Michelin Group
28 May 2010
www.chinabuses.org:Michelin Group is active on all continents, from China to Brazil and from The United States of America to Germany and Russia. Michelin manufactures and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of digital services in more than 170 countries.Michelin Group is dedicated to helping to enhance mobility and create value while demonstrating respect for customers, people, shareholders, the environment and facts.
Since 1889, Michelin has constantly innovated to facilitate the mobility of people and goods. today, it is setting the benchmark across every tire and travel-related services market, while leading a global strategy to drive sustainable, profitable growth.
To succeed in this new phase of assertive growth and meet its objectives, Michelin can capitalize on such solid competitive advantages as its technological leadership, superior products and services, demonstrated brand appeal, operational efficiency and robust balance sheet.
Some key facts about Michelin:
115,000 employees on December 31, 2011.184 million tires produced, close to 10 million maps and guides sold, more than 400 million visits a year calculated by ViaMichelin in 2011.2011 Net Sales: € 20.7 billion.69 production facilities in 18 countries on December 31, 2011.Marketing operations in more than 170 countries.
Michelin's share of the global market in 2011: 14,8%
Passenger Car and Light Truck Tires Market and Related Distribution in 2011:
- N°1 in the world in high-performance tires for cars
- N°1 in the world in fuel-efficient tires
- 52% of consolidated net sales
Truck Tires Market and Related Distribution in 2011:
- N°1 in the world in radial tires
- N°1 in the world in retreading
- 32% of consolidated net sales
Speciality Businesses Market in 2010:
- 16% of consolidated net sales
Source : www.chinabuses.org:
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