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You are here: Home1 / Michelin

Tyre industry pioneers, Michelin has a long history. Having begun in 1889, Michelin is now the second-largest tyre manufacturer in the world after Bridgestone and larger than both Goodyear and Contineantal.

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Pierre Michelin moves closer to the ‘family-origin’ business

Career Tracks, Company News

Following the publication of Michelin’s first quarter 2022 financial results, group CEO Florent Menegaux commented on the appointment of Pierre Michelin as president of the Michelin family’s Mage-Invest holding company. Mage-Invest holds 4.2 per cent of the shares and 7 per cent of the voting rights of Michelin Group.

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Related news:

  1. Michelin appoints Guy Heywood as UK head
  2. Karl Naylor New Grouptyre MD
  3. Kwik-Fit names Andy Fern as new fleet sales director
  4. Chris Smith named as Michelin UK MD
18th May 2022/0 Comments/by Chris

Four-for-one split for Michelin shares

Company News

Shareholders at the Annual Meeting of Compagnie Générale des Établissements Michelin on 13 May voted in favour of splitting the par value of the Michelin share into four. Michelin explains that this decision is linked to the 66 per cent rise in the share price between 31 December 2018 (€86.70) and 31 December 2021 (€144.15).

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Related news:

  1. Hankook share sale a boost for Michelin entry-level and medium production
  2. Michelin implements partial share buyback management agreement
  3. Were communications issues behind premium tyremakers share price drop?
  4. Michelin, Conti “well positioned” for market change: Goldman Sachs
16th May 2022/0 Comments/by Stephen

Michelin Connected Fleet makes its UK debut at ITT Hub

International News, UK News
Michelin

Michelin Connected Fleet made its UK debut at the ITT Hub truck technology event in Farnborough on 11 May 2022. Michelin Connected Fleet is an evolution of Michelin’s 2019 acquisition of Masternaut and interfacing with other comparable systems in the Michelin portfolio. The technology, which is as much about service and support as it is technology, was launched in Spain and France in 2021. Next up are Germany and South Africa later in 2022, followed by markets such as Sweden and Benelux after that.

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Related news:

  1. The thinking behind Bridgestone’s TomTom Telematics acquisition
  2. BPW offers AirSave tyre pressure system
  3. Bridgestone/Webfleet develop integrated TPMS
  4. Michelin contributes to 12% fuel saving at Hermes UK
12th May 2022/0 Comments/by Chris

New Michelin MotoE tyre features more Enviro recovered carbon black

Company News, International News
Michelin

Michelin has produced a new version of its motorcycle racing tyre with an even higher share of environmentally sustainable material ahead of the MotoE World Cup motorcycle racing series. This is the fourth season of the MotoE World Cup electric motorcycles racing series.

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Related news:

  1. UK facility to feature early in Scandinavian Enviro Systems’ global rollout
  2. Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine
  3. Enviro decides on site for Swedish recycling plant
  4. Enviro CEO joins post-Michelin and Bridgestone rCB presentation panel
10th May 2022/0 Comments/by Chris

Michelin launches SprayBib CFO

Product News

A new generation of Michelin tyres for self-propelled sprayers enables load capacities to increase by up to 13.5 per cent at speeds as high as 30 km/h or 18.5 mph. The Michelin SprayBib CFO introduces the Cyclical Field Operation standard to the VF range, and UK customers will be able to obtain this successor to the SprayBib in 12 sizes by December 2022.

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Related news:

  1. Michelin demonstrates benefits of Ultraflex tyres, central tyre inflation in Aberdeenshire
  2. Michelin SprayBib, XeoBib agricultural tyres to outlast Unimog sprayer’s 1st life in service
  3. Michelin launches VF CargoXBib High Flotation trailer tyre
  4. Wet winter, dry spring increase harvest tyre checks importance
5th May 2022/0 Comments/by Stephen

Michelin confirms Maria Röttger as Europe North President & CEO

Career Tracks

As reported yesterday, Maria Röttger will succeed Anish K. Taneja as president and chief executive officer of Michelin Europe North, effective 1 June 2022. Michelin shares that Taneja has decided to “move to a new role outside the company.”

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Related news:

  1. Michelin creates Europe North region, names Anish Taneja CEO
  2. Taneja leaving Michelin – Röttger named as successor
  3. Big names committed to The Tire Cologne
  4. Von Aspern to lead Michelin’s new European wholesale business
3rd May 2022/by Stephen

Shanghai lockdown severely impacting the region’s tyre industry

International News

Since March 2022, China’s government has imposed strict lockdown policies on several cities in response to the rapid spread of COVID-19. Shanghai, the economic centre of China, is one of the core lockdown areas. According to information available to Tyrepress, it appears the entire industry is feeling the restrictions hitting production, logistics and retail in Shanghai and surrounding cities.

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Related news:

  1. Half of Chinese tyre makers recording YTD losses
  2. Warrior PCR brand launched in North America
  3. Show review: Reifen China 2014
  4. Reifen China 2016 ready for 1 December opening
3rd May 2022/by Xuda Wang

Michelin remains China’s top tyre brand

International News

The results of the 2022 China Brand Power Index (C-BPI) are out, and leading brand rating and consulting agency Chnbrand has once again ranked Michelin as the clear favourite in its automotive tyre brand ranking. Michelin has occupied the top spot every year since the inaugural rating was published in 2011.

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Related news:

  1. Triangle’s 2013 global summit exemplifies Chinese globalisation ambitions
  2. Healthy European market growth in December
  3. Analysts predict Chinese tyre anti-dumping duties of 25 – 35%
  4. Michelin establishes aircraft tyre firm in China
3rd May 2022/by Stephen

Michelin debuts CrossClimate 2 SUV

Product News

The latest Michelin all-season tyre for SUVs has been launched in European markets. Arriving from 1 May, Michelin says the CrossClimate 2 SUV is targeted at “drivers seeking a safe ride first and foremost, regardless of the SUV category.” It adds that this “new generation of four-season tyres” combines “multiple performances” and allows drivers to “contend with the majority of weather conditions, no matter the season.” CrossClimate 2 SUV is available at launch in 40 dimensions for 17- to 20-inch rim diameters.

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Related news:

  1. Addison Lee’s CrossClimate+ switch results in yearly tyre saving
  2. Michelin rolls out CrossClimate to light commercial segment
  3. DACH region auto clubs not convinced by all-season products in tyre test
  4. All-season camping: Michelin launches addition to CrossClimate range
2nd May 2022/by Stephen

Taneja leaving Michelin – Röttger named as successor

Career Tracks

Anish K. Taneja and Michelin are parting ways. According to an internal memo that has been circulating since the end of last week, he will leave the French tyre maker at his own request on 1 June 2022. Michelin has also already appointed Taneja’s successor as president and chief executive officer of its Europe North region.

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Related news:

  1. Michelin creates Europe North region, names Anish Taneja CEO
  2. Germany: Michelin’s Taneja named rubber association president
  3. Michelin names Frankfurt its new ‘Europe North’ hometown
  4. Budget tyres from Asia: Michelin’s Taneja calls for cleansing of the market
2nd May 2022/by Stephen

Michelin: Q1 sales up 19% to 6.5 billion euros

Company News, International News
Michelin; Jefferies

Michelin Group has reported that its first quarter 2022 sales amounted to 6.5 billion euros, a 19 per cent increase on the first quarter of 2021. According to the company, price increases and strengthening replacement demand helped it offset headwinds including operation disruptions and inflationary pressures exacerbated by the conflict in Ukraine plus the resurgence of Covid-19 in China.

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Related news:

  1. Pirelli reports 20% 1Q sales decline
  2. Michelin Germany integrates Camso sales team under Reifenwerke
  3. Back in line with 2019 levels: Michelin publishes full-year 2021 results
  4. Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine
27th April 2022/by Chris

Michelin damage guarantee proves its worth for BJ Clarke

Product News, UK News
Michelin

Wrexham-based haulage firm BJ Clarke is reaping the benefits of Michelin’s accidental tyre damage guarantee following a recent incident which totally wiped out two of its trailer tyres. James Clarke, Director at BJ Clarke and son of owners Brian and Nancy, says: “One of our trucks rolled over a girder that was sticking out near the roadside, at no fault of the driver, completely taking out two of the trailer’s tyres on one side. Usually, we would have been looking at a replacement bill of roughly £900 but thanks to the tyre guarantee we got 75 per cent of that paid back to us, to help fund the new tyres.”

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Related news:

  1. Michelin grows tyre contract with Huntapac Produce
  2. Boughey Distribution opts for Michelin X Multi Energy tyres
  3. Abbey Logistics’ 730 commercial vehicles serviced through Michelin solutions’ Effitires
  4. Michelin wins back fuel tanker fleet policy within two years
22nd April 2022/by Peter Gardner

Michelin partnering in US hydrogen truck project

International News

The California Energy Commission (CEC) has selected Symbio – the joint venture created by Michelin and Faurecia in 2019 with the aim of becoming a world leader in hydrogen mobility – to develop and demonstrate a hydrogen-fuelled, regional-haul Class 8 truck for a state-supported hydrogen mobility project. Symbio will collaborate on this project with Michelin, Faurecia and other industry partners, including energy transitions research and training organisation GTI.

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Related news:

  1. Michelin suing Atturo over alleged patent infringement
  2. Michelin restarting production at US giant OTR tyre plant
  3. Maestro to ‘conduct’ Michelin tyre & service operations
  4. USA: Michelin remains atop J.D. Power rankings
13th April 2022/by Stephen

Michelin Guide Moscow offline – activities in Russia suspended

International News

Michelin hasn’t only halted its tyre production in and exports to Russia in response to the current situation in Ukraine. It has announced that the Michelin Guide team has suspended all restaurant recommendation activities in the country.

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Related news:

  1. Michelin halts Russian tyre manufacturing and exports to Russia
  2. Nokian Tyres cuts 2021 dividend as European capacity ramps up
  3. EU sanctions: “significant impact” on Nokian Tyres’ European sales
  4. Sanction-hit tyremaker Belshina patriotic amid war in Ukraine
12th April 2022/by Stephen

Supplier of the Year: GM awards 5 tyre makers

International News

At a ceremony held in Phoenix, Arizona this month, General Motors (GM) honoured 134 suppliers based in 16 countries. The vehicle manufacturer’s 2021 Supplier of the Year awardees included five tyre makers – Bridgestone Corporation, The Goodyear Tire & Rubber Company, Hankook Tire & Technology, Maxxis Tires and Michelin North America.

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Related news:

  1. GM Supplier awards: 5 tyre makers acknowledged
  2. Tyre makers honoured with GM & Ford supplier awards
  3. Giti enters the top 10 of leading tyre manufacturers
  4. 6 tyre manufacturers among GM supplier award winners
29th March 2022/by Stephen
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