Groupe Michelin, traded in the U.S. over the counter as MGDDY, is a global leader in the design, manufacture and distribution of tires for a wide range of vehicles. Established in 1889 in Clermont-Ferrand, France, the company has grown into one of the world’s largest tire producers, serving passenger cars, commercial trucks, motorcycles, bicycles, agricultural machinery and off-road vehicles. Michelin’s core activities encompass research and development, materials innovation, tire manufacturing and aftermarket services, with a focus on durability, fuel efficiency and safety.
Beyond its tire business, Michelin is renowned for its travel guides and maps, including the Michelin Guide series, which has become an authoritative resource for dining and hospitality recommendations worldwide. The company also provides digital mobility solutions and data-driven fleet management services, helping customers optimize tire performance and vehicle operations. Michelin’s commitment to sustainability is reflected in initiatives to develop tires with lower rolling resistance, increased recycled content and extended service life.
Operating in more than 170 countries, Michelin’s manufacturing footprint spans Europe, North and South America, Asia-Pacific and Africa, supported by a global network of production facilities and distribution centers. The company maintains research centers in key markets, collaborating with industry partners, research institutions and original equipment manufacturers (OEMs) to advance tire technologies, including electric vehicle and autonomous driving applications.
Leadership at Michelin is headed by Managing General Partner Florent Menegaux, who has steered the company’s strategic priorities since 2019. Under his guidance, Michelin continues to invest in innovation, digital transformation and sustainable development, aiming to reconcile economic performance with environmental and social responsibility across its worldwide operations.
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