Michelin’s sales drop 2.4% y/y to USD6.53 billion in Q1 2014
Passenger car sales slip 2.4% y/y
Michelin’s net sales decreased 2.4% year on year (y/y) to EUR4.75 billion (USD6.53 billion, 31 March 2014) in the first quarter (Q1) of financial year (FY) 2014 compared with the same quarter of the previous year, according to the company’s press release.
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