Pininfarina CEO dies in motorcycle accident

Pininfarina

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.

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • auctioncenter2u (Member) on Aug 07, 2008 at 8:17 pm

    OH my GOD!

    Like or Dislike: Thumb up 0 Thumb down 0
  • terracottaz (Member) on Aug 07, 2008 at 8:19 pm

    yeah heard dat this evening…

    Like or Dislike: Thumb up 0 Thumb down 0
  • SatriaGuy (Member) on Aug 07, 2008 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*

    Like or Dislike: Thumb up 0 Thumb down 0
  • albagmane (Member) on Aug 07, 2008 at 8:48 pm

    wow… ferrari… maserati… eh eh eh… Hyundai Matrix and Naza Forza should be valuable ah?

    Like or Dislike: Thumb up 0 Thumb down 0
  • Roti Naan (Member) on Aug 07, 2008 at 9:13 pm

    my condolences…….

    Like or Dislike: Thumb up 0 Thumb down 0
  • xenith (Member) on Aug 07, 2008 at 9:13 pm

    May he Rest In Peace.

    Like or Dislike: Thumb up 0 Thumb down 0
  • unlogic (Member) on Aug 07, 2008 at 9:46 pm

    oh god!! what a shocking news!!
    my condolences :(

    Like or Dislike: Thumb up 0 Thumb down 0
  • rizones (Member) on Aug 07, 2008 at 10:55 pm

    here the crash pic’s ….

    http://www.liveleak.com/view?i=5de_1218109404

    Like or Dislike: Thumb up 0 Thumb down 0
  • csv (Member) on Aug 08, 2008 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.

    Like or Dislike: Thumb up 0 Thumb down 0
  • mitlanevo (Member) on Aug 08, 2008 at 12:55 am

    may god bless your soul, R.I.P…..

    Like or Dislike: Thumb up 0 Thumb down 0
  • car_craze (Member) on Aug 08, 2008 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.

    Like or Dislike: Thumb up 0 Thumb down 0
  • cutester (Member) on Aug 08, 2008 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.

    Like or Dislike: Thumb up 0 Thumb down 0
  • raptorclans (Member) on Aug 08, 2008 at 11:09 am

    It’s a sad loss for the car design industry… we just lost a legend. May he rest in peace… :(

    Like or Dislike: Thumb up 0 Thumb down 0
  • torque (Member) on Aug 08, 2008 at 12:38 pm

    My condolences towards his family…the world will simply lost your talented touch!

    Like or Dislike: Thumb up 0 Thumb down 0
  • ALPINA BMW (Member) on Aug 08, 2008 at 3:36 pm

    RIP Andrea Pininfarina

    Like or Dislike: Thumb up 0 Thumb down 0
  • mystvearn (Member) on Aug 08, 2008 at 6:45 pm

    Who are going to design the cars now? 2 wheels are dangerous, better stick on 4 wheels.

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required