Tyre maker Goodyear has notched up record sales in its second quarter.

The Akron-based company, which has scaled back production in Wolverhampton, said that net income during the period came in at $69 million (#38 million), while sales rose ten per cent to $5 billion (#2.8 billion).

"Five of our businesses had record second quarter sales, and margins improved in our North American and European Union tyre businesses," said

Robert Keegan, Goodyear chairman and chief executive.

"This success is further evidence that our strategies are working and that our unwavering focus on key products, customers and markets is paying off. We continue to gain share in targeted markets."