Michelin's president warns none of his four factories have secured their future for more than 10 years

Michelin Spain, president and CEO of Portugal, has warned that none of its four plants has a secure future of more than 10 years, so it has called for continuing to fight for value-added tyres.

Moñux participated in a forum held today in Vitoria-Gasteiz, where Michelin has the largest factory in the state with 3,300 employees. 

Moñux himself was director of the factory in the Alavesa capital in 2022 and 2023, while Michelin has factories in Lasarte-Oria, Aranda de Duero and Valladolid, with a total of 7,300 workers.

Michelin's president has explained that the automotive industry is going through "a crucial moment , in the midst of geopolitical conflicts, with tremendous uncertainty about access to raw materials, and the rapid and intense evolution of technology and competition. "

"Europe cannot be content with a large open market, it cannot confine itself to regulating the industry that others develop, it must take the lead, with ambition, with regulatory simplification, with legal certainty, with a long-term vision that creates confidence. This will attract investment, "he summed up.