Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.

Michelin posted a 4.1% year-over-year decrease in tire sales in the first quarter of 2024, citing softer overall demand in the truck and specialty tire segments.

ORLANDO, Fla. — Michelin launched a fleet management brand focused on improving sustainability in commercial trucking, the company announced Feb. 26. The Michelin Connected Fleet brand brings a portfolio of data-driven solutions to the industry.

Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires.

BFGoodrich introduced two tires designed for less-than-truckload and last-mile delivery applications in the package and delivery, food and beverage, and other same-day and next-day segments.

Tire maker Michelin Group announced it will deploy an autonomous electric transport system, called T-Pod, from Einride beginning in 2020.

Michelin North America Inc. has launched Michelin Energy Guard, an aerodynamic trailer kit for use on 53-foot dry-van or refrigerated trailers.

Renault SA named a new leadership team hours after Carlos Ghosn resigned as chairman and CEO from a prison cell in Japan, where he has been held for more than two months.