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Car industry

World news about “Car industry” published by euronews.

23/03 13:36 CET

ChemChina to buy Italian tyre maker Pirelli for €7.1 bln

ChemChina to buy Italian tyre maker Pirelli for €7.1 bln

China National Chemical Corp (ChemChina) has agreed to buy Pirelli, the world's fifth largest tyre maker, for 7.1 billion euro. The deal, that will put the 143-year Italian firm in Chinese hands, is the latest in a series of takeovers made in Italy by cash-rich Chinese…