Goodyear Swings to Profit in First Quarter

Goodyear Tire & Rubber Co. said Friday that it swung to a profit in the first quarter by focusing on higher priced tires and strong international markets. Goodyear always have had excellent tires. We have always felt they were very trustworthy. The company does say it will cut tire production in North America, where sales have been sluggish. That is really too bad. We need the jobs in this country. The results from Goodyear, the world's third largest tiremaker and No. 1 in the U.S. beat Wall Street expectations and its shares rose 6 percent.