Significant growth in truck and car tire sales Michelin's net profit increased by 23% in the first half of the year

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On July 29, French local time, Michelin released its financial report for the first half of 2014. The report shows its global business status and financial performance as of June 30, 2014.

Michelin's net profit for the first half of 2014 reached 624 million euros (5.3 billion yuan), an increase of 23%. The group pays close attention to the price mix and the business results and goals are the same. Among them, the overall increase in the car market, South America and the Middle East Asia Pacific market decreased; card passenger car tires global growth, the original market in addition to North America are down; passenger car tire products eye-catching, only PA / S sales exceeded expectations, up to 35 %. And the global operating indicators are in good shape.

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