PARIS, Feb 24 (Reuters) - French tyremaker Michelin said on Tuesday it expected a mid-single digit rise in raw mateial prices in 2004 but said rubber prices could increase between 10 and 15 percent. "Global raw material prices will increase much less than in 2003, well below 10 percent, mid-single digit," Chairman Edouard Michelin told a news conference on the group's 2003 results. In 2003 raw material prices rose 21 percent, taking a 320 million euro bite out of Michelin's operating ...
Premium Content (PAID Subscription Required)
"Michelin eyes higher raw material prices in 2004" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.