Michelin tyre

Michelin to cut up to 1,500 jobs in France to reduce costs

Michelin said the market share of entry-level car, light truck and heavy duty tyres had increased significantly over the last decade, hitting premium categories, and leading to overcapacity at some Michelin plants.

Tyre maker Michelin to close two French plants by 2026

A plant in northeast France making tyres for farm equipment and another one in the centre of the country supplying civil engineering vehicles will close for several weeks, the company said.

Michelin pauses some French tyre factories as demand falls

Michelin's sales fell 4.2 per cent year on year to 13.48 billion euros in the first half of 2024.

Michelin’s half-year operating margin increases despite instability in Europe

Michelin has filed an appeal to the EU’s General Court in Luxembourg over the European Commission’s move, claiming the decision to launch the raids was based “on vague and insufficient elements.”

Michelin challenges EU’s hunt for evidence of tyre cartel

Michelin has already invested more than 1 billion euros in Thailand with five plants and 8,000 workers, the government said in a statement issued during Prime Minister Srettha Thavisin’s visit to France.

Tyre maker Michelin to invest 300 million euros in Thailand

Sales at Michelin dipped 0.9 per cent last year to 28.3 billion euros (S$41 billion).

SUVs help keep Michelin profits rolling in

Michelin will cease operations at its Karlsruhe, Trier and Homburg sites by the end of 2025, affecting 1,532 jobs.

Tyre maker Michelin announces closure of German sites

Michelin suspended its manufacturing activities in Russia on Mar 15 due to supply difficulties following Moscow's invasion of Ukraine.

Michelin to transfer Russian operations to local management