Michelin

Company Profile

World Tire Number 1 with 20.1 % of the market (Tire Business 09/15/04).
Michelin relies on its global industrial presence backed by a sales network in some 170 countries. Michelin, World Number 1 Tire Manufacturer. In 2004, Europe represented 53% of sales, North America 33% and Asia, South America and the Middle-East/Africa Zone 14%.

The replacement tire market, in the Passenger Car-Light Truck and the Truck markets, represents some 70% of our sales in volumes. Accordingly, before being a equipment supplier for vehicle manufacturers, Michelin is primarily a player on the consumer market for passenger cars and motorcycles and on the professional consumer goods market for light and heavy utility vehicles.