Quote:
TURIN -- Andrea Pininfarina, CEO of Italian design and contract manufacturer Pininfarina, died Thursday morning in a road accident near Turin.
Pininfarina, 51, died after a car collided with the Vespa motorcycle scooter he was riding to the company's design and r&d center in Cambiano.
Pininfarina's death comes at a time when the family-controlled company is in the midst of a crucial restructuring.
Last year, Pininfarina's consolidated net loss increased to 114.9 million euros from 21.9 million euros the previous year.
Andrea Pininfarina has been Pininfarina's CEO since June 2001. He was also appointed chairman in May 2006. His father Sergio is the company's honorary chairman. His younger brother Paolo is Pininfarina's vice chairman and his elder sister Lorenza is a member of company's board.
Andrea Pininfarina is the grandson of Pininfarina founder Battista "Pinin" Pininfarina. He is survived by his wife Cristiana, and two sons and a daughter.
The company said it will issue a statement later today
Pininfarina, 51, died after a car collided with the Vespa motorcycle scooter he was riding to the company's design and r&d center in Cambiano.
Pininfarina's death comes at a time when the family-controlled company is in the midst of a crucial restructuring.
Last year, Pininfarina's consolidated net loss increased to 114.9 million euros from 21.9 million euros the previous year.
Andrea Pininfarina has been Pininfarina's CEO since June 2001. He was also appointed chairman in May 2006. His father Sergio is the company's honorary chairman. His younger brother Paolo is Pininfarina's vice chairman and his elder sister Lorenza is a member of company's board.
Andrea Pininfarina is the grandson of Pininfarina founder Battista "Pinin" Pininfarina. He is survived by his wife Cristiana, and two sons and a daughter.
The company said it will issue a statement later today
First time I've heard the term "Vespa motorcycle scooter." Do they just not want to say it was a scooter, period?