Aug
07
Ferrari P4/5 by Pininfarina have contracted with Italy’s Banca Leonardo to help them sell 50.7 percent of their stake in the design/contract manufacturing business. Said a source, “It is a commitment [the Pininfarina family] made with the banks. The family has no intention of leaving completely.”
Ferrari P4/5 by Pininfarina the reports are painting the pending deal as a partnership rather than a takeover and Tata already has dealings with Fiat, so they’re familiar with the Italian way of doing things. For its part, Pininfarina is working on an electric car (hey, why not?) with French entrepreneur Vincent Bollore.
[via: Automotive News]
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