Goodyear profit jumps 51 pct as strong U.S. auto sales boost tire demand

Reuters

Oct 29 (Reuters) - Goodyear Tire & Rubber Co, thebiggest U.S. tire maker, reported a 51 percent rise in quarterlyprofit as demand for its tires rose due to strong U.S. vehiclesales.

Net income available to common shareholders rose to $166million, or 62 cents per share, in the third quarter ended Sept.30 from $110 million, or 41 cents per share, a year earlier.

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