Pirelli Archives - Page 190 of 210 - 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.

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Pirelli and Metzeler Top MCN Tyre Guide

Pirelli and Metzeler brand tyres have topped Motor Cycle News’ (MCN) “Ultimate Tyre Test.” Broken into 3 distinct categories – Sports, Performance and Extreme – MCN tested the tyres at Michelin’s purpose built tyre testing facility at Clermont-Ferrand, France. In addition to Pirelli and Metzeler, Michelin Pilot Power, Avon Viper Sport, Dunlop D208, Pirelli Diablo and Bridgestone BT014 tyres were examined. In each discipline the tyre testers looked atride quality, feel under braking, feel turning in, cornering grip, steering precision, flickability, drive out of turns, confidence. A maximum of 10 points were available for each test.

4th July 2005/by Tyrepress Editors

Pirelli Looks Towards India?

Indian news sources have reported that Pirelli is setting up a “liaison office” in Dehli, inferring that the company plans to start production in the country. According to the reports, the new office will be led by Pirelli executive Lorrenzo Arrigone. In the past there have been rumours about a possible investment worth $500 million, although nothing has materialised to date.

1st July 2005/by Tyrepress Editors

Niznekamskshina Looks to Global Cooperation

Management company Tatneft-Neftekhim’s CEO Zagit Sharafeev announced that European tyre makers Michelin, Pirelli and Nokian have expressed their intention to invest 30 million euros in the expansion of agricultural machinery tyre production at Nizhnekamskshina. The investment will be in the form of technology transfers and equipment supplies. “In our view, Nizhnekamskshina should benefit from the cooperation with the global tyre majors,” Russian CentreInvest analysts reported. cja

24th June 2005/by Tyrepress Editors

BFGoodrich to Compete in World Rally Championship

The 2006 World Rally Championship will not be a battle between Pirelli and Michelin, but BFGoodrich and Pirelli. The French manufacturer has decided to substitute Michelin name for the brand that uses to compete in the Rally Raid World Cup.

17th June 2005/by Tyrepress Editors

Pirelli and Roadone Sign Chinese JV Contract

Pirelli and Roadone Tyre have signed a joint-venture contract to manufactue all-steel radial truck tyres in the Shandong Province. The transaction, which is expected to be completed within the year, is subject to the approval of the relevant authorities.

16th June 2005/by Tyrepress Editors

Pirelli Supports Le Mans Teams

Pirelli is to support to some “top teams” that it says have “an optimum chance of acquitting themselves well” at this year’s 24 Hours of Le Mans race. The legendary French endurance race, which will take place from 18 to 19 June, will see Pirelli support squads entered in three of the four categories permitted.

15th June 2005/by Tyrepress Editors

Pirelli Introduces Fourth MIRS Line At Georgia

Less than three years ago, the Governor of Georgia and Guy Mannino, President of Pirelli Tire North America (PTNA), pushed the button to start production at Pirelli’s first Modular Integrated Robotized System (MIRS) module in North America, in Rome, Georgia.

14th June 2005/by Tyrepress Editors

F1 Statistics: Michelin Hot on Dunlop’s Heels

If Michelin can continue its recent run of Formula 1 success by winning in Montreal, the French tyre maker could find itself moving up a place in the sport’s list of all-time greats. Goodyear is top of the pile when it comes to F1 tyres suppliers, but this is mainly due to its position as exclusive supplier for many years. Goodyear leads with 368 victories (between 1962 and 1998), while Bridgestone is in second place with 94 victories (1997 to 2004). Dunlop has clocked up 83 successes (1958 to 1970).

8th June 2005/by Tyrepress Editors

Pirelli Sells Cable Business to Goldman Sachs for 1.3 billion euros

Pirelli & C SpA has sold its Energy and Telecom Cables and Systems business to Goldman Sachs for 1.3 billion euros. So what will the investment company get for its money? In 2004 the cable business turned over more than 3.2 billion euros, with an operating income (EBIT) of more than 110 million. The transaction includes intellectual property rights and Pirelli brand licensing for two years. While the business itself employs 12,000 people in its 52 plants around the world.

2nd June 2005/by Tyrepress Editors

UHP Tyres – More Than a Tuning Accessory

Wide and super wide tyres are developing into the first choice tuning accessories for cars, usually in combination with trendy light alloy wheels. One out of every four people interested in tuning fits their vehicle with alternative wheels, and a majority of these bump up the size of their wheels by one or two inches. Of these there are two kinds of customer – those that upgrade their rims but keep the same tyre size, and those that ‘tune’ their alloys, switching for more modern designs, while replacing tyres like-for-like.

2nd June 2005/by Tyrepress Editors

Pirelli Launches World’s First ‘Telephone Tyre’

Pirelli has introduced a range of interactive tyre technologies including the X-Pressure AcousticBlue, a bluetooth compatible tyre pressure monitoring system (TPMS) and an upgraded version of its Safety Wheel self inflation system – now redesigned for SUVs. At the same time, the Italian manufacturer announced the expansion of its existing range of run flats.

According to the company, the X-Pressure AcousticBlue (available from September) is a world first. Pirelli reports that the development of this mobile based TPMS was motivated by the “often too broad and potentially insufficient” legal regulations. In response the company is offering high-level tyre pressure monitoring capabilities to anyone who owns a Blue Tooth compatible mobile phone. By utilising the new this system Pirelli is offering customers a higher level of tyre pressure awareness, the company says.

18th May 2005/by Tyrepress Editors

Pirelli Earns Ford Honour

(Akron/Tire Review) Pirelli Pneumatici SpA received Ford Motor Co’s Gold World Excellence Award, recognising the manufacturer’s performance in quality, cost and delivery. In all, Ford honoured 52 suppliers from 21 countries, but only 17 received the Gold World Excellence Award, according to Pirelli.

13th May 2005/by Tyrepress Editors

Four More Companies Announce Price Increases

(Akron/Tire Review) Four more tyre companies jumped on the price hike bandwagon yesterday, following up on increases announced recently by Bridgestone/Firestone North American Tire, Michelin North America, Pirelli Tire North America and Continental Tire North America.

4th May 2005/by Tyrepress Editors

Pirelli Pays 2 – 3 cent Dividend

The general meeting of Pirelli & Co has approved the distribution of a shareholder dividend of 0.0210 euros per ordinary share and 0.0364 euros per savings share.

3rd May 2005/by Tyrepress Editors

Pirelli To Build Specialist Cable Plant in Brazil

Pirelli has started work towards the construction of a special cable factory in the Brazilian State of Espirito Santo (Vila Velha). The “umbilicals” produced will be used in offshore oil platforms, the company says.

3rd May 2005/by Tyrepress Editors