CHENGDU -- Michelin plans to nearly double the proportion of budget tires in its global sales mix to counter the huge rise in Chinese exports sold in Europe and the United States. "Today [our mix] is ...

CLERMONT-FERRAND, France— Michelin Group reported a solid first half of the year, although the first six months of 2023 had its ups and downs. Michelin reported that original equipment and replacement ...

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 ...

(Reuters) - Michelin expects its first-quarter sales to be slightly below market consensus due to steeper than expected seasonality in the first half of 2025, according to the transcript of an ...

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 ...

Investing.com -- Michelin reported a 3.4% drop in first-half sales to €13 billion, citing currency headwinds and softer tire volumes, particularly in Original Equipment markets. The company stated ...

The objections came fast and furious when Michelin North America announced earlier this month that it would start selling tires directly to consumers over the Internet for the first time. Independent ...

Gourmets are most familiar with Michelin as distributors of those coveted restaurant stars, but keen drivers will know ...

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 ...

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.