Michelin and Faurecia to Invest 140 Million Euros in Symbio Hydrogen Mobility Joint Venture
When Michelin took over the bankrupt Citroën company in 1935, they believed the effort the company had put into engineering the Traction Avant poised it for a profitable future. They were correct, by 1937 Citroën had ramped up production and was making money. These days, Michelin is intrigued by the …