Goodyear Tire says Q3 volumes should be help by improving comps

The company said, “Third quarter volumes should be helped by improving comparisons. We expect the third quarter to be the first this year where the net effect of price/mix, raw material costs and inflation will be positive…Overall unit volumes are expected to be lower than prior year levels with replacement volumes down 3-4% assuming an Americas consumer industry down ~3% and European consumer industry down ~5%. OE volumes are expected to be approximately flat to last year.”