Michelin SCA

All the very latest information about Michelin in one place. The latest Michelin business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest news

BRAZIL: Michelin mulls second India tyre factory

8 June 2010

Michelin may set up a second tyre plant in India to cater to the growing passenger vehicle segment.

COMMENT: Michelin outlines Latin lesson

3 June 2010

There's quite a bash going on down in Rio de Janeiro.

RUSSIA: Tyremakers plan expansion to avoid tariffs

10 May 2010

Continental and Michelin are accelerating expansion in Russia to tap growth while avoiding import restrictions.

US: Goodyear may raise NA tyre prices

5 May 2010

Goodyear may raise prices on US and Canadian consumer tyres in June by 6% according to US media reports.

Q&A with Goodyear Dunlop UK

4 May 2010

As one of the world’s largest tyre producers, Goodyear’s brands include Goodyear, Dunlop, Kelly, Fulda, Debica, Sava and various house brands. In this interview, Matthew Beecham talked with James Bailey, manager, corporate communications at Goodyear Dunlop UK about the opportunities being offered by TPMS, Goodyear’s innovations which directly affect the tyre’s rolling resistance and the European Commission’s mandatory tyre labelling.

JAPAN: Bridgestone hikes profit estimates

15 February 2010

Bridgestone, Japan's largest tyre maker, has raised its annual profit estimate for 2009 by 25% to above market expectations, citing cost cuts.

FRANCE: Michelin profit down 71%

12 February 2010

Profits at Michelin slumped 71% last year as sales to vehicle makers declined and reorganisation costs rose.

FRANCE: Faurecia Combined Shareholders’ Meeting

8 February 2010

FRANCE: Axe falls on Michelin Japan plant

15 January 2010

Michelin has announced that it will close its Japanese plant, in Ota (Gunma Prefecture), which employs about 380 people, and move the production to other lower cost sites in Asia, Europe and North America.

BRUSSELS SHOW: Renault debuts 98g/km CO2 Clio

13 January 2010

Renault is to debut its lowest CO2 emitting production car today at the Brussels Auto Show. The new 98 gram CO2 per kilometre Clio dCi 86 Renault eco² achieves a 17g per km reduction in CO2 emissions (15% overall) compared to the current engine.

BRAZIL: Production slips as imports rise but auto investment continues

30 November 2009

Vehicle production in Brazil will this year be below domestic sales for the first time since 1995. This is the result of the country importing more units than it exported due largely to the strong Brazilian real. This year's output will be lower compared to 2008, but sales will be up year on year.

FRANCE: Michelin to double BRIC capacity

23 November 2009

Michelin plans to double car tyre production capacity in Brazil, Russia, India and China by 2012 and increase truck tyre production capacity by 40%, a French newspaper reported.

FRANCE: Michelin upbeat on long-term Russia prospects

20 November 2009

Michelin is planning to expand its production capacity and distribution network in Russia despite current difficulties caused by severe economic recession.

INDIA: Michelin to invest in Indian tyre plant

16 November 2009

Michelin has announced plans to invest nearly USD900m to build a plant to in India.

FRANCE: Sales plunge at Michelin

27 October 2009

Michelin has reported a sales slide of 10.9% year on year in the third quarter to EUR3.75bn (US$5.58bn) amidst a slump in global demand.

MOSCOW: Michelin targets Russian expansion

13 October 2009

Michelin is setting up a new unit to manage its expansion in Russia and other countries of the Commonwealth of Independent States (CIS).

OPINION: Racing for the next generation

12 October 2009

“Win on Sunday, sell on Monday!” This axiom has driven most automakers to get involved in some form of motor racing over the years, but will the old saw stand the test of time with the eco-oriented vehicles of the future, asks Jeremy Burne?

BRAZIL: Michelin upbeat on South America investment plans

8 October 2009

Michelin is taking an upbeat view on prospects for South America and is planning to continue with all its announced projects for the region, including the construction of a new plant in Brazil.

GERMANY: BMW announces sub-110g CO2/km 3 Series

21 August 2009

BMW is to offer the most fuel efficient 3 Series ever with the introduction of the new BMW 320d EfficientDynamics Saloon.

FRANCE: Michelin loses EUR122m in H1

31 July 2009

First half sales at tyre maker Michelin fell 13.4% to EUR7.1bn.

JAPAN: Bridgestone hikes '09 profit forecast

25 June 2009

Bridgestone has bosted its operating profit forecast for 2009 24% on Thursday, noting the yen was less strong than it expected.

FRANCE: Michelin may cut 3,500 jobs

25 June 2009

Michelin could cut as many as 3,500 jobs in France by 2011, it said on Thursday.

FRANCE: Funding approved for low-CO2 projects

22 June 2009

France's environment agency ADEME is putting EUR6m (US$8.3m) into two research projects on low-CO2 spearheaded by partsmaker Valeo.

INDIA: Michelin seen building EUR1bn plant

19 June 2009

Michelin may invest over EUR1bn (US$1.39bn) over 10 years in a factory in India, a local report said.

FRANCE: Michelin to axe 1,100 jobs

17 June 2009

Michelin confirned today that it would cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles falling demand from carmakers.

FRANCE: Michelin eyes workforce reduction – reports

16 June 2009

Michelin could cut up to 1,500 jobs in France, according to a report in Le Monde.

FRANCE: Michelin executives on missing Airbus – report

1 June 2009

Three high-ranking executives from Michelin - including the group's head for South America - were on the Air France plane that went missing Monday between Rio de Janeiro and Paris, the company told AFP.

FRANCE: Michelin Q1 profit falls 14.2%

29 April 2009

Michelin net profits fell 14.2% year on year to EUR3.51bn ($US4.62bn) in the first quarter of 2009 but the tyre maker said it was on course for positive results later in 2009.

US: Michelin closing Alabama tyre plant

14 April 2009

Michelin North America will close its BF Goodrich tyre manufacturing plant in Opelika, Alabama by 31 October with the loss of about 1,000 jobs.

FRANCE: Michelin plans more Spanish furloughs

27 March 2009

Michelin is planning additional production furloughs to avoid layoffs affecting 9,000 employees in Spain this year.





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