AKRON, Ohio, and ATLANTA, March 26, 2015 /PRNewswire/ -- The Goodyear Tire & Rubber Company and Citi Retail Services today announced an agreement to renew their consumer credit card relationship. Goodyear, one of the world's leading tire companies, and Citi Retail Services, one of North America's largest and most experienced private label card issuers, extended their 27-year relationship by signing a long-term agreement.

"We are very proud of our relationship with Goodyear and our collaboration to build the Goodyear Credit Card into one of the leading private label programs in the industry. Working together, we have delivered valuable and compelling offers and programs well beyond traditional financing options to millions of customers while helping thousands of independent dealers increase their sales and customer loyalty," said Craig Vallorano, Citi Retail Services' Managing Director for Business Development and Strategy. "We are excited to take this program to the next level by adding best in class digital capabilities to further drive value for Goodyear, their dealers and their customers." 

"We continuously seek ways to enable our dealer and retail network to grow their businesses while simultaneously delivering improved service to Goodyear consumers," said Scott Rogers, Goodyear Chief Marketing Officer, Consumer. "The Goodyear Credit Card is a key component to creating a supportive and positive experience for consumers during the tire buying process by offering added payment options, financing and occasional discount offers." 

Citi Retail Services, a unit of Citi, provides consumer and commercial credit card products, both private label and co-branded, to national and regional retailers and their customers across the U.S. It also provides retail industry expertise, including transaction data analytics, and fully integrated marketing and loyalty programs. The business services nearly 90 million accounts for a number of iconic brands, including The Home Depot, Best Buy, ExxonMobil, Macy's, Sears and Shell.

About Goodyear
Goodyear is one of the world's largest tire companies. It employs approximately 67,000 people and manufactures its products in 50 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate. 

About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Citigroup Inc. (NYSE: C)
Goodyear (NASDAQ: GT)

Media Contacts:          
Goodyear:         Justin Metz, (330) 796-3789, justin_metz@goodyear.com
Citi:                  Janis Tarter, (415) 658-4256, janis.tarter@citi.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/goodyear-and-citi-retail-services-announce-renewal-of-long-term-credit-card-agreement-300056419.html

SOURCE Citi; Goodyear

Copyright 2015 PR Newswire

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