Goodyear Thailand Celebrates 50th Year of Success

Automotive Press Releases Wednesday May 2, 2018 16:08
Bangkok--2 May--Goodyear (Thailand) Public
Maintains Steady Growth in its Strong Dealer Network and Continued Investment in its Aviation Radial Tire Facility

Caption: Goodyear (Thailand) Public Company Limited (GYT: SET), held the Fiftieth (50th) Annual Ordinary General Meeting of the Shareholders in Bangkok. Among the board members joining the meeting were Dr. Dhiraphorn Srifuengfung (5th from left), Chairman of the Board; and Mr. Finbarr O'Connor (4th from left), Goodyear Thailand's Managing Director.

Goodyear (Thailand) Public Company Limited recently holds its Fiftieth (50th) Annual Ordinary General Meeting of the Shareholders in Bangkok. Mr. Finbarr O'Connor, Goodyear Thailand's Managing Director, presented an overview of the key growth-oriented business highlights for 2017 and expressed confidence in achieving continuous success in 2018.

"2017 was a year highlighted by several macroeconomic challenges that we were able to navigate through with a steady business supported by engaged and dedicated employees, a strong dealer network while our aviation expansion investment remains firmly on track," said O'Connor. "We have proudly entered our fiftieth year of manufacturing in Thailand and are prepared for the increasingly competitive domestic market and are better equipped to grow our OE business, maintain strong Consumer Exports as well as delivering on our revenue commitment from new aviation radial tires."

Over recent years, Goodyear had continued to expand its Goodyear Autocare distribution network across Thailand with this growth set to continue in 2018.

"Building our branded dealer network has been a major initiative over the past five years and today we have a strong base for the future. Combined with expansion in Modern Trade, New Car Showrooms and the Multi Brand Store Channel, we continue to build a solid route-to-market for Goodyear across Thailand," said O'Connor.

The new aviation plant truly supports Goodyear business strategy of delivering sustainable revenue and profitable growth while meeting the rapidly accelerating demand especially in the Asia Pacific region for these technologically advanced tires.

Latest Press Release

Mitsubishi Motors Thailand Outperforms Market in Q1 2018

Mitsubishi Motors (Thailand) Co., Ltd. continued with its growth momentum in the first quarter of 2018, recording a year-to-date (YTD) sales of 20,696 vehicles. This represents a year-on-year (YoY) growth of 22.2 percent compared with the same period...

Mitsubishi Motors Reports full-year Financial Results for FY2017 and Issues FY2018 Guidance

Mitsubishi Motors Corporation (MMC) recently announced full-year financial results for Fiscal Year 2017 ended March 31, 2018, and issued its initial forecast for Fiscal Year 2018 ended March 31, 2019. Osamu Masuko, Chief Executive Officer of Mitsubishi...

Goodyear Presents New Tire Technology Designed to Advance the Performance of Electric Vehicles

Goodyear offered a sneak peek during the 2018 Geneva International Motor Show of its EfficientGrip Performance with Electric Drive Technology, a prototype tire for the growing electric vehicle market that will be on the road by 2019 in Europe. Goodyear...

Growth of New Energy Vehicles Puts Demand for Aluminium Alloy on Fast Track, Aluminium China 2018 in Shanghai, from 11-13 July

The growing use of lightweight materials for the new energy vehicles is driving demand for aluminium alloy in China and around the world. At the last Auto China show alone, leading brands showcased 174 new energy models and it is predicted by 2020, the...

Mitsubishi Motors Flies Happy Fans to Japan

Mr. Morikazu Chokki, President and CEO, Mitsubishi Motors (Thailand) Co., Ltd. (5th from Right) congratulated and handed the grand prize to 5 lucky Mitsubishi car owners. Each won an exclusive package for 2 to Japan worth THB200,000 from Mitsubishi Happy...

Related Topics