Shares of Michelin fell 2.8% in Paris after the tire maker cut its full-year outlook, citing worsening market conditions ...
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 ...
Michelin CEO Florent Menegaux explains revised full-year guidance to investors, citing difficulties in North America.
CLERMONT-FERRAND, France—Equal and opposite reactions are to be expected. It is, after all, the law of physics. And tire markets. For Michelin, 2023's first half shaped up to be one of those equal-and ...
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 ...
Tire tests, designed to explore the grip limits, traction, economy and noise of tires, are a vital consumer service. However capable your car is, it needs good tires to ensure it's as capable and safe ...
Back in 1889, two brothers founded the Michelin tire company in France. With only a few thousand cars in the country at the ...
Gourmets are most familiar with Michelin as distributors of those coveted restaurant stars, but keen drivers will know Michelin as one of the biggest names in the tire business. Ghostbusters fans will ...
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.