NEW YORK (Standard&Poor's) Nov. 5, 2008--Standard&Poor's Ratings Services today revised its outlook on The Goodyear Tire&Rubber Co. (BB-/Stable/--) to stable from positive. "The outlook revision reflects our view that we do not expect the company's credit measures to improve significantly enough during 2009 to support a higher rating," said Standard&Poor's credit analyst Lawrence Orlowski. "We are concerned about the effect of falling tire demand primarily in North America and Europe but also in Latin America as economic conditions deteriorate. Moreover, North American operations continue to generate weak segment operating margins and this is unlikely to change in light of lower demand, even though the company has been adapting to the economic downturn
