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...The Milan-based tyremaker in October struck a partnership with Saudi Arabia’s Public Investment Fund for the construction of a tyre plant in the kingdom....
...The company, which reported revenues of more than €15bn in 2023, was spun off from tyre group Pirelli in 2005....
...Gyasi is the latest photographer whom Italian tyre-maker Pirelli has asked to create its calendar – a tradition that began in 1964 with Robert Freeman, then best-known for his images of The Beatles, and...
...While tyre tycoon Tronchetti Provera remained as CEO through the changes of ownership, tensions have grown in recent years between the company’s Chinese and Italian shareholders, with succession planning...
...ChemChina bought the Italian tyre company Pirelli in 2015 and later merged with state-owned Sinochem in 2021. ChemChina had wanted to list Syngenta earlier but was delayed by the pandemic....
...Meanwhile Bai Xinping, chair of Sinochem’s tyre division CNRC, was replaced by Wang Feng, who will become a Pirelli director at the upcoming shareholder meeting and is described as the antithesis of Tronchetti...
...Milan-based tyre maker Pirelli has announced a new succession plan after chief executive Marco Tronchetti Provera’s designated successor, Giorgio Bruno, decided to leave the company....
...Like other tyremakers, Pirelli is developing microchips to broadcast information about tyre usage, maintenance requirements and, potentially, geolocation data....
...Meloni’s office said a specific technology that allowed for the geolocation and collection of drivers’ information through a microchip installed on the tyres was critical and of national strategic importance...
...This year the commission also raided tyre companies including Pirelli and Michelin for suspected cartel activity. None of the companies responded to requests for comment....
...Pirelli declined to comment but is expected to publish a statement later on Sunday....
...Tyres are hardly strategic assets. And the Chinese chemicals group has ceded operational control to Tronchetti Provera....
...Sometimes I turn up to Maranello and the Pirelli truck is next to ours. So I know that if our tyres are not ok, it’s because the Pirelli is better....
...(The not-for-profit is funded by tyre company Pirelli.)...
...The pungent installation is a new iteration of Nari Ward’s “Super Stud”, a work the artist first made in 1994 and which he has recreated as part of Ground Break, a Herculean retrospective at the Pirelli...
...Under its broad brush powers, Rome deemed Pirelli’s tyre technology, which includes chips that can access users’ personal information and geolocalisation data, to be a strategic asset....
...Plus, Italy has stripped China’s Sinochem of its influence as the largest shareholder in the Italian tyremaker Pirelli....
...The tyre takeover testing Italy’s relations with Beijing Pirelli, the 150-year-old Milanese “Prada of tyres” is every bit as Italian as the Ferraris, Lamborghinis, and Maseratis that spin its rubber....
...Pirelli is looking at embedding high-tech chips that are capable of sending geolocation data, other kinds of information about tyre conditions, road conditions, but also the locations of vehicles....
...The Italian government may be partly motivated by protectionism but it also cited Pirelli’s advanced Cyber Tyre, which collects and transmits driving data, as a rationale for curbing China’s influence in...
...In part, Liberty has been able to make up for time pressure by adding races in new destinations such as Saudi Arabia and Qatar, which are known to pay higher fees to F1 than the historic tracks such as Spa...
...Italian tyre manufacturer Pirelli releases full-year earnings. French food services group Sodexo reports half-year numbers....
...Last week, Prime Minister Giorgia Meloni’s cabinet approved measures to curb Chinese group Sinochem’s influence over tyremaker Pirelli, whose technology was deemed strategically relevant for national security...
.... €73.77, demarchi.com Pirelli P-Zero Race TLR Smart EVO TyreThis is the brand’s fastest road tyre (claimed to be 24 per cent faster than its previous model) and is constructed with an inner surface lining...
...Tyre pressure: The story behind Pirelli’s sale to China, and whether one of Italy’s motorsport crown jewels holds national security secrets....
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