Michelin Sells Share in EnTire Solutions
Michelin North America has sold its share of a tyre chip development operation to TRW Automotive Electronics. The Michelin/TRW joint venture, formed in 2003 – EnTire Solutions – developed attire air pressure and temperature chip and reader system that Michelin attempted to market to the trucking industry.
TRW said it would continue development of the product. Ed Carpenter, vice president of TRW Automotive’s Electronics business, said: “This has been a successful partnership. TRW and Michelin have combined their respective expertise in electronics and tires to develop direct tire pressure monitoring systems that are recognized for their performance characteristics in the industry.” (Tire Review/Akron)
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