Last updateTue, 31 Mar 2015 8pm

#Deal: Mahindra in talks to buy legendary Italian design outfit Pininfarina

Indian auto giant Mahindra and Mahinda has reportedly expressed an interest to buy the legendary Italian luxury car designer Pininfarina, according to reports.

The Italian firm confirmed Mahindra’s interest but said there are no binding agreements as yet.

Reuters quoted a Pininfarina source as saying that a possible deal would need the baking of the company’s controlling shareholder Pincar and of the group’s creditor banks.

Founded in 1930, Pininfarina is responsible for some of the most beautiful cars ever produced – from the achingly beautiful Maserati A6 of the 1940’s through the legendary Ferrari 250 series of the 1960’s and 70’s all the way to more contemporary designs such as the stylish Volvo C70.

A deal with Mahindra and Mahindra would be a welcome boon for both companies.

Pininfarina has lost money for 10 of the past 11 years and is in urgent need of investment.  Mahindra and Mahindra – part of the cars to defence and energy conglomerate Mahindra Group – desperately needs the kind of design flair that Pininfarina is famed for as the Indian company looks to expand overseas. 



Photo Gallery- Featured

  • latest Post

  • Most Read

Addmotor Electric Bike| Electric bike shop / electric bicycle shop Electric bike review| Electric trike| Fat tire electric bike| Best electric bike| Electric bicycle/E bike| Electric bikes for sale| Folding electric bike| Electric mountain bike| Electric tricycle Mid drive electric bike| Juiced Bikes Pedego Rad-Power

Tomtop| Online shop| Online Einkaufen

地產代理/物業投資| 租辦公室/租寫字樓| 地產新聞| 甲級寫字樓/頂手| Grade A Office| Commercial Building / Office building| Hong Kong Office Rental| Rent Office| Office for lease / office leasing| Office for sale| Office relocation

DecorCollection European design furniture| sofa hk| sofas| beds| coffee tables| dining tables| dining chairs| sideboards| furniture hk| Cattelan Italia| Koinor

International schools hong kong| Wycombe Abbey| private school hong kong| English primary school Hong Kong| primary education| boarding school Hong Kong| Wycombe Abbey School

邮件营销| 電郵推廣| 邮件群发软件| Email Marketing| 搜尋引擎優化 SEO

QR code scanner| inventory management system| labelling| Kiosk| warehouse management|