Michelin CEO Predicts 'Mild Recession', Recovery in 2024

The transcript discusses the impact of multiple global crises, including inflation, the war in Ukraine, and supply chain disruptions, on business operations. It highlights the challenges of passing increased costs to consumers and the indirect effects of semiconductor shortages. Economic forecasts suggest a mild recession, with interest rates necessary to control inflation. The transcript also covers sustainable rubber production and Michelin's strategic decisions regarding its Russian operations.

What are the main crises mentioned that have impacted business activities?

How has inflation affected the pricing strategy of the company?

What is the estimated increase in input costs from October 2021 to the latest estimate?

What challenges are faced by the automotive industry due to the semiconductor shortage?

What factors contribute to the difficulty in predicting economic recovery?

What is the company's stance on integrating rubber supply for sustainable production?

What is the company's current position regarding its operations in Russia?