On the heels of what the company calls "improved" results, Pirelli & Cie SpA's Francesco Gori is leaving as managing director of Tyre & Parts. He also was general manager of the Pirelli Tyre business sector.
Tags: Francesco Gori, Marco Tronchetti Provera, Pirelli financials
Pirelli & C. SpA recorded net revenue of 440.7 million euros on consolidated net sales of more than 5.6 billion euros for its fiscal year ended Dec. 31, 2011. That compares to revenue of 4.2 million euros on sales of more than 4.8 billion euros for fiscal 2010.
Tags: Pirelli financials, Raw material costs
Pirelli & Cie SpA recently shared its global vision for the company with investors. As part of its "industrial plan," the company updated its goals for next year and beyond.
Tags: Francesco Gori, Mexico, OE tires, Pirelli financials, Plant capacity
Pirelli Tire Inc. will raise prices by up to 7% on all of its consumer tires in Canada effective Dec. 1, 2011.
Tags: Consumer Tires, Pirelli financials, Price increase
For the fifth year in a row, Pirelli Tire North America has been confirmed the world leader in the Autoparts and Tires sector in the Dow Jones Sustainability Europe and Dow Jones Sustainability World indexes. Pirelli earned a total score of 91, compared with a sector average of 53.
Tags: Dow Jones Sustainability Europe Index, Dow Jones Sustainability World Index, Pirelli financials
Pirelli & Cie SpA recorded net income of 158.8 million euros on sales of 2.8 billion euros of the first half ended June 30, 2011. That compares to income of 77 million euros on sales of more than 2.3 billion euros for the same period last year.
Pirelli Tire Inc. in Canada will raise prices 5% on its summer and all-season passenger and light truck tires effective July 1, 2011.
Tags: Pirelli financials, Price increase, Raw material costs
Pirelli & Cie SpA recorded consolidated net income of 81.4 million euros on net revenue of 1.4 billion euros for the first quarter ended March 31, 2011. That compares to revenue of $38.9 million euros on sales of 1.1 billion euros for the same period last year.
Tags: Pirelli financials, Price increases, Raw material costs
Top executives from Pirelli & C. SpA. talked about the company's positioning in Latin America during a conference call in Italy March 15.
Tags: Francesco Gori, Latin America, Marco Tronchetti Provera, Pirelli financials
Tire manufacturers and marketers increased domestic replacement consumer tire prices anywhere from one to three times over the course of 2010. Passenger and light truck tire prices have risen due to rising raw material and transportation costs.
Tags: Bridgestone financials, Consumer Tires, Continental financials, Cooper Financials, Goodyear financials, Hankook financials, Kumho Financials, Michelin financials, Pirelli financials, Price increase, Raw material costs, Toyo Financials, Yokohama financials
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Kumho Tire U.S.A. Inc. will raise prices by up to 6.5% (excluding in-line adjustments) on its full line of passenger, light truck and medium truck tires, effective Nov. 1, 2010. The amount of the increase will vary by product line.
Tags: Cooper Financials, Goodyear financials, Hankook financials, J.B. Kim, Kumho Financials, Pirelli financials, Raw material costs
Hankook Tire America Corp. will raise prices by up to 6.5% on its full line of passenger, light truck and medium truck tires, effective Nov. 1, 2010. The amount of the increase will vary by product line and size.
Tags: Cooper Financials, Goodyear financials, Hankook financials, Pirelli financials, Raw material costs
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