<div><p>The US subsidiary of French tire maker Michelin said it will shut a US plant in Alabama, where it employs 1,000 people, due to an "unprecedented" slump in demand.</p><p>Michelin North America said the closure of the plant in Opelika, Alabama, by October ...
<div id="subtitle">French tire maker Michelin says production cuts since Nov to cost euro150 million in 4th quarter</div><div><p>Michelin SCA's recent production cuts, made to adjust to sharply falling demand amid the global economic crisis, will cost euro150 million ($209 million) in the fourth ...
<div id="subtitle">Michelin settles with 17 states over US ads claiming fuel-efficient tires saved money</div><div><p>Michelin North America has agreed to pay 17 states a total of $375,000 to settle an investigation into advertising claims last year that its tires could save drivers money ...
