Essay About U.S. Passenger Tire Market And Market Share

Goodyear
Goodyear
пїЅGoodyear: The Aquatred LaunchпїЅ
Submitted by lyky1110 on January 28, 2007
Category: Business
Words: 1239 | Pages: 5
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Case Title:
Authors: John A. Quelch and Bruce Isaacson
Publication: McGraw-Hill
Key Issues:
пїЅ How can Goodyear be more competitive and maintain its leader position?
пїЅ How to launch Aquatred effectively?
Factors that should be taken into consideration:
пїЅ Intense competition
Although Goodyear was the leader in U.S. passenger tire market with 15% market share, the company still had to be very careful in all things done because the competition was so intense. There were so many players in the industry, both branded and private label. Although, each of them had less than 10% of market share, the second in rank, Michelin, was growing very fast in both replacement and OEM market. Also, the private label had become the biggest threat for all branded tires since many branded tire owners intended to replace their tires with private label.