Michelin has advised that due to ongoing challenges from budget tyres impacting on market share, added to increasing production costs in Germany, and market overcapacity, Michelin is having to take action on restructuring
Michelin Cuts Back on German Tyre Production
Budget truck tyres from low-wage countries and rising production costs in Germany have prompted Michelin to respond to these long-term negative trends with unavoidable decisions.
Michelin has informed its 1,410 employees at the production sites in Karlsruhe and Trier, as well as the new truck tyre and semi-finished product produ...
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