April 25, 2024

President of Michelin announces development strategy

According to reports, July 28, 2012, Jean-Dominique Sheng Nader (Jean-DominiqueSenard) French tire maker Michelin (Michelin) Group President in an interview that the development of strategic pillars producers manufacturing is technological innovation , improve competitiveness and enhance the degree of internationalization, of which technological innovation is the most important, followed by competitiveness, and the lowest level of internationalization.

Reported that in the face of particularly fierce international competition, improving competitiveness has always been the focus of the company's development. In terms of internationalization, this strategic pillar can not only make Michelin profitable in emerging countries, but also allow the Group to continue to develop in markets that are already partially mature (for example, the United States). Mr. Sunnard believes that the decline of the European automobile market does not have any inevitability. The current problems in the automotive industry are mainly caused by political and economic reasons. The president believes that the crisis in the European automotive industry can be resolved as long as there is a slight strengthening of solidarity, such as the establishment of a federal system. In addition, Jean Dominique Dunad also stated that the purpose of the price policy implemented by Michelin is to maintain the profitability of the Group in the context of rising raw material prices.

Welding Wire

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