Michelin

Michelin
Native name
Compagnie Générale des Établissements Michelin SCA
Company typePublic
Euronext Paris: ML
CAC 40 component
IndustryAutomotive
Founded28 May 1889 (1889-05-28)
Founders
Headquarters,
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
Revenue €28.59 billion (2022)
€3.4 billion (2022)
€2 billion (2022)
Total assets €15.341 billion (2022)
Total equity €7.808 billion (2022)
Number of employees
132,000 (2022)
Subsidiaries
Websitemichelin.com
Footnotes / references

Michelin (/ˈmɪʃəlɪn, ˈmɪəlɪn/ 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. 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.

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, aircraft, automobiles, heavy equipment, motorcycles, and bicycles. In 2012, the group produced 166 million tyres at 69 facilities located in 18 countries.