Goodyear Tire CEO says company has enough supply to blunt looming rubber shortage

By Tyler Clifford10 days ago

Key Points

  • The auto industry, hobbled by a shortage in semiconductor chips, could face a headache in a low supply of tires due to a possible rubber shortage.
  • Goodyear Tire & Rubber CEO Rich Kramer told CNBC's Jim Cramer the company has enough material in hand to avoid a negative impact on business.
  • I can never say never about something that could happen to southeast Asian rubber trees, but that's really not been a problem for us, and the team's been managing it brilliantly, he said.

In this article

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Goodyear Tire & Rubber CEO Rich Kramer told CNBC Tuesday that he doesn't expect a looming shortage in rubber to hurt the tire manufacturer.

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