12% of Michelin’s Thailand dealers still shut after flooding
Earlier in the week Goodyear warned of potential aviation tyre shortages due to flooding in Thailand knocking its plant there out of action; it appears Goodyear is not the only tyre maker suffering as a result of the flooding. The Bangkok Post reports that Michelin dealers in flood-affected areas – 12 per cent of the more than 400 dealers nationwide – have ceased operating, and this is expected to be seen in the tyre maker’s Thailand sales figures this year.
“We’re not sure whether these dealers will reopen after the floodwater has subsided,” Segsarn Trai-Ukos, country director for the Michelin Siam Group, told the Bangkok Post. Mr. Segsarn said the sales network closures will bring down domestic tyre sales figures, which account for 40 per cent of Michelin’s Thailand production. To counter this, the company intends to increase exports, he added.
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