Press Releases

  • Hyperion

  • Hyperion, the new Pininfarina one-off car, unveiled at the 2008 Pebble Beach Concours d’Elegance.

  • 18 August 2008
  • Pininfarina Group: Appointments of New Officers and New Assignments in the Sign of Corporate Continuity

  • Turin – August 12, 2008. The Board of Directors of Pininfarina S.p.A. met this morning for the first time since the tragic demise of Andrea Pininfarina, to whom his brother Paolo Pininfarina paid homage with the following opening remarks: “Meeting today for the first time without your leadership, I join my sister, the entire Board of Director and the Board of Statutory Auditors in beginning our meeting by expressing, before your wife, your children and your parents, our heartfelt and full appreciation for those values of integrity, humility and loyalty that you always embraced with great determination and courage, and with the reserved demeanor of a man focused on results. These same value were emphasized by His Eminence the Archbishop Severino Cardinal Poletto in his homily and in the deeply moving address delivered yesterday by your children. The Board of Directors of Pininfarina embraces these values so that Pininfarina may always follow your high example without reservations and to ensure that these values continue to be the principles guiding the Company as it pursues growth and success along the path that your have so clearly defined.”

      …

  • 12 August 2008
  • Loss of Andrea Pininfarina

  • Turin, August 7, 2008

    Andrea Pininfarina, Chairman and Chief Executive Officer of Pininfarina SpA, was the victim of a traffic accident this morning in Trofarello, in the province of Turin.

    “Our family has been stricken by an immense tragedy,” said Senator Sergio Pininfarina, the Company’s Honorary Chairman, “but we are determined to keep Andrea’s memory alive in all of us.”

    “The best way to honor my brother’s memory,” said Paolo Pininfarina, Deputy Chairman of Pininfarina SpA, “is to continue to pursue with undiminished strength and determination the path that he had chosen for the Company."

  • 7 August 2008
  • PRESS RELEASE

  • Turin, August 1, 2008

    Pininfarina S.p.A. announces that it signed today a Standstill Agreement with its lender banks. Pursuant to the agreement, the banks will not to demand the repayment of outstanding indebtedness, while Pininfarina S.p.A. will continue to pay the accrued interest on the stipulated due dates.

    The Standstill Agreement was signed in preparation for the agreement to reschedule/refinance Pinifarina’s debt exposure, which is currently being negotiated. It will be in effect until September 30, 2008 or the date when the abovementioned debt restructuring agreement is signed, whichever comes first.
    The Standstill Agreement was signed by all of the lender banks with the exception of Fortis Bank, with whom Pininfarina executed a separate agreement on June 25, 2008.

     …

  • 1 August 2008
  • Pininfarina Nido wins the ADI Compasso d’Oro Award

  • Nido, a prototype in safety research which had its world preview at the Paris Motor Show in 2004, has won one of ADI’s most prestigious awards.

    Turin, 26 June 2008. Pininfarina is proud to announce that the International Jury of the 21st ADI Compasso d’Oro Award has selected the concept car Nido for the ADI Compasso d’Oro Award in the section dedicated to projects which anticipate new trends in transportation design.  …

  • 26 June 2008
  • Alenia Aeronautica and Pininfarina: a long-term partnership on High-Tech and Design “made in Italy”

  • Within a long-term partnership between Alenia Aeronautica, a Finmeccanica Company, and Pininfarina Extra (Pininfarina Group) – which will cover also testing, aerodynamics, mock-up, 3D animations – , Alenia is studying the development of a new-conception interiors signed Pininfarina, offered as an option for the Sukhoi Superjet 100. The aircraft is the most modern and ecological 95-seat regional transport jet available on the market and is made by Sukhoi Civil Aircraft Corp. (SCAC) in collaboration with Alenia Aeronautica.  …

  • 5 June 2008
  • Quarterly Report of the Pininfarina GROUP

  • THE DATA, IN LINE WITH THE INDUSTRIAL PLAN, CONFIRM THE TURNAROUND IN THE GROUP’S OPERATING PERFORMANCE: EBITDA IN THE BLACK AND EBIT LOSS HALVED COMPARED WITH THE FIRST QUARTER OF 2007. …

  • 12 May 2008
  • Pininfarina to set up a Centre for research, design and engineering in India with support from Tata

  • Tata has expressed interest in participating Pininfarina’s planned capital increase

    Turin April 24th, 2008 – Pininfarina intends to establish a Research, Design and Engineering Centre in Pune, India within the end of 2008. Pininfarina and Tata have signed a Letter of Intent wherein Tata will support this Centre in India with contracts and participate with a minority interest. Pininfarina will be the majority shareholder with management responsibility.

    “This agreement witnesses the great attention Pininfarina is dedicating to an emerging and highly developing market such as the Indian one”- declares Andrea Pininfarina, Chairman and CEO of Pininfarina S.p.A.- “Thanks to our partner, one of the worldwide major automotive manufacturers with strong roots on the Indian market, we will reach a higher excellence level in the design and engineering sectors”.

    The Centre - that will be able to provide its services also to other Indian and international automotive manufacturers - enlarges the Pininfarina offer of services to the OEMs, thus strengthening the engineering best cost services developed since 2005 with Pininfarina’s Moroccan engineering centre. This investment also highlights Pininfarina’s strong desire to work with new and significant players in the world motor vehicle industry, as well as with established players, looking to improve its competitive position.

    To further reinforce the strategic tie between Tata Group and Pininfarina Group Ratan Tata, Chairman of Tata Industries Limited, has expressed interest in the Tata Companies participating Pininfarina’s planned capital increase with the subscription of a portion of the options that will be assigned to the Pininfarina family.

  • 24 April 2008
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