PC/LT tire markets were stable vs. 2022 as robust OE demand in most regions offset slightly negative RT demand dampened by destocking in Europe and the Americas. Demand for 18-inch and larger tires is ...

Group sales and segment operating income were supported by a powerful improvement in the mix, despite soft tire volumes. Margin at constant exchange rates was maintained at 12.6%. €27.2 billion in ...

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 ...

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.

Over the full year, tire markets are expected to track the trends observed in late 2016, in particular with the upturn in mining tire sales. For Michelin, most of the growth will be concentrated in ...