CLERMONT-FERRAND, France—With 2022, Michelin managed to sculpt a rather successful year from a rather difficult one. "In a chaotic environment impacted by a combination of systemic crises, Michelin ...
PARIS — Group Michelin posted a 2% increase in sales for the first nine months of 2023 despite 3.6% lower unit sales volumes. Sales revenue rose to $22.9 billion due in large part to a 7.2% gain from ...
Financial information for the three months ended March 31, 2025 Group sales were down 1.9% due to lower Original Equipment volumes, partly offset by a significantly improved mix. In a highly volatile ...
Volumes were down 7.3% due to lower OE sales in all segments, prolonging the trend observed in second-half 2024. The 2.5% positive mix effect reflected the favorable OE/Replacement mix, offer ...
PARIS — Despite operating in a "chaotic environment impacted by a combination of systemic crises," Michelin Group generated "solid" fiscal 2022 results — a 14.5% improvement in segment operating ...
PC/LT tire markets were stable vs. 2022 as robust OE demand in most regions offset slightly negative RT demand dampened by destocking in Europe and the Americas. Demand for 18-inch and larger tires is ...
Group sales reflected OE markets downcycle across segments and contextual headwinds in Specialties, with continued mix improvement. Tire sell-in markets rose over the period, inflated by high imports ...
Michelin and Sumitomo announced a joint venture in North American wholesale and retail tire sales. This is an area within which Michelin has historically struggled. Rather than further build out its ...
CLERMONT-FERRAND, France—Michelin reported solid results for the three and nine months ended Sept. 30, prompting the company to reaffirm its previous guidance for fiscal 2021 sales and earnings.
It seems like there's a new electric vehicle hitting the streets almost every week—and that's only going accelerate into the future. And while any new car regardless of how it's powered needs a ...
Michelin’s Duracoil technology (a high-quality nylon reinforcement on the bead wire) ensures a more robust, longer-lasting ...
We've been reporting on Michelin's airless tire technology for more than 16 years now. Indeed, the first time we wrote about the "Tweel" back in 2005, it quickly became the most popular story ever for ...