• Pirelli Declares Independence from Chinese Control

    April 29, 2025

    Pirelli announced that Sinochem no longer exercises control over the company, a development confirmed alongside strong 2024 financial results. Pirelli reported a 1% rise in net profit to €501.1 million and a 1.9% increase in revenue to €6.77 billion.

  • Jinyu Completes Vietnam PLT Project

    April 28, 2025

    Chinese tyre maker Jinyu Tire Group has completed the passenger car tyre project in Vietnam as part of its strategy to return to the passenger vehicle tyre market. The group fully commissioned the plant, which can manufacture 10 million high-performance s

  • Chinese tyre maker Linglong to invest $1.19 billion in Brazil factory

    April 28, 2025

    China's Shandong Linglong Tire is investing USD 1.19 billion to build a new tyre manufacturing plant in Ponta Grossa, Brazil, through a joint venture with SUNSET S.A. The facility, targeting an annual output of 14.7 million tyres, highlights Linglong’s

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