,082                15,814

    Commitments and Contingent Liabilities

    Minority Shareholders' Equity                                                                           577                   534

    Shareholders' Equity:

    Goodyear Shareholders' Equity:

    Preferred Stock, no par value:

    Authorized, 50 million shares, Outstanding shares - 10 million (10 million in 2012),                    500                   500

    liquidation preference $50 per share

    Common Stock, no par value:

    Authorized, 450 million shares, Outstanding shares - 248 million (245 million in 2012)                  248                   245

    after deducting 3 million treasury shares (6 million in 2012)

    Capital Surplus                                                                                       2,847                 2,815

    Retained Earnings                                                                                     1,958                 1,370

    Accumulated Other Comprehensive Loss                                                                 (3,947)               (4,560)
                                                                                                         ------                ------

       Goodyear Shareholders' Equity                                                                      1,606                   370

    Minority Shareholders' Equity - Nonredeemable                                                           262                   255
                                                                                                            ---                   ---

       Total Shareholders' Equity                                                                         1,868                   625
                                                                                                          -----                   ---

       Total Liabilities and Shareholders' Equity                                                       $17,527               $16,973
                                                                                                        =======               =======


    The Goodyear Tire & Rubber Company and Subsidiaries

    Consolidated Statements of Cash Flows

    (In millions)                        Year Ended

                                        December 31,

                                          2013      2012

    Cash Flows from Operating Activities:

    Net Income                            $675      $237

      Adjustments to reconcile net income to cash
       flows from operating activities:

         Depreciation and
          amortization                     722       687

         Amortization and write-off
          of debt issuance costs            18        67

         Net rationalization charges        58       175

         Rationalization payments          (72)     (106)

         Net gains on asset sales           (8)      (25)

         Pension contributions and
          direct payments               (1,162)     (684)

         Venezuela currency
          devaluation                      115        --

         Customer prepayments and
          government grants                 44       131

         Insurance proceeds                 17        50

      Changes in operating assets and liabilities,
       net of asset acquisitions and dispositions:

         Accounts receivable                79       291

         Inventories                       366       619

         Accounts payable -trade           (30)     (453)

         Compensation and benefits         243       260

         Other current liabilities         (28)      (24)

         Other assets and
          liabilities                      (99)     (187)
                                           ---      ----

         Total Cash Flows from
          Operating Activities             938     1,038

    Cash Flows from Investing Activities:

      Capital expenditures              (1,168)   (1,127)

      Asset dispositions                    25        16

      Government grants received             9         2

      Decrease in restricted cash           14        11

      Short term securities
       acquired                           (105)      (57)

      Short term securities
       redeemed                             89        28

      Other transactions                    --         4
                                           ---       ---

         Total Cash Flows from
          Investing Activities          (1,136)   (1,123)

    Cash Flows from Financing Activities:

      Short term debt and
       overdrafts incurred                  31        77

      Short term debt and
       overdrafts paid                    (120)     (156)

      Long term debt incurred            1,913     3,531

      Long term debt paid                 (681)   (3,717)

      Common stock issued                   22         3

      Common stock dividends paid          (12)       --

      Preferred stock dividends
       paid                                (29)      (29)

      Transactions with minority
       interests in subsidiaries           (26)      (71)

      Debt related costs and
       other transactions                  (16)      (64)
                                           ---       ---

         Total Cash Flows from
          Financing Activities           1,082      (426)

    Effect of exchange rate
     changes on cash and cash
     equivalents                          (169)       20
                                          ----       ---

    Net Change in Cash and Cash
     Equivalents                           715      (491)

    Cash and Cash Equivalents
     at Beginning of the Period          2,281     2,772
                                         -----     -----

    Cash and Cash Equivalents
     at End of the Period               $2,996    $2,281
                                        ======    ======

Non-GAAP Financial Measures

This earnings release presents total segment operating income and free cash flow from operations, on a historical basis, which are important financial measures for the company but are not financial measures defined by U.S. GAAP, and should not be construed as an alternative to corresponding financial measures presented in accordance with U.S. GAAP.

Total segment operating income is the sum of the individual strategic business units’ (SBUs) segment operating income as determined in accordance with U.S. GAAP. Management believes that total segment operating income is useful because it represents the aggregate value of income created by the company’s SBUs and excludes items not directly related to the SBUs for performance evaluation purposes.

Free cash flow from operations is the company’s cash flow from operations as determined in accordance with U.S. GAAP before pension contributions and direct payments and rationalization payments, less capital expenditures. Management believes that free cash flow from operations is useful because it represents the cash generating capability of the company’s ongoing operations, after taking into consideration capital expenditures necessary to maintain its business and pursue growth opportunities.

This earnings release also contains our targeted total segment operating income growth rate for 2014-2016 and our targeted ratio of Adjusted Debt to EBITDAP for 2016. Forward-looking total segment operating income and the ratio of Adjusted Debt to EBITDAP are important financial measures for the company but are not financial measures defined by U.S. GAAP, and should not be construed as an alternative to corresponding financial measures presented in accordance with U.S. GAAP.

Adjusted Debt is the sum of our total debt and our global pension liability, each as determined in accordance with U.S. GAAP, and EBITDAP, as adjusted, represents net income (the most directly comparable GAAP financial measure) before interest expense, income tax expense, depreciation and amortization expense, net periodic pension cost, rationalization charges and other (income) and expense. We refer to the ratio of Adjusted Debt to EBITDAP because we believe it is widely used by investors as a means of evaluating a company’s leverage. It should be noted that companies may calculate the components of this ratio differently; as a result, the ratio of Adjusted Debt to EBITDAP as presented herein may not be comparable to similarly-titled measures reported by other companies.

We are unable to present a quantitative reconciliation of our forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measures, because management cannot reliably predict all of the necessary components of those GAAP financial measures without unreasonable effort. These components could be significant to the calculation of those GAAP financial measures in the future.

See the tables below for reconciliations of historical total segment operating income and free cash flow from operations to the most directly comparable GAAP measures.

Total Segment Operating Income Reconciliation Table


                                             Three Months          Twelve
                                                                 Months

                                                 Ended             Ended

                                             December 31,      December 31,

    (In millions)                            2013    2012    2013    2012
                                             ----    ----    ----    ----

    Segment Operating Income                 $419    $272  $1,580  $1,248

      Rationalizations                         17     108      58     175

      Interest expense                        105      87     392     357

      Other (income) expense                  (15)     11      97     139

      Asset write-offs and accelerated
       depreciation                             8       1      23      20

      Corporate incentive compensation plans   29      22     108      69

      Corporate pension curtailments/
       settlements                             --      12      --       1

      Intercompany profit elimination          (9)     (1)     (4)     (1)

      Retained expenses of divested
       operations                              (7)      2      24      14

      Other                                    19      (2)     69      34
                                              ---     ---     ---     ---

    Income before Income Taxes               $258     $32    $813    $440
                                             ====     ===    ====    ====

Free Cash Flow from Operations Reconciliation Table


                                                 Year Ended              Year Ended

    (in millions)                                Dec. 31, 2013         Dec. 31, 2012
                                                 -------------         -------------

    Net Income                                                   $675                  $237

       Depreciation and Amortization                              722                   687

       Working Capital (1)                                        415                   457

       Pension Expense (2)                                        285                   307

       Other (3)                                                   75                   140

       Capital Expenditures                                    (1,168)               (1,127)
                                                               ------                ------

    Free Cash Flow from Operations (non-GAAP)                   1,004                   701
                                                                =====                   ===

       Capital Expenditures                                     1,168                 1,127

       Pension Contributions and Direct Payments               (1,162)                 (684)

       Rationalization Payments                                   (72)                 (106)
                                                                  ---                  ----

    Cash Flow from Operating Activities (GAAP)                   $938                $1,038
                                                                 ====                ======


    Amounts are calculated
     from the consolidated
     Statements of Cash Flows
     except for pension
     expense, which is as
     reported in the Notes to
     Consolidated Financial
     Statements.

    (1) Working Capital
     represents total changes
     in accounts receivable,
     inventories and accounts
     payable - trade.

    (2) Pension expense is the
     net periodic cost (before
     curtailments, settlements
     and termination benefits)
     as reported in the
     pension-related note in
     the Notes to Consolidated
     Financial Statements.

    (3) Other includes
     amortization and write-
     off of debt issuance
     costs, net
     rationalization charges,
     net losses (gains) on
     asset sales, Venezuela
     currency devaluation,
     customer prepayments and
     government grants,
     insurance proceeds,
     compensation and benefits
     less pension expense,
     other current
     liabilities, and other
     assets and liabilities.

Fourth Quarter Significant Items (after tax and minority interest)

2013

    --  Rationalizations, asset write-offs and accelerated depreciation, $17
        million (6 cents per share)
    --  Income and other discrete tax benefits, $41 million (15 cents per share)
    --  Gains from asset sales, $2 million (1 cent per share)

2012

    --  Rationalizations, asset write-offs and accelerated depreciation, $85
        million (34 cents per share)
    --  Discrete tax charges, $9 million (4 cents per share)
    --  Loss resulting from a strike in South Africa, $6 million (2 cents per
        share)

    --  Charges relating to labor claims with respect to a previously closed
        facility in Europe, $5 million (2 cents per share)
    --  Insurance recoveries related to flooding in Thailand, $6 million (2
        cents per share)
    --  Gains from asset sales, $2 million (1 cent per share)

SOURCE The Goodyear Tire & Rubber Company


Source: PR Newswire



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