Michelin Expands X Line Grip D Range with a Retreaded Tire for Heavy Trucks
Michelin is enhancing its commercial offerings in the long-haul truck tire segment by introducing a retreaded X Line Grip D tire and expanding its size range on Monday. This expansion meets the demand validated by fleet operators since the product's launch in 2025.
The X Line Grip D tire, launched in 2025, has proven its ability to provide better traction and increased operational efficiency in real-world conditions. In response to this market validation, Michelin is now introducing a retreaded X Line Grip D tire as well as new sizes for long-distance and regional applications in North America. "The expansion of the X Line Grip D range reflects our commitment to delivering unmatched performance throughout every mile of the tire's life," says Yahn Heurlin, Vice President of B2B Marketing at Michelin North America. This extension creates an integrated solution combining new and retreaded tires for fleets demanding consistent performance.
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At the core of the X Line Grip D tire is the DURACORE carcass, designed for maximum durability and retreading capability. The design aims for a potential of up to one million miles with up to four successive retreads, allowing operators to reduce the total cost of ownership. The retreaded X Line Grip D tire is designed with the same tread pattern and compound technology as the new tire, preserving traction, wear resistance, and operational efficiency throughout the carcass's lifecycle. The product offers 20% more mileage compared to the Michelin XDN2, the lowest rolling resistance against leading competitors, and improved wet start traction, whether the tire is new or worn.
SectorAutomobile et mobilité›Équipementiers automobiles
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Context
Period
Period: 9M 2026
Key reported figures
Revenue: 19 175 millions d'euros
Quarterly revenue: 19 175 millions d'euros
Revenue growth: -0,5 %
Guidance from the release
Michelin confirms its full-year guidance, targeting growth in segment operating income at iso-forex and iso-scope compared with 2025, and over €1.6 billion in free cash flow before M&A.
Risks mentioned
Faiblesse persistante de la Première monte, qui fait reculer les volumes pneumatiques du Groupe de 0,8 % à fin septembre, en particulier en Tourisme Camionnette en Europe et en Amérique du Nord (en Chine, les ventes du Groupe progressent sur un marché en recul de 7 %)
Concurrence des pneumatiques importés à bas prix, notamment d'Asie, qui pèse sur les marques Tier 2 en Amérique du Nord, Tier 3 dans les principales régions et sur le Poids lourd en Amérique du Sud
Faiblesse persistante des Convoyeurs, liée à la prudence des clients miniers en matière de dépenses et à la faiblesse du marché du minerai de fer, notamment en Australie
Opportunities identified
Expansion de Polymer Composite Solutions soutenue par les acquisitions de Cooley Group, Flexitallic et TexTech en 2026 (chiffre d'affaires +21,9 % publié, -2,7 % hors effet de périmètre à cause des Convoyeurs)
Activité Mines en croissance, avec des gains de parts de marché, qui compense la pression sur le Hors-la-route (segment Spécialités -0,9 % publié, +0,4 % à périmètre comparable)
Dynamique positive de la marque MICHELIN en Remplacement avec volume de +4% en fin septembre
Outlook / guidance
Management commentary: Michelin confirms its full-year guidance, targeting growth in segment operating income at iso-forex and iso-scope compared with 2025, and over €1.6 billion in free cash flow before M&A.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
