Word: michelins
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...Michelin restaurant reviewer...
...Ghosn is a globalist--Lebanese heritage, French education, Brazilian passport--who earned his spurs as an aggressive turnaround artist at Michelin, the tire company, and then Renault. To bring Nissan to heel, the 46-year-old used psychological leverage that nobody had ever bothered to exploit in Japan. "People within the company were convinced that Nissan was sick and could die," he says. "They knew it had to change, and they were willing to help...
After realizing how much was riding on its tires, Ford has decided to let the next group of Explorer-buying customers choose their brand. And one of the choices will definitely be Michelin...
...free performance of Goodyear's tires has been the company's main defense against Bridgestone/Firestone's persistent contentions that Ford-ordered underinflation was at the base of tread-separation problems. It's also talking to Continental General Tire, a German firm. But according to the Journal, the France-based Michelin company will be a main supplier...
...recall came just as Firestone's North American business, which accounts for 40% of Bridgestone's total revenue, was hitting on all cylinders. In the past few years, it has caught up with rival Michelin to become the No. 2 tire supplier in the U.S., behind Goodyear, with some 22% of the estimated $22.5 billion total market, according to Tire Business, a trade newspaper. It won back bragging rights as the key tire sponsor for Indy 500 racing...