Michelin

This article is about the company. For its restaurant guide and the stars awarded by it, see Michelin Guide.

Michelin
Native name
Compagnie Générale des Établissements Michelin SCA
Company typePublic
Euronext Paris: ML
CAC 40 component
IndustryAutomotive
Founded28 May 1889; 135 years ago (1889-05-28)
Founders
Headquarters
Clermont-Ferrand
,
France
Area served
Worldwide
Key people
  • Florent Menegaux (Managing General Partner, CEO)
  • Michel Rollier (Chairman of the Supervisory Board)
  • Yves Chapot (General Manager, CFO)
Brands
RevenueIncrease €28.59 billion (2022)
Increase €3.4 billion (2022)
Increase €2 billion (2022)
Total assetsDecrease €15.341 billion (2022)
Total equityDecrease €7.808 billion (2022)
Number of employees
132,000 (2022)
Subsidiaries
Websitemichelin.com
Footnotes / references
[1]

Michelin (/ˈmɪʃəlɪn, ˈmɪtʃəlɪn/ MISH-əl-in, MITCH-əl-in, French: [miʃlɛ̃]), in full Compagnie Générale des Établissements Michelin SCA ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France. It is the second largest tyre manufacturer in the world behind Bridgestone and larger than both Goodyear and Continental.[2] In addition to the Michelin brand, it also owns the Kléber tyres company, Uniroyal-Goodrich Tire Company, SASCAR, Bookatable and Camso brands. Michelin is also notable for its Red and Green travel guides, its roadmaps, the Michelin stars that the Red Guide awards to restaurants for their cooking, and for its company mascot Bibendum, colloquially known as the Michelin Man, who is a humanoid consisting of tyres.[3]

Michelin's numerous inventions include the removable tyre, the pneurail (a tyre for rubber-tyred metros) and the radial tyre. Michelin manufactures tyres for Space Shuttles,[4] aircraft, automobiles, heavy equipment, motorcycles, and bicycles. In 2012, the group produced 166 million tyres at 69 facilities located in 18 countries.[5]

  1. ^ "2022 Universal Registration Document". Michelin. 11 April 2023. Retrieved 16 May 2023.
  2. ^ "10 largest tire manufacturers cruising through the roads". May 2021. Archived from the original on 22 October 2021. Retrieved 23 October 2021.
  3. ^ "History of the Michelin Man Mascot". business.michelinman.com. Retrieved 2 June 2024.
  4. ^ "Tyres - Car Servicing - Repairs - Chapel Corner Tyres". www.chapelcornertyres.com.au. Archived from the original on 12 September 2011. Retrieved 11 December 2010.
  5. ^ Staff (6 May 2013). "Global 2000". Forbes (Paper). p. 17.