Late Michelin Chief to Receive Honor

Calstart said the award was “for his vision and global leadership to further advance transportation technologies.”

The award will be presented at a luncheon on Sept. 6 at Caltech in Pasadena, Calif. Receiving the award will be Damien Michelin, Edouard’s brother.

“This year’s Blue Sky Award winners are at the forefront of the fight to combat global warming, ensure our energy independence and to create sustainable, quality jobs,” said Calstart President and CEO John Boesel. “Mr. Michelin’s legacy is unparalleled in clean transportation: he introduced a genuine competitive spirit and gave global recognition to the need for – and development and marketing of – more fuel efficient technologies. This action matches the award’s vision: taking clean and sustainable transportation products to the marketplace.”

The Goodyear Tire & Rubber Company said its first quarter 2024 sales were $4.5 billion, with tire unit volumes totaling $40.4 million. For the first quarter, Goodyear's net loss was $57 million compared to a Goodyear net loss of $101 million a year ago. Leadership said the year-over-year improvement was driven by increases in segment operating income. The 2024 period also included items like, on a pre-tax basis, Goodyear Forward costs of $28 million and rationalization charges of $22 million, compared with pre-tax rationalization charges of $32 million in 2023. Goodyear said Goodyear Forward costs are comprised of advisory, legal and consulting fees and costs associated with planned asset sales.