AKRON—Fortune magazine has recognized Goodyear as the world's most admired tire maker for the fourth year in a row.
Among companies that made Fortune's list of the World's Most Admired Companies' Motor Vehicle Parts category, Goodyear also was the highest ranked U.S.-based company and ranked third overall. In the category, the Akron-based tire maker ranked third in five of nine key attributes measured and fourth in three others, the company said.
Begun in 1983, Fortune's Most Admired list serves as a “report card on corporate reputations,” the magazine said, using a rigorous assessment by nearly 4,000 executives, board directors and securities analysts to determine a firm's overall reputation.
Areas of evaluation include innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product/service quality and global competitiveness.
Goodyear said it led its key global tire competitors “by a wide margin” in both the overall rankings and each of the nine attributes. Michelin and Continental A.G. were ranked fifth and eighth, respectively, in the Motor Vehicle Parts category; Bosch Group was the top-ranked company in the category.
The full list of companies can be found online by clicking here.