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    1. Michelin CFO sees two major changes post-Covid: More durable materials and electrification

      Yves Chapot, chief financial officer at Michelin, discusses the company's full-year 2020 results.

      Against the backdrop of a global pandemic, the Group reported sales of €20 billion, down 15%, and segment operating income of €1.9 billion, representing 9.2% of sales.

      Watch the Video at MSN Canada.

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    2. GM Merger With Ford Looks More Likely

      Fiat Chrysler Automobiles proposed a merger with Renault that would create the world's third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors' need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable. 

      Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant ...

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