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Pirelli & C. S.p.A.
PLLIFConsumer CyclicalOTCIT
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Pirelli said it had instructed lawyers to take legal action after Grizzly Research published a report on Thursday. Grizzly claims Pirelli derives more profits from its Russian operations than its public disclosures suggest.
Pirelli & C. S.p.A. (PLLIF) Q1 2026 Earnings Call Transcript
Pirelli will start producing Cyber Tyres in the United States, it said on Wednesday, after Italy curbed the influence of the premium tyre maker's Chinese investor Sinochem in a bid to help its expansion across the Atlantic.
Italian tyremaker Pirelli on Wednesday signed a partnership deal with Swedish company Univrses and acquired a 30% stake in the firm, with an option to reach a majority stake, to integrate AI-based computer vision technologies into its Cyber Tyre system, the companies said in a joint statement.
Italian premium tyremaker Pirelli said on Thursday it had activated a "mitigation plan" to limit the effects of the ongoing Middle East crisis, which includes price increases and additional cost cuts.
China's Sinochem said on Monday it may lodge a legal appeal against curbs set by Italy's government to limit its influence over tyre maker Pirelli.
