Instead, the budget-friendly tires will be sold under the Tigar, Kormoran and Riken names and will be produced in Serbia for sales across the eastern hemisphere. The pressure on Michelin is coming ...

However, while there have been some incremental improvements over the years, the radial pneumatic tire that Michelin invented as far back as 1940, going on sale in 1972, remains the primary ...

(Reuters) -Michelin on Wednesday cut its sales volume forecast for the full year as the French tyre maker reported third-quarter sales that fell short of market expectations due to weaker demand.

Sales fell to $7.45 billion in the quarter and to $22.2 billion for the nine months. Michelin registered revenue declines across all segments, including passenger car/light truck (down 2.4%), truck & ...

PC/LT sales of 18-inch and larger tires grew sharply and sustained the MICHELIN brand’s market share. The Mining tire business strengthened its core market positions. The mix effect continued to ...

Michelin backed its full-year outlook despite lower sales revenue in the first quarter on softer demand. Sales for the French tire manufacturer fell to €6.64 billion ($7.11 billion) from €6.96 ...

PC/LT sales of 18-inch and larger tires grew sharply and sustained the MICHELIN brand's market share. The Mining tire business strengthened its core market positions. The mix effect continued to ...