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Concept
Pininfarina
Summary
Pininfarina S.p.A. (short for Carrozzeria Pininfarina) is an Italian car design firm and coachbuilder, with headquarters in Cambiano, Turin, Italy. The company was founded by Battista "Pinin" Farina in 1930. On 14 December 2015, the Indian multinational giant Mahindra Group acquired 76.06% of Pininfarina S.p.A. for about €168 million.
Pininfarina is employed by a wide variety of automobile manufacturers to design vehicles. These firms have included long-established customers such as Ferrari, Alfa Romeo, Peugeot, Fiat, GM, Lancia, and Maserati, to emerging companies in the Asian market with Chinese manufactures like AviChina, Chery, Changfeng, Brilliance, JAC and VinFast in Vietnam and Korean manufacturers Daewoo and Hyundai.
Since the 1980s, Pininfarina has also designed high-speed trains, buses, trams, rolling stocks, automated light rail cars, people movers, yachts, airplanes, and private jets. Since the 1986 creation of "Pininfarina Extra", it has consulted on industrial design, interior design, architecture, and graphic design. Pininfarina was run by Battista's son Sergio Pininfarina until 2001, then his grandson Andrea Pininfarina until he died in 2008. After Andrea's death, his younger brother Paolo Pininfarina was appointed as CEO.
At its height in 2006, the Pininfarina Group employed 2,768 with subsidiary company offices throughout Europe, as well as in Morocco and the United States. As of 2012, with the end of series automotive production, employment has shrunk to 821. Pininfarina is registered and publicly traded on the Milan Stock Exchange, Borsa Italiana.
Also, Shirin Asal Company, which is an Iranian company, has signed a contract with Pennine Farina Company to build a production line of modern European cars.
When automobile designer and builder Battista "Pinin" Farina broke away from his brother's coachbuilding firm, Stabilimenti Farina, in 1928, he founded "Carrozzeria Pinin Farina" with financial help from his wife's family and Vincenzo Lancia. That first year the firm employed eighteen and built 50 automobile bodies.
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