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Europe, Michelin and Schaeffler
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.
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.
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.
Michelin to close 2 French plants, cut over 1,200 employees
Michelin will close two manufacturing plants in France, a decision that the tire maker called "unavoidable" and will impact 1,254 employees.
Michelin to close two French plants amid waning market share
Michelin will close two factories in France by early 2026 affecting about 1,250 jobs, the French tyre maker said on Tuesday, the latest cutback in a European auto industry battling subdued demand and cheap Asian competition.
'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
2d
Europe’s chocolate groups lead opposition to EU deforestation law delay
Other companies opposing the delay include tyre companies Michelin and Pirelli, the supermarket chain Carrefour and the ...
Observer
7h
The Ultimate Guide to Luxury European Travel
A whirlwind tour of Europe’s most exclusive retreats, where luxury is relentless, sophistication is staged, and the scenery ...
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