Goodyear Recognized by Fortune as World's Most Admired Tiremaker

- Most-admired tiremaker for five straight years

- Tops key global tire competitors in innovation and quality

- Most-admired U.S.-based company in Motor Vehicle Parts category

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Feb 17, 2017, 10:18 ET

AKRON, Ohio, Feb. 17, 2017 /PRNewswire/ -- Goodyear (NASDAQ: GT), for the fifth year in a row, has been recognized as the world's most admired tiremaker by Fortune magazine.

Among companies in Fortune's World's Most Admired Companies' Motor Vehicle Parts category, Goodyear was also the No. 1 ranked U.S.-based company and ranked No. 2 overall.

In the Motor Vehicle Parts category, Goodyear was ranked No. 2 in six of the nine key attributes measured, and No. 3 in three others.

Goodyear finished ahead of its key global tire competitors in overall score and in seven of the nine categories.

Started in 1983, the Fortune Most Admired list is considered "the definitive report card on corporate reputations." It uses a rigorous assessment by 3,800 executives, board directors and securities analysts to determine a company's overall reputation by evaluating innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product/service quality and global competitiveness.

The full list, with all categories, and related stories appear in the March issue of Fortune, which goes on sale Monday, March 20, and online at fortune.com/worlds-most-admired-companies/. Published since 1930, Fortune is one of the world's leading business magazines.

Goodyear is one of the world's largest tire companies. It employs about 66,000 people and manufactures its products in 48 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate/.

SOURCE The Goodyear Tire & Rubber Company