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French tyre maker Michelin on Wednesday reported nine-month sales of €20.171 billion ($21.55 billion), down 4.6% from €21.152 billion last year. Automotive and Related Distribution sales slipped 2.4% to €10.356 billion, while Road Transportation and Related Distribution dropped 4.6% to €4.933 billion. Specialty business and related distribution decreased 9.1% to €4.882 billion. “Our strategy continues to deliver positive outcomes; our group resilience is further strengthening. Yet, over the past few months Michelin has had to face contextual adverse factors that are increasing, whether economi…

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