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 ...
A sharp 11.9% gain from higher tire prices as the Group pursued its dynamic price management in response to steeply rising energy, logistics and raw material prices, A 1.6% increase from the tire mix ...
Volumes were down 7.3% due to lower OE sales in all segments, prolonging the trend observed in second-half 2024. The 2.5% positive mix effect reflected the favorable OE/Replacement mix, offer ...
CHENGDU -- Michelin plans to nearly double the proportion of budget tires in its global sales mix to counter the huge rise in Chinese exports sold in Europe and the United States. "Today [our mix] is ...
Financial information for the three months ended March 31, 2025 Group sales were down 1.9% due to lower Original Equipment volumes, partly offset by a significantly improved mix. In a highly volatile ...