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Pirelli CEO says company is not currently planning any factory closures

10/29/2024

Less than a minute

2024.10.29 06:31

© Reuters. FILE PHOTO: Pirelli logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo

MILAN (Reuters) – Italian tyremaker Pirelli is not planning to close any of its factories as a response to the crisis of the automotive industry, CEO Andrea Casaluci said at a business conference in Milan.

Casaluci said Pirelli had already restructured its operations in 2018-2019, closing one plant in Britain, and was now working on modernising its production facilities especially in Europe and South America.

10/29/2024

Less than a minute

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