Transportation

Pirelli’s Talks With Sinochem Over US Rules Were Unsuccessful

An employee inspects an automobile tire at a Pirelli production plant.
Photographer: Erica Canepa/Bloomberg

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By Antonio Vanuzzo

May 14, 2025 at 4:43 PM UTC

Updated on

May 14, 2025 at 5:46 PM UTC

Negotiations between Pirelli SpA and Sinochem International Corp. to reduce the influence of the Chinese investor over the tiremaker and comply with new US rules ended without a deal.

The Italian company held talks over its shareholder structure with the Chinese investor as US laws prohibit the import or sale of connected vehicles with specific pieces of hardware or software linked to the Asian country.