[vincesanity82]

If Goodyear were to leave NASCAR, the executive director of Firestone Racing says his company would be interested. Goodyear is NASCAR's exclusive supplier through 2012. "There's a lot of people in our organization that would love to be running NASCAR," Firestone's Al Speyer says. "Our engineers can do a very good job there." Although Firestone has been the exclusive supplier of Indy car racing for several years, stock cars are part of its history. Speyer says the company won many races in NASCAR's first decade (1948-5 before leaving the sport in the late 1960s. -- USA Today



Notes: Sauter gets second chance, will replace Mayfield - USATODAY.com

[Lefturn]

I don't know anything about the tires the cars run on. But I wonder what the COT would race like on Hoosier's or Firestones.

[Fireball]

Firestone is really a Japanese corporation and is owned by Bridgestone . Bridgestone purchased Firestone in 1988. So, this would be fitting since we have Toyota (a foreign auto make) in the lineup now, to have Firestone tires on NASCAR cars.

Whether it is Firestone, Hoosiers, or any other brand, tire composition will determine how good the tires stick to the pavement. It's just the real good ones don't last very long.

[vincesanity82]

Originally Posted by Fireball

Firestone is really a Japanese corporation and is owned by Bridgestone . Bridgestone purchased Firestone in 1988. So, this would be fitting since we have Toyota (a foreign auto make) in the lineup now, to have Firestone tires on NASCAR cars.

Whether it is Firestone, Hoosiers, or any other brand, tire composition will determine how good the tires stick to the pavement. It's just the real good ones don't last very long.

Firestone is still american made even though bridgestone owns it...

[Fireball]

Originally Posted by vincesanity82

Firestone is still american made even though bridgestone owns it...

But, the profits go to Bridgestone in Japan.

[WestCoast]

Originally Posted by Fireball

But, the profits go to Bridgestone in Japan.

World's Top 3:

1- Michelin > France
2- Bridgestone/Firestone > Japan
3- Goodyear > USA

All 3 are publicly traded, so anyone can be an owner.

[LSC9901]

Originally Posted by Fireball

But, the profits go to Bridgestone in Japan.

And then they send a good portion of it back to the US in the form of paychecks for its American employees.

[Souporscotty]

Originally Posted by LSC9901

And then they send a good portion of it back to the US in the form of paychecks for its American employees.

Nope. Profits come AFTER employees are paid, factories built, supplies, equipment etc are bought. AFTER all that is done, then there are profits. And they go to Japan.

[LSC9901]

Originally Posted by Souporscotty

Nope. Profits come AFTER employees are paid, factories built, supplies, equipment etc are bought. AFTER all that is done, then there are profits. And they go to Japan.

Not 100% true. There are many shareholders worldwide. That is a portion of the profits of which you speak.

[LSC9901]

Average profit is listed at about 5%. Nothing to sneeze at but I don't know for sure if that is at the point of sale or what actually makes it into the companies coffers.

[Bob Tanner]

Tires made by American-owned companies:
Cooper, Goodyear and Kelly Springfield

Tires made by Foreign concerns:
Alliance...Israel
Armstrong...Italy
BFGoodrich...France
Bridgestone...Japan
Continental...Germany
Dunlop...Japan
Firestone...Japan
General/Gencorp... Germany
Michelin...France
Mohawk...Japan
Pirelli...Italy
Uniroyal...France

A study by our Labour Department back in 1991 showed that more than half a million jobs had been lost due to what they termed "Transplant" manufacturers. One-third of all foreign autos sold in the US are transplants and NOT counted as imports. (This figure is probably closer to 80% today)

So, American workers get paychecks because of the transplants, right? Here's a side you don't hear too often:

"Transplants" cost less to produce - up to $700 per car (1991 values) - because of tax breaks and subsidies offered to foreign manufacturers but not to American manufacturers. Those subsidies are paid for by state and federal taxes (read: You and I).

On just general principle, I vote we keep Goodyear.

[Souporscotty]

Thank you Robert

[Bob Tanner]

Originally Posted by Souporscotty

Thank you Robert

Sometime remind me to give you the details of the sweetheart deal the State of Alabama, supposedly representing the best interest of the people of the state, gave to Mercedes Benz for letting them to put a factory in Vance, AL.

I'm not a business guru, nor do I have an MBA or more than a slightly above average of economics. However, even I could make money if I were allowed to open a business and got the residual remuneration, decades worth of tax abatements, free training for my employees and much more.

True, a lot of good people are getting weekly paychecks but, when yopu address the bottom line, Mercedes-Benz isn't paying them; the people of Alabama are!

[mancheer12]

thats a joke goodyear is here to stay

[LSC9901]

Originally Posted by mancheer12

thats a joke goodyear is here to stay

Sure they are ... at least until the contract expires.