MICHELIN CIE GEN DES
Leading U.S vehicle manufacturers have been struggling in Europe due to the economic slowdown there. The latest figures have auto sales off 8.5% to start 2013. Due to this, the tire industry in North America and Europe is also looking at a rough year, despite what was an excellent 2012 for U.S. sales.
The economic recovery is under way across the US and China is also starting to recover.
I believe one of the best ways to play the recovery is through the demand for new cars which is already starting to pick up. However, in my opinion the auto stocks such as Ford and GM are too risky, with much more cyclical exposure than I would like. The alternative to auto manufactures more »
“Whether it’s the restaurant or the supermarket or the kitchen supply shop, it’s hard to think of sector that is more commercialized and more replete with entrepreneurship and innovation. It is all monetized. … Quality customers are often more important to a restaurant than a quality chef.”
The leader in tire manufacturing, Titan Inc. has faced its ups and downs. But despite everything, it has persevered, moving on to occupy a well-respected position in the global market. Let us take a more careful look at the company.
Titan originally started its business, as the "Titan Tire Corporation” in 1993, manufacturing only various off-the-road tires. They continued expanding their product offering and reach by purchasing the off-road tire more »