Indian Mahindra Closing In On Purchase Of Italian Designer Pininfarina

Pininfarina’s controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer.

There are no binding agreements between the parties regarding a purchase by Mahindra, shareholder Pincar said in a statement distributed by the Italian stock exchange today.

Owned by the Pininfarina family, Pincar holds 76 percent of the company, according to data compiled by Bloomberg.

Read Article

TheSteve - 3/26/2015 2:53:29 PM

+2 Boost

Pininfarina has designed some of the most beautiful cars in the world, including the classic Ferraris. I wish Ferrari would invite them back!

MDarringer - 3/26/2015 8:10:42 PM

-3 Boost

Pininfarina = pointless at that juncture

MDarringer - 3/26/2015 8:11:10 PM

0 Boost

Though it is too bad that FCA doesn't own them.