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Michelin CEO sees mild recession, car market rebound by 2024

Michelin worker inside plant
(Bloomberg)
B
By:
Bloomberg
July 10, 2022 12:21 PM

Vehicle sales crimped by semiconductor shortages may take until 2024 to recover, even assuming the global economy endures a mild recession rather than a deep slump, said the chief executive of French tiremaker Michelin.

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