51 year old Pininfarina CEO (and grandson of Pininfarina founder Battista Pininfarina) Andrea Pininfarina died this morning in a road accident near Turin while he was riding to Pininfarina’s R&D center on his Vespa motorcycle. He is survived by his wife and 3 kids.
This is bad news indeed for Pininfarina the company as it is currently in the midst of restructuring. The Pininfarina family currently controls 55% of the company’s voting shares but stands to lose its majority with a reduction to 30% shares thanks to a new 100 million Euro capital increase request from its shareholders to cover its losses.
There are a number of key people with stake in Pininfarina including Piero Ferrari, Ratan Tata and Vincent Bollore.
at 8:17 pm
OH my GOD!
at 8:19 pm
yeah heard dat this evening…
at 8:34 pm
As a sign of respect, I will stop doodling car sketches on tissue papers for the rest of the day..
Ciao Pininfarina!
*sob* *sob*
at 8:48 pm
wow… ferrari… maserati… eh eh eh… Hyundai Matrix and Naza Forza should be valuable ah?
at 9:13 pm
my condolences…….
at 9:13 pm
May he Rest In Peace.
at 9:46 pm
oh god!! what a shocking news!!
my condolences
at 10:55 pm
here the crash pic’s ….
http://www.liveleak.com/view?i=5de_1218109404
at 12:07 am
damn, what a pity.
alot of people are dying from traffic accident nowadays.
so those that are driving out soon, be careful.
sigh. there goes talent.
at 12:55 am
may god bless your soul, R.I.P…..
at 8:03 am
It’s sad and ironic that he died riding a Vespa when they are making their name building cars.
Still it’s a big loss to the Pinin family and maybe a gain for Ferrari and Tata.
at 11:00 am
CEO riding a Vespa to work. Hard to find people with this kind of position riding a bike (small bike) to work. May God bless his soul.
at 11:09 am
It’s a sad loss for the car design industry… we just lost a legend. May he rest in peace…
at 12:38 pm
My condolences towards his family…the world will simply lost your talented touch!
at 3:36 pm
RIP Andrea Pininfarina
at 6:45 pm
Who are going to design the cars now? 2 wheels are dangerous, better stick on 4 wheels.