Full-Time
Global tire manufacturer and distributor
No salary listed
Hyderabad, Telangana, India
In Person
On-site role based in Hyderabad.
Bachelor's
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Goodyear Tire & Rubber Company manufactures and distributes tires for cars, trucks, and airplanes, operating globally with a strong focus in North America and Europe. Its products include consumer tires, industrial tires, and related services, and are built to meet various vehicle needs through different tire compounds, tread designs, and sizes. The company differentiates itself through its scale, global footprint, and a focused transformation plan called Goodyear Forward, which aims to optimize the portfolio, improve competitive position, streamline operations, reduce debt, and expand margins. It is also strengthening its brand portfolio and increasing market coverage in Europe, with added emphasis on the consumer tire segment to better serve evolving customer requirements. The goal is to deliver reliable mobility solutions for customers, grow its market presence, and achieve sustainable margin expansion through operational and financial optimization.
Company Size
10,001+
Company Stage
IPO
Headquarters
Akron, Ohio
Founded
1898
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Company Match
Paid Vacation
Paid Holidays
Short Term and Long-Term Disability Insurance
Flexible Work Hours
Goodyear reported Q2 2026 results, beating revenue expectations with $4.25 billion in sales, though this represented a 4.8% year-on-year decline. The company posted a non-GAAP loss of $0.61 per share, slightly better than analyst estimates of $0.63 per share. Operating margin fell to negative 1.2%, down from 0.2% in the same quarter last year. CEO Mark Stewart attributed the results to persistent weakness in the Americas, particularly in consumer replacement tyres, though he noted that channel destocking had moderated. Management highlighted margin compression driven by lower volumes, unfavourable fixed cost absorption, inflation, and tariff costs. The company is pursuing portfolio realignment towards higher-value segments and continuing plant closures as part of its cost-reduction strategy.
Goodyear reports lower Q2 sales as volumes decline despite stronger OE market share. Goodyear Tire & Rubber Company reported lower second-quarter 2026 sales and earnings as weaker tyre volumes, higher tariffs and inflation weighed on performance, although the company said market conditions showed signs of stabilising and original equipment (OE) market share improved across all regions. Net sales fell 4.8 percent year on year to USD 4.3 billion, while tyre unit volume declined 4.0 percent to 36.5 million units. On an organic basis, sales were down 1.4 percent, primarily due to lower volumes. The company said the decline improved from the 12 percent year-on-year volume drop recorded in the first quarter as destocking pressures eased. Goodyear reported a net loss of USD 204m, compared with net income of USD 254 million, in the same period last year. Adjusted net loss widened to USD 177 million, from USD 48 million a year earlier. Segment operating income declined to USD 36 million from USD 159 million in the second quarter of 2025. Excluding the impact of divestments, operating income fell by USD 79 million, reflecting lower volumes, higher tariffs and other costs, and inflation. These factors were partly offset by favourable price and product mix relative to raw material costs, together with USD 95 million of benefits from the company's Goodyear Forward programme. "We delivered second quarter results in line with our expectations, reflecting continued improvement in Asia Pacific and EMEA," said Mark Stewart, Chief Executive Officer and President. "We're taking actions to improve performance in a competitive environment by strengthening our product lineup, building on original equipment growth across regions, and optimising our manufacturing footprint. These actions are designed to strengthen our competitive position and deliver stronger profitability over time." In the Americas, second-quarter sales declined 10.5 percent to USD 2.4 billion, while tyre unit volume fell 8.7 percent. Replacement volumes dropped 13.0 percent, although OE volumes increased 8.7 percent as the company gained market share. The Americas business reported a segment operating loss of USD 10 million, compared with operating income of USD 141 million a year earlier. The company said its planned closure of the Fayetteville, North Carolina facility is expected to improve Americas segment operating income by about USD 90 million in 2027 and approximately USD 270 million annually from 2028 as part of its manufacturing footprint optimisation strategy. In Europe, Middle East and Africa (EMEA), sales increased 2.1 percent to USD 1.4 billion, supported by favourable pricing, product mix and currency, despite lower tyre volumes. Segment operating loss improved to USD 17 million from USD 25 million in the previous year. The Asia Pacific business delivered the strongest regional performance, with sales rising 8.1 percent to USD 496 million and tyre unit volume increasing 5.3 percent. Segment operating income rose to USD 63 million, up from USD 43 million a year earlier, supported by stronger demand, favourable price and mix, and benefits from the Goodyear Forward programme.
Goodyear reported Q2 CY2026 results that beat Wall Street's revenue expectations, though sales fell 4.8% year on year to $4.25 billion. The global tyre manufacturer posted a non-GAAP loss of $0.61 per share, slightly better than analysts' consensus estimates of a $0.63 loss. The company's operating margin held steady at 0.8%, in line with the same quarter last year. Free cash flow improved significantly to $893 million, up from negative $387 million in the prior-year quarter. Over the past five years, Goodyear has experienced sluggish growth, with revenue increasing just 3.9% annually. Looking ahead, analysts expect revenue to grow 1.8% over the next 12 months, though this remains below the sector average.
Goodyear reported second quarter 2026 net sales of $4.3 billion, down 4.8% year-over-year. Tire unit volume decreased 4.0% to 36.5 million units, improving from a 12% decline in the first quarter as market conditions stabilised. The company posted a net loss of $204 million, or $0.71 per share, compared to net income of $254 million a year earlier. Adjusted net loss was $177 million. Segment operating income totalled $36 million, down from $159 million in the prior year. Goodyear's Forward initiative delivered $95 million in benefits. The company announced plans to close its Fayetteville, North Carolina facility, expecting approximately $270 million in annual savings by 2028. Original equipment volumes and market share grew across consumer and commercial segments in each region.
Goodyear opens Motor City Garage retail concept. Akron, OH - Just in time for the 2026 Woodward Dream Cruise, Goodyear is opening its Goodyear Motor City Garage, its first retail concept store in Detroit. Two Goodyear Blimps will also take to the skies over the Motor City that weekend - the first double-blimp appearance in Detroit in nearly two decades - offering a bird's-eye view of one of the world's largest automotive events, featuring more than 40,000 classic and custom cars and 1.5 million-plus enthusiasts. The Goodyear Motor City Garage will be open to the public during Dream Cruise weekend on Saturday, Aug. 15, at 8 a.m. Located at 3075 East Grand Blvd. in Detroit, this special Goodyear Auto Service Center showcases the company's products, technology and heritage and gives a look at the vision for the future of vehicle care. "Some of the best vehicles in the world have been laying down Goodyear rubber in Detroit since Henry Ford put them on his 999 race car in 1901. From track to tarmac to trail, Goodyear makes tires worth bragging about, and we'll be doing just that during the Woodward Dream Cruise," said Goodyear CEO Mark Stewart. "Whether you're an enthusiast looking for ultra-high performance or just need help picking the best tires to get your SUV through the school pick-up line, we're looking to show you how easy Goodyear can make vehicle care. Detroit's car culture makes it the perfect place to showcase our new retail concept alongside our Mobile Garage service that can install tires and service your vehicle right in your driveway." In addition to the double-blimp appearance, Goodyear will fly a new generation of remote-controlled mini blimps during Dream Cruise festivities. Additional event details, activations, blimp viewing opportunities and schedules will be announced closer to the event on Goodyear's social media channels. The Goodyear Motor City Garage offers tires and service in an enthusiast environment Inspired by destination concepts such as a Starbucks Reserve Roastery or a Nike House of Innovation, the Goodyear Motor City Garage is more than a traditional tire and service location. The space is designed as a gathering spot where enthusiasts can connect with car culture, explore the latest tire technology and engage with Goodyear in a new way. Guests can visit the Goodyear Motor City Garage for the same expert service available at other Goodyear Auto Service locations, including: Tire sales and installation Oil changes Alignments Brake service Battery replacement Free vehicle inspections Preventive maintenance As a tribute to the city that helped shape American car culture, the Goodyear Motor City Garage will showcase a custom, one-of-a-kind Detroit-themed Eagle racing tire. This tire is laser-carved with a love letter to Detroit that celebrates the city's automotive heritage and Goodyear's longstanding connection to the Motor City and its auto enthusiasts. The letter concludes with "We might be from Akron, but we grew up here. Still. Always. Forever." Goodyear displays historic vehicles during Dream Cruise weekend At the Goodyear Motor City Garage during Woodward Dream Cruise weekend, Goodyear will display the famous 1973 Ford Mustang convertible from the opening sequence of "The Mary Tyler Moore Show," courtesy of the Ford Motor Company Heritage Collection. The vehicle is equipped with Goodyear Performance Series F70/14 custom wide-tread tires with raised white letters, a factory-accurate recreation of the original equipment specification. The tires deliver unmistakable vintage performance and period-correct muscle-car presence. Also on display from the General Motors Heritage Center and Archive is the 1977 Pontiac Firebird Trans Am W72 "Bandit." This black-and-gold special edition was inspired by the movie, "Smokey and the Bandit," starring Sally Field and Burt Reynolds. This Trans Am originally was outfitted with Goodyear GR70/15 GM Custom Tread tires. Additional vehicle displays and featured automotive attractions will be announced closer to the event. Goodyear is transforming for today's driver Goodyear has been transforming its business to meet the needs of a rapidly changing automotive landscape. That transformation includes a revamped consumer portfolio with approximately 1,500 new products planned for launch in 2026, a focus on higher-performance and larger rim-size tires, continued investment in manufacturing and modernization efforts across both the Goodyear and Cooper brands. With its global headquarters in Akron, Ohio, Goodyear stands apart as the only major tire manufacturer headquartered in the United States and is focused on becoming the first choice for tires and service. By becoming more consumer-focused, digitally connected and retail-driven, the company is strengthening its position in the premium tire market while making tire buying and automotive services more seamless. The Goodyear Motor City Garage concept store is a real-world example of that vision