Michelin

Michelin to double budget-tire sales to counter Chinese gains

Nov. 28, 2014 06:01 CET
Michelin will nearly double the proportion of budget tires in its global sales mix to as much as 30 percent to counter the huge rise in Chinese imports sold in Europe and the U.S., CEO Jean-Dominique Senard told Automotive News Europe....
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NICK GIBBS

Michelin gains from homegrown distrust in China

6:22 am U.S. ET | Nov. 26, 2014
European sales of cheap Chinese tires are growing fast, but in China suppliers such as Michelin are winning customers who don't trust homegrown tire makers....
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Michelin seen missing 2014 sales goal, report says

Sept. 23, 2014 11:37 CET
Michelin may miss its goal of boosting sales by 3 percent this year on weak European and emerging markets, a French daily reported, citing the company's finance chief Marc Henry....
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Michelin to close truck tire plant in Hungary

May 6, 2014 13:07 CET
Michelin plans to close its truck tire plant in Budapest, Hungary, in response to adverse trends and aggressive competition in the European market. The French firm, however, will keep making high-performance car tires in the country....
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2014 DETROIT AUTO SHOW

Michelin says new tire gets better with age

9:18 am U.S. ET | Jan. 14, 2014
Michelin said it has developed a tire with tread that changes as it wears to reduce stopping distances....
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Michelin recalls 1.2 million tires in U.S.

2:50 pm U.S. ET | Dec. 14, 2013
Michelin is recalling 1.2 million tires in the United States -- including some used as original equipment on full-sized Ford Motor Co. vans -- because the tread might come apart....
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