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Michelin Sales Drop 8.3% in First Quarter

Michelin Sales Drop 8.3% in First Quarter

Sales for Michelin Group declined 8.3% during the first three months of 2020, and tire volumes fell by 11.7% during the first quarter, as the coronavirus took its hold on the world economy.

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Associations Ask Trump For Import Duty Amnesty

The Auto Care Association and other trade associations are urging President Trump to delay collection of all duties and fees on imports through June 2020. The delay would be retroactive to last month.