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Italy's Pininfarina family is set to lose control of the car design company
02-15-2012, 09:29 AM
Post: #1
Italy's Pininfarina family is set to lose control of the car design company
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Photo credit: Pininfarina
February 15, 2012
By: CF staff

[Image: 6692449431_44dedaafeb_b.jpg]
Pininfarina, designer of dream cars like the Ferrari FF, posted a 16.9 million euros loss in the first nine months of 2011 after closing its manufacturing operations to re-invent itself as a smaller niche design player.

An agreement with creditor banks including Intesa Sanpaolo , UniCredit, Mediobanca and Banca Monte dei Paschi di Siena to restructure net debt of 76 million euros is on track and will be reached in the coming months, said three sources close to the situation.

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02-15-2012, 11:10 AM
Post: #2
RE: Italy's Pininfarina family is set to lose control of the car design company
Uh oh. All the good companies are struggling.

I love pussy, I love bitches, dude I should be runnin' PETA.
I am a follower of the Kobe System.
[Image: rotarykingsig.jpg]
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02-15-2012, 11:52 AM
Post: #3
RE: Italy's Pininfarina family is set to lose control of the car design company
ummm soooo???

Have you not seen most of their designs???


Cadillac Allante anyone???

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Dont Make Me Get All AWCC Up In Here...
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