India, June 11 -- French tyre maker cites changes in the passenger car and light truck market in the decision to shut the Queretaro facility by the end of 2025

Michelin Group plans to close its tyre manufacturing plant in Queretaro, Mexico, by the end of 2025, citing shifts in the passenger car and light truck tyre market as the primary driver behind the decision.

The French tyre manufacturer said it would halt production at the facility, which currently produces fewer than 0.5 million BFGoodrich brand tyres annually for passenger cars and light trucks. The plant also operates a retreading belt production line for truck tyres.

The closure marks the latest example of automotive suppliers adjusting their manufacturing footprints as glob...