Pirelli says it has no plans to invest in the United States
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2025
0mins
Source: Yahoo Finance
Pirelli's Investment Plans: Pirelli has stated it is not planning any investments in the U.S. despite reports suggesting a potential $1 billion investment in Georgia for smart tyre production during an upcoming visit by Italian Prime Minister Giorgia Meloni to the White House.
Regulatory Challenges: The company faces difficulties in investing in the U.S. due to governance issues related to its largest shareholder, China's state-owned Sinochem, amidst increasing regulatory scrutiny and tariffs imposed by the Trump administration on auto imports.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
