Michelin: Group sales at Sept.30 decreased by 4.4% year on year. On October 13, following a deterioration mainly relating to North America, the Group issued a press release revising its guidance for full-year 2025.

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[{"type":"image","alt":"Michelin","displaySize":"","headline":null,"caption":"Michelin","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":80,"url":"https://media.zenfs.com/en/globenewswire.com/df0263fff2f0f934bc764715456ed488"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YDhRFSzYlwCHGGQ74J_mKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/df0263fff2f0f934bc764715456ed488","width":300,"height":80}},"lazy":false},{"type":"text","content":"Clermont-Ferrand – October 22, 2025 – 5:45 pm","length":45,"tagName":"p"},{"type":"text","content":"COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the nine months ended September 30, 2025","length":113,"tagName":"p"},{"type":"text","content":"Group sales for the nine months to end-September 2025 decreased by 4.4% year on year.On October 13, following a deterioration in the third quarter, mainly relating to North America, the Group issued a press release revising its guidance for full-year 2025.","length":257,"tagName":"p"},{"type":"text","content":"The overall performance of the Tire markets during the period primarily reflects a contraction in the Original Equipment segment in Europe and North America, and a Replacement segment led by imports of budget tires.","length":215,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"For Passenger Car & Light Truck tires, Original Equipment demand rose by 2% over the period, with a rebound in the Chinese market masking a significant decline in Europe and North America. The Replacement sell-in market was stable, edging up 1%, despite a large influx of low-cost tire imports ahead of the upcoming customs tariffs which drove up inventories amid stagnating sell-out demand.","length":395,"tagName":"p"}]},{"val":[{"type":"text","content":"For Truck tires (excluding China), the OE markets contracted by 4%, mainly due to a 20% slump in North America, while Europe demand stabilized at a low level. The Replacement sell-in market grew by 4%, driven by imports of budget tires. The sell-out market was flat in most regions, reflecting fragile economic activity.","length":320,"tagName":"p"}]},{"val":[{"type":"text","content":"Specialty tire markets were mixed over the period, with demand rising for Aircraft and Mining tires, but continuing to fall steeply fo...

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