From Name:
From Email:
To Name:
To Email:

Optional Message:


Michelin buys into online tire retailer

from Modern Tire Dealer

Groupe Michelin has acquired a 40 percent stake in Allopneus SAS, a French internet tire retailer, for $64 million. Michelin's investment comes four months after Goodyear Tire & Rubber Co. announced it would sell tires directly to consumers on goodyear.com. Goodyear is in the midst of rolling out its online system. Based at Aix-en-Provence, Michelin says Allopneus sold some 3 million tires in France in 2014, is seeing growth, and today accounts for 7 percent of the French market. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063