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Groupe Michelin
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Michelin Focusing on Innovation in Mobility at The Heart of Growth and Urban Well-Being
Nov 17, 2014The 12th annual Michelin Challenge Bibendum is being held this week in Chengdu, China. The event brings together members of both the private and public sectors to examine sustainable mobility, with this year’s conference focusing on ...
Tags: Michelin, Auto Parts
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Groupe Michelin Posted Net Sales of 14.5 Billion Euros
Oct 27, 2014Groupe Michelin posted net sales of 14.5 billion euros for the first nine months ended Sept. 30, 2014. That was a 4.7% decrease compared to the first nine months of 2013. Based on the exchange rate on Sept. 30, 2014, Michelin recorded net ...
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Would You Believe a 60% Tariff?
Aug 18, 2014Would you believe a 60% tariff? That is a possibility, according to a report by Exane BNP Paribas. On July 22, 2014, the United States International Trade Commission determined consumer tire imports from China may or may soon be ...
Tags: Chinese, Tire Tariffs, Accessories
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Groupe Michelin Posted Net Income of 624 Million Euros on Net Sales of 9.6 Billion Euros
Aug 18, 2014Groupe Michelin posted net income of 624 million euros on net sales of more than 9.6 billion euros for the first half ending June 30, 2014. That compares to income of 507 million euros on sales of more than 10.1 billion euros for the first ...
Tags: Groupe Michelin, Income, Auto Parts
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Michelin Earthmover Division Announced The Introduction of The Michelin X-Straddle 2
Aug 13, 2014Groupe Michelin’s Michelin Earthmover division announced the introduction of the Michelin X-Straddle 2, 450/95R25, a more advanced port tire for use on the massive straddle carriers that load and unload container ships at the ...
Tags: Michelin, 2 Carrier Tire, Auto Parts
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Senard Said Michelin Will Establish a Clear Lead in Terms of Product Performance
May 21, 2014"We obviously want to establish a clear lead in terms of product performance," said Groupe Michelin General Partner and CEO Jean-Dominique Senard At Groupe Michelin's annual shareholders meeting, shareholders adopted all of the ...
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Michelin Wants to Establish a Clear Lead in Terms of Product Performance
May 20, 2014"We obviously want to establish a clear lead in terms of product performance," said Groupe Michelin General Partner and CEO Jean-Dominique Senard. At Groupe Michelin's annual shareholders meeting, shareholders adopted all of the ...
Tags: Auto Parts, Accessories, Tire, Tyre
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Groupe Michelin Has Begun Steps to Close Its Truck Tire Plant in Budapest
May 8, 2014Groupe Michelin has begun steps to close its truck tire plant in Budapest, Hungary. According to Michelin, the closing is necessary "in response to the adverse trends and aggressive competition in the European truck tire market, which ...
Tags: Michelin, Truck Tire
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TREC Is Designed to Develop Two Uses for Used Tires
Feb 14, 2014The Tire Recycling Project, also known as TREC, is designed to develop two uses for used tires. The project is driven by Groupe Michelin. The first use, TREC Regeneration, involves regenerating rubber compounds to make new high ...
Tags: tire
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Two Models, Both M&S Rated, Were Showcased in The Double Coin Booth
Nov 7, 2013Warrior passenger tires are about to enter the United States for the second time. The tire line was re-introduced by Double Coin Holdings Ltd. and the China Manufacturers Alliance LLC at the 2013 Global Tire Expo in Las Vegas. Two models, ...
Tags: Auto Parts, tire, tyre
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Randy Gaetz Will Join The Company as Vice President of Sales
Sep 20, 2013Toyo Tire U.S.A. Corp. announced that Randy Gaetz will join the company as vice president of Sales on Oct. 7, 2013, when he will report directly to Roy Bromfield, chief operating officer of Toyo U.S.A. A 35-year veteran of the tire ...
Tags: Auto Parts, tyre