Hints and tips:
...Michelin’s relative de-rating to auto suppliers provides a late-cycle mispricing opportunity in our view....
...In recent years, like-for-like price inflation has also outpaced peers at 4-5%, compared to e.g. 2-3% for Auto Trader....
...On their side they have the FOS’s previous position, the S.166 report, and years of precedent....
International Edition