Cars
Ferrari’s Son to Buy Shares in Pininfarina Along With India’s Tata Motors
Pininfarina confirmed today that the son of Enzo Ferrari, Piero (VP of Ferrari) will be among those who will be buying shares in the problematic Italian car design and manufacturing company. The other investors are Indian industrialist Ratan Tata, French financier Vincent Bollore, Alberto Bombassei, the Italian chairman of braking systems maker Brembo and the Italian Marsiaj family, founders of seatbelt maker Sabelt. Currently, the founding Pininfarina family holds a 55% stake in the Italian company but in order to finance a restructuring plan to revive its struggling business, it is willing to reduce it to about 30 percent, which will still allow the family to control the famous company.
Via: Reuters
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Vw Group Completes Purchase Of Italdesign Giugiaro S.p.a
Europe's largest carmaker, the Volkswagen Group, completed the acquisition of Italdesign Giugiaro S.p.A. (IDG) on Monday and now holds a 90.1 percent stake in the Italian design and engineering firm as well as the company's brand name rights...
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Volkswagen Group Buys 90.1% Of Italdesign Giugiaro
Ending days of rumors, the Volkswagen Group announced Tuesday it was buying a 90.1 per cent stake in Italian design firm and Italdesign Giugiaro S.p.A. as part of its global expansion plan, without, however, giving out any information on the financial...
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Indian Debut For Pininfarina-styled Tata Pr1ma Sedan Concept
Following its world premiere at last year's Geneva Salon, Tata brought its oddly named Pr1ma concept car back home for the New Delhi motor show. Designed and built by famous Italian coachbuilder Pininfarina, the Pr1ma is suppose to offer an indication...
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Pininfarina B0: Paris Show Car Previews 2009 Electric Mini
Sign of the times? Perhaps, but fact is that Pininfarina’s Paris Show surprise debut was neither a Ferrari nor a Maserati. Instead the famous Italian design house presented an all-electric city car called the B0 –with a zero and not an ‘O’....
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Pininfarina Hyperion Based On Rolls Royce Drophead Coupe
Italian design house Pininfarina has revealed a teaser sketch of an all new project built for an unnamed private collector that will be unveiled at the Pebble Beach Concours classic car show in Monterey, California, this August. The project, named “Pininfarina...
Cars