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.
OH my GOD!
yeah heard dat this evening…
As a sign of respect, I will stop doodling car sketches on tissue papers for the rest of the day..
Ciao Pininfarina!
*sob* *sob*
wow… ferrari… maserati… eh eh eh… Hyundai Matrix and Naza Forza should be valuable ah?
my condolences…….
May he Rest In Peace.
oh god!! what a shocking news!!
my condolences :(
here the crash pic’s ….
http://www.liveleak.com/view?i=5de_1218109404
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.
may god bless your soul, R.I.P…..
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.
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.
It’s a sad loss for the car design industry… we just lost a legend. May he rest in peace… :(
My condolences towards his family…the world will simply lost your talented touch!
RIP Andrea Pininfarina
Who are going to design the cars now? 2 wheels are dangerous, better stick on 4 wheels.