Fortune Magazine honours Michelin.
M2 EQUITYBITES-January 28, 2020--Fortune Magazine honours Michelin
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Auto Business News - 28 January 2020
Fortune Magazine has recognised Michelin, a company that designs, manufactures and sells tyres for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks and motorcycles, as one of the 'World's Most Admired Companies' in the Motor Vehicle Parts category for 2020.
Alexis Garcin, chairman and president, Michelin North America, said, 'At Michelin, we are passionate about bringing new solutions to the challenges of mobility, so that people everywhere, from massive urban cities to smaller communities, can experience the freedom of moving about affordably, efficiently and sustainably. Michelin is grateful for this recognition from other business leaders in our industry, and thanks especially to the hard-working and innovative people of Michelin who contributed to the results.'
The ranking for 'World's Most Admired Companies' is based on an independent survey of executives, directors and analysts. Survey participants were asked to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
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