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SWOT Analysis of Michelin With USP
SWOT Analysis of Michelin With USP
Marketing Analysis
Michelin
Sector Automobiles
STP
2-wheeler, passenger, luxury, SUVs. LT, HT, trucks. Bus and specialty equipment
Target Group manufacturing companies
SWOT Analysis
6. They have diversified portfolio with products in almost all the segments.
7. They offer Maps and Guides and have an excellent service Via Michelin that
Strengths helps in planning a trip along with their 24/7 online shopping.
1. Stiff competition from existing tyre brands
2. Not entered the emerging economies in a big way
Weaknesses 3. Over leveraged financial position
5. Introduction of other transport facilities like metro, monorails and local trains
keeping pollution hazards caused by combustion of automobile fuels.
Competition
1. Yokohama Tyres
2. Sumitomo
3.Cooper Tires
4. Goodyear
5. Bridgestone
6. Pirelli
Competitors 7. Continental