International News:Goodyear Signs Brazil Belt Agreement

From: Autoparts Report | Date: June 16, 1997 | Copyright information

Goodyear Brazil announced that it has signed a distribution agreement with a subsidiary of Japan's NGK/NTK Spark Plug Co. Ltd. to sell Goodyear automotive belts through its 60-distributor Brazilian network. NGK do Brasil said it expects to sell about 60,000 replacement belts per month by the end of the year.

Wladimir Saprudsky, Goodyear's Engineered Products Division managing director for Latin America, called the agreement "very significant, because it brings together two ...