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Michelin

    • Michelin selling its stake in Double Coin joint venture

      PARIS — Group Michelin is selling its 40-percent stake in the Double Coin (Anhui) Warrior Tire Co. Ltd. joint venture to affiliates of the venture's majority partner, Shanghai Huayi (Group) Co. Ltd., including Double Coin Tire Group Co. Ltd.

    • Michelin to supply FIA-WEC through 2021

      SAKHIR, Bahrain — Group Michelin has agreed to continue supplying race tires for at least the next three seasons to the FIA World Endurance Championship, which includes the annual Le Mans 24 Hours race.

    • Michelin's Selleck to retire at year-end

      GREENVILLE, S.C. — Michelin North America Inc. Chairman and President Pete Selleck will retire at year-end, concluding a 35-year career at Michelin, including the last six in his current positions.

    • Michelin buys tire pressure control system companies

      CLERMONT-FERRAND, France — Group Michelin has acquired a pair of European suppliers of tire pressure control systems as part of its bid to become a "total solutions provider" in the agriculture segment and improve its central tire inflation ...

    • Michelin awarded nearly $2.5M in fraud case

      COLUMBIA, S.C. A U.S. District Court has ruled that Federal Insurance Co. must pay Michelin North America Inc. nearly $2.5 million in coverage for a theft from the tire maker's retirement fund, doubling the amount Federal originally offered to...

    • Premium tires, mining lift sales at Michelin

      CLERMONT-FERRAND, France Group Michelin registered a 5-percent rise in revenue for the quarter ended Sept. 30 to $5.88 billion on the combined effect of rising OE demand, a sustained rebound in demand for mining tires and a "highly favorable"...

    • Michelin buys into fleet telematics, mobility firm

      ORLANDO, Fla. — Michelin North America Inc. has taken an undisclosed equity stake in SmartDrive Systems Inc., a developer of video safety and transportation intelligence systems, expanding its drive into fleet telematics and mobility services.

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