Michelin to close two French plants in latest blow to Europe's auto sector
Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's embattled automotive sector comes under increasing pressure.
Michelin plans to close two factories in France, affecting 1,250 workers
The Cholet and Vannes plants have been struggling with the structural changes in the passenger car, light truck, and truck tyre markets.
Europe’s Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.
Europe auto struggles lead to cuts at Michelin, Germany's Schaeffler
French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in the European auto industry.
'Black Day': French Workers Protest Michelin Plans To Close Two Plants
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over collapsing sales.
Michelin plans to close two factories in France in 2025
The French company Compagnie Générale des Établissements Michelin, one of the world’s leading manufacturers of automobile tires, announced its intention to close two factories in France by no later than the beginning of 2026,
Michelin closing two plants in France with loss of over 1,200 jobs
Clermont-Ferrand, France - Michelin Group is to axe two production facilities in France, due to the ‘profound transformation’ of passenger-car and truck tire markets in Europe over the past decade.
Tyre maker Michelin to close two French plants by 2026
MICHELIN will close two factories in France by early 2026 affecting about 1,200 jobs, the French tyre maker said on Tuesday (Nov 5), the latest cutback in an European auto industry battling subdued demand and cheap Asian competition.
Michelin to close two French plants amid waning market share
Michelin confirmed on Tuesday plans to close production at two French sites by early 2026, saying the plants had been facing severe economic difficulties for several years. The plants employ about 1,200 people.
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