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French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in the European auto industry. The Michelin plants in Cholet and Vannes in western France employ more than 1,250 people…
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Europe auto struggles lead to cuts at Michelin, Germany’s Schaeffler
AFP
21:41
French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in the European auto industry. The Michelin plants in Cholet and Vannes in western France employ more than 1,250 people…
