UK: There is a slightly improved look to the overall performance of share prices of major tire makers after the steep declines seen across the board in 2018. Nearing the end of the first half,Michelin shares were in strong recovery mode on the Paris stock exchange - making up much of the ground lost last year. And,with the exception of Goodyear,other major tire makers have,at least,’steadied the ship,’ERJ's latest analysis indicates. In a review supplied to ER],Pelmar Engineering chairman Jacob Peled linked the ongoing decline in Coodyear's share price partly to it having”too centralised control from Akron and restrictions on Capex.”
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