Michelin

Michelin  is a tyre manufacturer based in Clermont-Ferrand in the Auvergne region of France. It is one of the two largest tyre manufacturers in the world along with Bridgestone.In addition to the Michelin brand, it also owns the BFGoodrich, Kleber, Tigar, Riken, Kormoran and Uniroyal (in North America) tyre brands. Michelin is also notable for its Red and Green travel guides, its roadmaps, the Michelin stars that the Red Guide awards to restaurants for their cooking, and for its company mascot Bibendum, colloquially known as the Michelin Man. Among Michelin's numerous inventions, there is the removable tyre, the pneurail (a tyre for trains made to run on rails) and the radial tyre technology now used in modern "green tyres" that reduce fuel consumption.Michelin manufactures tyres for space shuttles,aircraft, automobiles, heavy equipment, motorcycles, and bicycles.From 1999, the company was headed by CEO Édouard Michelin. On 26 May 2006, Édouard drowned while fishing near the island of Sein, off the coast of Brittany.His death brought Michel Rollier, a 2nd cousin of Édouard Michelin, to the head of the company. Rollier was replaced in May 2012 by Jean-Dominique Senard.

Net income € 1.51 billion (2012)

Total assets € 21.58 billion (2012)