Michelin amongst Fortune’s most admired companies

Fortune magazine has ranked Michelin the top tyre manufacturer and third within the Motor Vehicle Parts category in its ‘World’s Most Admired Companies’ for 2020.

Companies appearing in Fortune’s list are ranked according to the results of an independent survey of executives, directors and analysts. Survey participants were asked to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.

“At Michelin, we are passionate about bringing new solutions to the challenges of mobility, so that people everywhere – from massive urban cities to smaller communities – can experience the freedom of moving about affordably, efficiently and sustainably,” said Alexis Garcin, chairman and president, Michelin North America. “Michelin is grateful for this recognition from other business leaders in our industry, and thanks especially to the hardworking and innovative people of Michelin who contributed to the results.”

Michelin was ranked fourth within the Motor Vehicle Parts category last year, and fifth in 2018.