Pirelli's Commitment to Production

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

Casaluci indicated that Pirelli had previously restructured its operations in 2018-2019, which included closing one plant in Britain. The company is now focusing on modernizing its production facilities, particularly in Europe and South America.