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Pirelli unveiled a $1.2 billion U.S. expansion plan for tire production, including Cyber Tyres, following Italian government intervention to curb Chinese investor Sinochem's influence.
Pirelli shareholders approved a new board dominated by Italian investor Camfin, reducing Chinese state-owned group Sinochem's influence amid government restrictions. CEO Andrea Casaluci is expected to
Pirelli raised prices to mitigate raw material cost inflation from the Middle East crisis, confirming 2025 forecasts. Analysts estimate a €20 million net impact on 2026 results, with price actions eff
China's Sinochem announced it may lodge a legal appeal against Italy's government curbs limiting its influence over tyre maker Pirelli, where it holds a 34% stake. The company expressed deep regret an
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