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BREAKING NEWS

Tyre maker Michelin to close French site that has 619 staff

Tyre maker Michelin to close French site that has 619 staff
The logo of Michelin Group is seen ahead of a news conference to present the company's 2018 annual results in Paris, France, February 11, 2019. REUTERS/Philippe Wojazer -
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PHILIPPE WOJAZER(Reuters)
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PARIS (Reuters) – French tyre maker Michelin <MICP.PA> said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.

The closure of the site at La Roche-sur-Yon comes after Michelin announced in September plans to close down a plant in Bamburg, Germany.

(Reporting by Sudip Kar-Gupta; Editing by Jon Boyle)

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