Pirelli Archives - Page 121 of 214 - Tyrepress

Known for its style, speed and performance marketing values, Pirelli & C. S.p.A. is a multinational company based in Milan, Italy, listed on the Milan Stock Exchange since 1922, with a temporary privatization period by the consortium led by the Chinese state-owned enterprise ChemChina.

Tag Archive for: Pirelli

Pirelli talks road and race tyre commonality

Pirelli’s entrance into Formula One tyre supply was informed, in common with most motorsport tyre suppliers, by the desire to enhance recognition of the brand and sell more road tyres. When manufacturers start to market their tyres based on their motorsport involvement, a primary rhetorical stance is often to speak of “race to road” technological advantages; in other words, motorsport research yields certain technologies that help to improve companies’ passenger car tyres. To mark the end of its first season as the sole supplier to F1, Pirelli has released a statement comparing its race and road tyres that reveals where the crossover actually occurs:

25th November 2011/by Tyrepress Editors

Pirelli “most innovative” Ducati supplier

Earlier this month, Pirelli was awarded the Ducati’s 2010 Best Product Innovation Award, an award offered by the motorcycle manufacturer to its most innovative supplier of the year. As a way of determining who receives this coveted award, the Italian firm utilises a committee made up of members of its Purchasing, Technical, Quality and Logistics departments; the committee analyses the performance of its suppliers from all evaluated aspects. In particular, Pirelli gained recognition from Ducati for its work in its development of the Scorpion Trail tyres for the Ducati Multistrada and the new 240/45 ZR17 size Diablo Rosso II for the Ducati Diavel.

23rd November 2011/by Tyrepress Editors

Profumo resigns from Pirelli BoD

Pirelli & C. SpA has announced the resignation of Francesco Profumo from the company’s Board of Directors. Mr. Profumo submitted his resignation following his appointment as Italy’s Minister of Education, Universities and Research in the government being set up under new Prime Minister Mario Monti. In a statement, Pirelli said it “wishes to thank Mr. Profumo, an independent Board member and member of the Strategies Committee, for his valuable contribution.”

23rd November 2011/by Tyrepress Editors

Pirelli to set up Indonesian JV plant

Indonesian automotive component company PT Astra Otoparts Tbk has signed a Memorandum of Understanding with Pirelli to build a motorcycle tyre factory in a yet to be announced location in Indonesia. This plant, Pirelli’s first in the country, will focus on production to meet both local demand and for export to Asean and other global markets.

18th November 2011/by Tyrepress Editors

Tyre failure not the cause of Vettel deflation, says Pirelli

Following what it describes as an “extensive investigation” of the circumstances leading Sebastian Vettel’s tyre-related exit from the Abu Dhabi Grand Prix, Pirelli says its engineers have ruled out the possibility that a structural failure of the tyre was causal factor. “We can confirm that a structural failure was not the cause of Sebastian Vettel’s deflation in Abu Dhabi, a conclusion that we have arrived at together with Red Bull Racing following a detailed examination and analysis of the remains of the tyre,” stated Pirelli motorsport director Paul Hembery. “We cannot rule out debris on the track causing damage to the tyre, which then provoked a deflation, but having looked at the track closely there is no direct evidence of this.”

16th November 2011/by Tyrepress Editors

New generation Diablo Supercorsa launched

Pirelli has premiered its new Diablo Supercorsa, a tyre it says is “perfect for professional riders and motorcyclists who have a sporty riding style but love the racetrack as well.” The newest member of the Diablo range will initially be produced in 120/70ZR17 front and 200/55ZR17 rear sizes and in both a SC (Special Compound) version, which will be showcased during the 2012 FIM Superstock 1000 Cup, plus a SP (Sport Production) race replica version suitable for daily use on the road.

16th November 2011/by Tyrepress Editors

Vettel tyre deflation under investigation, Pirelli reports

Pirelli says its engineers are investigating the sudden deflation of Sebastian Vettel’s tyre, which caused the world champion to retire from the Abu Dhabi Grand Prix with damage to the rear of his car. The tyre deflation marked the end of Red Bull Racing’s streak of podium finishes – the F1 team had a podium presence during the last 19 finishes – and it is also the first time in 19 races that Vettel has retired.

14th November 2011/by Tyrepress Editors

Tyre majors form Hungarian trade association

Seven major tyre makers with individual distribution units in Hungary have joined together to form the Hungarian Tire Association. The association, which will be known by this English name (or by its abbreviation, HTA), boasts Bridgestone, Continental, Goodyear, Hankook, Michelin, Pirelli and Vredestein as its founding members and has been set up to represent tyre manufacturers and distributors with a presence within the country. The HTA also states its purpose is to represent “the legitimate interests of the industry.”

14th November 2011/by Tyrepress Editors

Pirelli talks Abu Dhabi night race challenges

Pirelli says the challenge for its tyres at the Yas Marina circuit in Abu Dhabi, the penultimate round of this year’s Formula One World Championship, will be in maintaining their performance throughout the operating range of temperatures. The race will be run from dusk to nightfall, meaning that track temperatures tend to fall and then stabilise. This affects pace, degradation and wear. In addition to the manufacturer’s 2011 specification tyres, the Abu Dhabi circuit will act as a proving ground for Pirelli’s latest range of development tyres, echoing last year’s first appearance on a contemporary Formula One car.

10th November 2011/by Tyrepress Editors

Apollo gains winter kudos from German TV

Last year, Apollo Tyres introduced its range into Europe, including several winter tyres. As such, it is the first and to-date only Indian tyre maker to market winter tyres in our region. The brand recently received a boost when its winter tyres were favourably reviewed by VOX TV, a national television network in Germany, Europe’s most significant winter tyre market.

10th November 2011/by Tyrepress Editors

Pirelli aiming to be "global premium leader" by 2015

Following the publication of positive nine-month figures yesterday (8 November), Pirelli chairmain Marco Tronchetti Provera today released details of the manufacturer's goals between now and 2015. The headlining statement of intent is the desire to be "global premium leader" (following a so-called "local by local" strategy) by 2015. And in order to achieve this Pirelli is increasing capital investment up to a value of 2.2 billion euros for the period 2011-2015.

9th November 2011/by Tyrepress Editors

Pirelli: all nine-month indicators improved

Pirelli & C. SpA has reported that in the nine months ending 30 September 2011, the tyre manufacturing group saw "all economic indicators improved over the period," with revenues growing by 17.9 per cent to 4,265.8 million euros and profitability – understood as the ratio of the operating result to sales – by 10.6 per cent.

9th November 2011/by Tyrepress Editors

Pirelli takes F1 tyres 'full circle' to Abu Dhabi

Pirelli its range of P Zero F1 tyres and compounds full circle this weekend. The Yas Marina circuit in Abu Dhabi is a significant venue for Pirelli’s Formula 1 tyre program as it is where the racing teams got to try out the P Zero compounds for the very first time at a test following last year’s grand prix. As a result Pirelli is confident that the Abu Dhabi track is the place where it has the most Formula One experience. For the penultimate grand prix of the season, Pirelli will bring the P Zero White medium tyre and P Zero Yellow soft tire to Abu Dhabi, which should be well suited to the 21 corners and two straights that make up the lap.

8th November 2011/by Tyrepress Editors

A minority purchase?

Editorial/Comment

Reading the recent UK winter tyre usage survey commissioned by Manheim Auctions, anyone would think that the concept of fitting winter tyres was a) peculiar and b) a “minority purchase.” The reality is that all across Europe millions of winter tyres are fitted every season and that the numbers of motorist taking the winter option are at an all-time high and growing fast.

8th November 2011/by Tyrepress Editors

Analysts: Pirelli to announce new ambitious targets

The day before Pirelli announces its latest financial results, financial analyst are predicting that the tyre manufacturer is planning to announce new, more ambitious fiscal goals. Pointing out their view that Pirelli's premium strategy will allow it to grow faster than its peers through to 2015, Morgan Stanley suggested the Milan-based would unveil a 2013/14 margin target of 12 per cent or more:

7th November 2011/by Tyrepress Editors