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In Germany, Michelin is announcing it will gradually cease the production at its Karlsruhe and Trier sites, as well as the new tire and semi-finished products manufacturing of Homburg. Michelin will also transfer the Customer Contact Center from Karlsruhe to Poland. A total of 1,532 employees are impacted by these operations, which are meant to be completed by the end of 2025. This decision is linked to the growing competition of budget truck tires, and the lack of competitiveness of our...

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is (-) 0.52% (Provisional) for the month of August, 2023 (over August, 2022) against (-) 1.36% recorded in July, 2023. The negative rate of inflation in August, 2023 i

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is (-) 1.36% (Provisional) for the month of July, 2023 (over July, 2022) against (-) 4.12% recorded in June, 2023. Decline in the rate of inflation in July, 2023 is pr

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is(-) 4.12% (provisional) for the month of June, 2023 (over June, 2022) against (-) 3.48% recorded in May, 2023. The decline in the rate of inflation in June, 2023 is

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 1.34% (Provisional) for the month of March, 2023 (over March, 2022) against 3.85% recorded in February, 2023. Decline in the rate of inflation in March, 2023 is pri