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    Michelin
    Tire manufacturing, rubber products, hospitality guides

    Michelin

    France flagFrance

    "Moving the world forward"

    Founded May 28, 1889 Clermont-Ferrand, France CEO: Yves Chapot
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    About

    On May 28, 1889, brothers Édouard and André Michelin launched their company in Clermont-Ferrand to take over their father's rubber factory. They quickly shifted focus from industrial goods to pneumatic tires, introducing the first removable tire for bicycles in 1891 and the inflatable spare tire in 1895. These innovations transformed early automotive travel by making repairs faster and rides smoother.

    The brand identity solidified with the creation of Bibendum in 1898. This friendly figure made of stacked tires became a global symbol of reliability. While the tire business remains the financial engine, the company also built a massive cultural footprint through the Michelin Guide. Originally distributed as a free road map in 1900 to encourage driving and boost sales, the guide evolved into the world's most prestigious restaurant rating system.

    Today, CEO Yves Chapot leads the corporation following Florent Menegaux's retirement in July 2024. The company maintains its position as the top global tire manufacturer while expanding into sustainable mobility solutions like electric vehicle tires and connected technology. Recent expansions of the Michelin Guide include new ratings for Mexican cuisine in San Francisco and hospitality standards in Colorado Springs.

    Products & Sub-brands

    Passenger car tiresTruck and bus tiresAircraft tiresSpace shuttle tiresKleberUniroyalBFGoodrichRikenTaurus

    Frequently Asked Questions

    Who owns Michelin?
    Michelin is a private family-owned company controlled by the descendants of the founding Michelin brothers, though it operates as a public entity with shares traded on the Euronext Paris exchange.
    What is the difference between Michelin stars and Michelin Keys?
    Michelin stars are awards given exclusively to restaurants based on the quality of their food and dining experience, ranging from one to three stars. Michelin Keys, conversely, are ratings assigned to hotels and accommodations to highlight exceptional service and hospitality standards.
    Is Michelin still in business and making tires?
    Yes, Michelin remains the world's largest tire manufacturer and is actively producing tires for cars, trucks, airplanes, and space shuttles. Despite economic fluctuations, the company continues to innovate in sustainable mobility and is expanding its product lines for electric vehicles.
    Where is Michelin headquartered?
    Michelin's global headquarters is located in Clermont-Ferrand, in the Auvergne-Rhône-Alpes region of central France. This city serves as the nerve center for the company's operations, research, and development activities.
    Why does Michelin give out restaurant guides if they sell tires?
    The Michelin Guide was originally created in 1900 by the founders to encourage road travel and increase tire sales by providing drivers with maps and lists of places to eat and stay. Over time, it evolved into an independent cultural institution that promotes gastronomy worldwide.

    Keywords

    tire manufacturerrubber industryMichelin GuideBibendumClermont-Ferrandautomotiverestaurant ratingsYves Chapot

    Sources

    Company Info

    Founded
    May 28, 1889
    Founder
    Édouard Michelin, André Michelin
    CEO
    Yves Chapot
    Headquarters
    Clermont-Ferrand, France
    Industry
    Tire manufacturing, rubber products, hospitality guides
    Parent Company
    Michelin Group (Private family-owned)
    Revenue
    23000000000
    Employees
    140000
    First Removable Tire
    1891
    First Inflatable Spare
    1895
    Mascot Creation
    1898
    Guide Launch
    1900
    CEO Start Date
    July 2024
    First Three-Star Mexican Restaurant
    Californios (San Francisco, 2026)

    Official Website

    www.michelin.com/

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