Article: Bridgestone holds tight to top spot for 2006; Bridgestone Corp retained its spot as the world's largest tyre maker in 2006, just barely ahead of Michelin, behind an 11-percent spurt in sales.(Global Tyre Report)

Byline: Bruce Davis ERJ Akron bureau

A 5.6-percent shift in the value of the yen against the dollar during the year nearly halved Bridgestone's growth in dollar terms. The two competitors ended the year in a virtual tie, based on tyre-related sales, with Bridgestone at $19 400 million ([euro]13 800 million) and Michelin at $19 300 million.

Michelin posted a sales gain of 5.1 percent, and the euro-dollar exchange rate shifted only 1 percent.

Bridgestone's claim to the top spot is bolstered by its 44-percent holding in Turkey's Brisa Bridgestone Sabanci Tire Mfg. Co Ltd. Bridgestone and Turkey's Sabanci Holdings hold equal shares in the company, ...

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