New Energy Automotive

Posts Tagged ‘Michelin’

Offers Michelin road atlas, town plans and up to four collections of maps updated every year. Michelin is the leading mapping company with a market share of 55.4% in 2011 thanks to its precision and constantly updated.

In 2012 the collection includes Michelin Maps National, which contains all the mapping of one or more countries. Also, the road atlas and tourist Michelin Spain & Portugal 2012 incorporates the plans of cities and all the tourist information useful to discover Spain and Portugal, with a new planning map that includes 57 hotels and 232 restaurants quality at moderate prices, a supplement extracted from the MICHELIN guide, complete with 546 attractions in The Green Guide.

In addition, Atlas road and tourist Michelin Spain & Portugal 2012 is complemented by offering the possibility of designing the trip “a la carte”, where additional information about places to visit, itinerary, hotels, flights, hire cars and even buy tickets for tours, museums and theaters.

Michelin presented in premiere their new winter tires Michelin Pilot Alpine Michelin Latitude Alpine and designed for cars and high-performance SUV. Both tires will reach replacement markets of Europe from the spring of 2012. These two new products carry the association between safety, mobility and durability to unprecedented levels.

To develop this balance of performance and implement the most appropriate technologies, Michelin has previously conducted studies and has surveyed more than 4,000 drivers in Germany, France, Russia, Sweden and Canada to describe their experiences of driving in winter.

Thus, we have cataloged and analyzed about 12,000 situations of “losing control”, in (almost) all known conditions. When the road is:

- Cover with fresh snow, powder snow
- Snow cover compact, hard
- Icy snow cover, bright, melted and refrozen
- Snow cover soup, slush, snow melt
- Partially covered with snow. The road appears due to traces of passing vehicles.

The Royal Spanish Automobile Federation and Michelin have renewed their partnership and sponsorship for the 2012 season. Thus, it reaffirms a year maintaining the commitment to motor racing, a key part in the philosophy of Michelin, cementing its relationship with the entity that governs motor sport in our country.

Besides being present in the racing world, providing all types of tires to drivers of different sports, Michelin will equip the highest level of service all vehicles of the Federation, such as Work Units, Motor or corporate-Home Mobile Unit checks.
Likewise, Michelin will equip all vehicles “R” rapid intervention using the Federation in the various championships in Spain, thanks to the performance of your tires, will have the optimal security.

Carlos Garcia, president of the RFEA and Sanhedrin Felix, director of Communication and Social Responsibility Michelin Spain Portugal, S. A., have signed the renewal agreement. Both leaders expressed their satisfaction with the extension of this agreement, which was originally signed in the 80′s, and aims to promote and advance the practice of motor sport in our country.

Under this new agreement, Michelin maintains its status as an official sponsor of the Royal Spanish Automobile Federation, which means that the Group will have a significant presence in the various national championships, as well as institutional activities and events developed by the federation

The tire manufacturer Michelin closed last year with an increase in profits of 39.3 percent, and a thousand 460 million Euros.
Meanwhile, sales grew 15.8 percent over the previous year, about 20.719 million Euros.

Thanks to the high demand for cars and an increase in sales of trucks, Michelin did good business with direct sales to builders. To this is added a strong increase in sales of winter tires.

Also, in 2011 net sales of tires and related distribution line car and truck were € 10.780 billion, an increase of 10.1 percent through increased 3.9 percent in sales volume, price dynamics that was maintained throughout the year and the successful launch of Michelin Pilot Super Sport, Michelin Primacy Alpine HP MICHELIN 4.

Meanwhile net sales of tires and related distribution truck were € 6.718 million Euros, an increase of 18.3 percent. Sales volumes closed the year up 5.8 percent after an increase of 15.6 percent in the first half thanks to the anticipated full price increase announcement. The new tire Michelin X Multiday 3D X Europe and Brazil Multiday XZE were introduced to the market successfully while the range Michelin X-One continues to strengthen.

By 2012, Michelin expects a growth of 35 percent generating a positive cash flow in the period 2011-2015, and has increased its target set for 2015 operating income to € 2.5 billion Euros.

As part of this process, Michelin has introduced a new program to improve the competitiveness of their production sites and services around one billion Euros over a period of five years.

It also aims to maintain constant volume, while the tire market worldwide growth varied experiences in an environment that will remain favorable in the new markets in Europe but less optimistic.

For the current year, the multinational company based in Clermont-Ferrand expects sales to remain stable. According to the company’s growth prospects in emerging countries are more favorable than in Europe, which is why it plans to open new plants in Brazil and China.

The Michelin group received last year a net profit of 1,462 million Euros, 39.3% from 1.402 million with which closed in 2010, reported the company, which has factories in Armanda de Duero (Burgos) and Valladolid.

The turnover stood at 20.719 million Euros, an increase of 15.8% compared to 17.891 million in 2010. The profit margin on turnover is 7.1%.

For the company these results fully confirm the strategic direction developed by the tire manufacturer group with 70 production plants located throughout the world, four of them in Spain.

The “cash flow” (profits plus depreciation) free Michelin group at the end of last year totaled a negative € 19 million due to the acceleration of the investment plan and the impact of rising material prices as raw rubber, silica and another series of primary components of tires.

Net debt stood at EUR 1.814 million, 1.629 million before 2010, which represented a record 22% on equity, compared to 20% assumed in the previous year.

By business, in providing passenger and commercial vehicles, the first mounting globally grew by 4%, the same percentage as in the replacement, a notable increase of 10% of the first supply in the markets of North America and 7 % in Europe.

In the division of trucks or commercial vehicles, the evolution of the first worldwide supply was 18%, while replacement limited the increase to 5%

the breakdown of the total turnover of 20.719 million Euros, 10,780 billion is attributed to the area of ​​passenger cars and commercial trucks 6.718 million, 3.221 million and special activities (agriculture, public works and motorcycle).

The presentation of results, held in Paris, Michel Roller, has confirmed his retirement from limited partner as manager – the highest executive body of the company – to be replaced by Jean-Dominique Seward, who shared duties, and now lead Michelin alone.

The future prospects of Michelin focus on a growth plan of 25% in the period 2011-2015, and a program to improve industrial competitiveness, with a cost savings of 1,000 million Euros over five years .

Makers opt for Michelin tire market stability, according to the outlook for auto sales in more mature markets.