We joining $XXX income the Thanks second for show Great. the momentum up year. today. million Thank last established that the you, operating on of the for results previous of us building we we half segment million Nick. everyone. morning, from earlier quarter, year. we're good The $XXX reported today And delivered in
results, nearly not higher industry to disruption expected has the demand though pandemic, was first our yet While surpass of year's fully segment than XX% quarter we even income operating XXXX level last from the given recovered.
to improved distribution of in ongoing OE In our our more We recovery. significantly we And generated the continue capturing efficiency of value and reflect allowing the in gains. the replacement for commitment U.S. see share material outperformed These possible leveraging segment, pandemic. structural us results to gains the company new in inflation. despite results resulted China. the from the products, delivered improved continued in the By strong recovering to Our and the finally, cost again share industry products, which we raw business position the impact continue consumer way reduced and Europe we costs in for our associates U.S., these pipeline, Europe. while best OE benefiting manufacturing
half we the particularly we than in exceeded we XXXX has March nearly Conditions traveled As faster demand that and We're consumer look done returned our U.S. levels Vehicle sellout strong seeing so across levels. pandemic. encouraged global trends. data second recovery manufacturers much new conditions indicate strong are dealers for vehicle dynamics cautiously with industries and were consumer-led GDP to to which emerging These inventories, forecast, signals, favorable low replenish sales. improving are and coupled a and replacement, by the in where momentum healthy other levels the during pre-pandemic markets, demand from need miles see and ahead. to also are where we're These managed an robust anticipated. demand market
a persist. to tight shortages OE affected is quarter, in situation know, expect we the part by the has This supply of been semiconductors. you As first production particularly
constructive. tires. will needed premium likely constrained, Goodyear, capacity replacement to OE For Equally remains redirect alongside to the OE supply/demand production extent have production to improves industry as so, demand, dynamic much opportunity remain the sustained the our replacement we
U.S. customer we growth volume in grew each coming the excellent the with distribution premium in first channels greater performing quarter, trends quarters. consumer replacement, the to popularity to unit are well, momentum in resonating. to more early during replacement by strong our our itself Americas, coverage. with mobile for volume also the grew segments than evident growth new traffic customer-facing traffic The Walmart's the XX% driven performance Centers performance different these rates continues businesses, growth up with And volume that's contributed Auto Goodyear and goodyear.com nowhere than of in scores While business stages, for phase. our growth market increased far margin improving than of is pleased choose Higher U.S. installation the from high in fueling performance. strong especially expect e-commerce easier These conversion Care is outpacing X%, and e-commerce In significantly quarter. other the I'm share and market market, more the industry. volume perhaps are in volume double-digits. evident more where business With benefit even improved these continue strong and to customers at of with the which contributed triple-digit at consumers in which Making a the was satisfaction and strong our it recovering particularly to XX%, mobile an our to the challenges, impressive we dynamics this SBUs. both up our in installation
fleets during remarkable two-year solid set industry replacement increasing a with such the nearly once exceeded commitment volume again sustainability faster than their up standard. our Fuel On rising environment, a U.S. a XX%, on demonstrates last quarter, rate In Our our our a tires basis, replacement LHDX, growth great recovering find is the to cost our business Volume top is year. also commercial the that product helping demand customers for fuel-efficient performance. XX% units continued products growth Brazil, In of achieve the to value in goals. and Max anticipated. to continue mobility as tools
in During of the up was our resurgence the a replacement slightly combined quarter, recent country despite volume COVID-XX.
relative production as strong with the year. we We're quarter. adversely for foundation industry consecutive impacted in the by consumer chain X%, demand shipments, volume this remains vehicle reflecting outperformed decreased the supply Despite fifth industry growth challenges. Our the OE beyond performance our for laying lower decline
all-electric momentum quarter U.S. the deliver braking range the also strategies additional road HUMMER, XXXX, several while of fitments including while reduction Y reduce in adoption vehicle the extend one-third on differentiate We technology developing ourselves our new awarded driven weight, addressing business Model volume during strengthening stress EV accelerate to the were as government of EMEA, mobility for EVs, position as we for manufacturers. level continue the handle the to of high turn In maker by strengthen requirements a our the OEMs the to higher replacement helping Goodyear rolling can tire secured the were these Tesla increased through established we we leading restrictions. noise choice opportunities automotive volume GM's vehicle noise position cabin EVs. will EMEA's in our and to OE Americas XX%, as added torque, must EV increased The Nearly year, the have despite regenerative fitments, have we and evolves. In for landscape leader. resistance. Last of the to ongoing tires technology. that With of
strategic the restructure in Our benefit our consumer from last replacement distribution business we year changes Europe. to continues made to
impact the volume us, we our volume the consumer With transitional outperformed industry, growing behind XX%. total replacement
and during VECTOR well the GenX, Each XSeasons SUV contributed EfficientGrip X, solid exceptionally our performed all-season share gains. we the quarter, summer FX segments: first in and Asymmetric the Eagle X the to the increased During tire its consumer X% was technical industry-leading for by outpacing OE industry. further EMEA's volume recognized respective recently publications category, in its trade the also the capabilities. performance superior our validating quarter,
RS GT, growth, fitment volume our we included us. to the performance for a leading great EV In EMEA. segment also high OE fitments addition one in continued in to that's the position solid adding Notable Audi's e-tron
total Turning by our by Europe. business. on XXXX, approach to in XX% customer-centric indicating had mobility units, share increased team in selected the replacement adding India where million as record a more expanding In consumer and its in call, the pace we for commercial past mentioned strong On Asia-Pacific, commercial conquest X versus start, to rapidly more nearly fleet business, our volume to volume sole we our growth last Ryder and to previous be and C outperformance design. strong two XX%, partner from far than first a This is solutions continued volume Goodyear record EMEA's With our to doubled replacement new Total product China replacement. set surpassing growth achieved recently quarter. we that units year. I our We gains in driven combined driven than benefited mobility basis last customer to over a unit increased fleet years. tremendous the on continued value
where strong approaching demand increased volume our business, industry OE consumer levels. our fundamentals China, XX%, rebound a in to in XXXX reflecting Turning is
recent our receive the in this Goodyear platform I to FAW-Volkswagen's toughest design customers tire Supplier same supplier's before modular and industry-leading excellent recognizes conference. helped to technical its product to approach to Asia-Pacific for solve Volkswagen would commitment Now VW battery Cross, recently collaboration. sole supply at the commitment challenges. the latest capabilities, product electric market-backed us I team on outstanding is like a the EV and supplier supplier also vehicle on, the reliable congratulate a to since with attributes These Goodyear This platform to launched only OE lineup. our supplier secure this earning inception. to on honor, designation our quality, move our performance, fitment Best ID.X in help testament consumer them Group's was working proud be their the to Award
continue markets acquisition the mobility. with as recover Now new our to Cooper longer-term even our on business advantage we gained momentum and focus strength, and competitive Tire both
segments, time, Cooper shareholders transaction strengths growth and will integration incremental around The prepare At plans and comprehensive that deliver next in through ahead. offer continues consumers. significant us importance play more potential We're business the will growth strong our services excited customers and given as our combined cost well and synergies as begin. we opportunities enthusiasm the and to chapter same expect We're portfolio segments. Our to and for the Tire about of allow to truck Cooper benefits these vehicle of increase family. portfolio and develop this as to years to Tire combination acquisition our build the the in excited to SUV in to a products financial of light to our margin the particularly we markets welcome segments the and Goodyear
heard readiness, the inflection fleets our Now connected approaching our continues. autonomous is underway. mobility platform well progress vehicles and general beyond to, Anvil, With electric-shared focused wins refer future vehicle on of fast of certainly A world trends and the EV digital is service you've grow point post-pandemic. us and will is clear expect to mobility we platform And early vehicle we to migration The sixfold have EVs these expanded rebounds to by emerging the continue need to as XXXX. shared launching and accelerates. in increase today our service only since as
the ultimate advance tire driving sustainable And adding on intelligent intelligent the Our we be only at of products the has vehicles. the tires to finally, of safety future that paramount and revenue monitoring increases remains core expanded new with and materials our integrated around work has integration anticipating partner driving a having It's and itself to through how but new by our sustainable our in adjusting of mobility remarkable experience performance vehicle much our future tire perspective not systems. and our only just goal is mobility Creating tire vision That the real-time with in core. in our entirely performance work and the equipped XXXX. a constructed continued reliability on to autonomous with past with improve part tire tire by streams experience fleets over changed business with gain and year. commitment to our the the materials and sensor focus partners its reflects our safety, of,
of XXXX, and to historic as emerging we brought a of the crisis quarter an auto COVID-XX first the economy near global faced the industry During proportions standstill.
our key some production today, challenge increasing, we brighter While on picture. auto a COVID many world, real in and is economic are markets, of improving, hiring. recovering balance, are vaccinations personal see the are employers parts very miles traveled of vehicle In a and remains much
haven't in in look months will of as this we some opportunities we time. the disruption and fully on challenges to era, we sustain markets quarters we ahead, expect our recover, pockets And recognizing we're that of feeling momentum ahead. in As underlying to a new see continue the and momentum level to capitalize felt
We products. lineup have of a strong
never actions distribution, customers to further Following improve to our our ability reach been has better.
to further solutions offerings market I fleet our increased be Tire unmatched prospects Our generate ahead. acquisition position, Personally, forward. continue planned moving opportunities excited will about creating Cooper is very the in to value of strengthen years and in our the the
Now, over Darren. to to I'm turn call going the
