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31.97000 EUR
0.08
0.25%
Last update Jul 16, 5:30 PM CEST
Market closed
Day range
31.69000
32.14000
Previous close
32.049999
Open
31.77000
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Michelin
31.97
0.08
0.25%

Overview

Description

Michelin is a global leader in the manufacture and distribution of tires, operating primarily in the automotive sector. Renowned for its durable and high-performance tire products, Michelin serves a wide spectrum of vehicles, including cars, trucks, motorcycles, and bicycles, as well as specialty machinery like aircraft and agricultural equipment. Established in 1889 and headquartered in Clermont-Ferrand, France, Michelin has a significant presence in various global markets, contributing to advancements in tire technology and sustainability. The company's commitment to innovation has led to the development of eco-friendly tire solutions, aiming to reduce rolling resistance and fuel consumption, thus impacting environmental sustainability positively. Besides its core tire business, Michelin also provides mobility solutions, digital services, maps, and travel guides, broadening its influence in travel and transportation services. Michelin's extensive global network and robust manufacturing capabilities make it a pivotal player in the automotive industry. The brand's historical reputation for quality and safety solidifies its standing among consumers and industry professionals, making it essential in meeting the evolving demands of modern transportation and logistics.

About

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Instrument type
Common stock
Sector
Industry
Country
France
MIC code
XPAR
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