Jump to content
Forums Gone... but not forgotten!
Pontiac of the Month

4 bucket 67's 1967 GTO

2019 March
of the Month

  • Welcome to Forever Pontiac

    We are a community of Pontiac enthusiasts. The purpose of our community is to keep alive the Pontiac spirit by sharing (or showing off) our cars, discussing Pontiac, helping each other work on our cars and find information, plus attend various meets/shows/etc... To aid discussion, sharing, event planning and selling of parts/cars/anything, we have various parts of the website to aid this from Forums to an online Garage to Classifieds to even a Document Download Repository. You can find links to these in our navigation above based on what each section helps with (discussion, local events, learning, etc...).

    We invite you to contribute, find help or just view some of our member's amazing cars! Don't forget, we also have great contests from time to time (like our Pontiac of the Month and yearly calendar contest) and our Pontiac This OR That, a fun game where you choose the best of two randomly selected Pontiacs from our online garage.

    We look forward to seeing you around!


This topic is now archived and is closed to further replies.


Car and Driver: Mahininfarina! India’s Mahindra Buys Italy’s Pininfarina

Recommended Posts

Pininfarina Azzurra Spider


When Battista “Pinin” Farina founded the design house that bears his name in 1930, Italy was in the thrall of fascism and India was still nearly two decades away from winning its independence from Great Britain. Automobiles were often supplied as bare chassis, with the coachwork chosen by the owner. Along the way, Pininfarina developed some of the loveliest production shapes in 20th-century motoring, including the Ferrari Daytona and Cisitalia 202, as well as wild concepts like the Ferrari 512 S-based Modulo from 1970. And now they’ve followed Jaguar Land Rover into the breach of Indian ownership, having been purchased by Mahindra.


Rumors have been flying for some time now that a deal was in the works, but confirmation comes today courtesy of Automotive News. According to the report, Mahindra and affiliated company Tech Mahindra will purchase a 76-percent stake from Pininfarina’s Pincar holding company for 25.3 million euros, which translates to 1.10 euros per share. Mahindra will offer the remaining stock for the same price, which closed Friday at 4.20. The Indian concern has also pledged to invest 20 million euros and offer a 114.5-million euro guarantee to creditors.


As we noted in March, Pininfarina’s expertise could be a boon to Mahindra-owned Ssangyong, a company known as much for unfortunate aesthetics as it is for value-priced vehicles. Beyond that, the deal saves Pininfarina from following Bertone down a sad path. Ownership by major automakers seems to be the only way forward for the great Italian design houses, with Giugiaro having sold out to Volkswagen in 2010. Meanwhile, the purchase of the storied brand certainly gives Mahindra some Western cachet it was sorely lacking, and if Tata’s stewardship of JLR is any indication, this new direction could be exactly what both companies need.


Read Full Article

Share this post

Link to post
Share on other sites

Tired of these Ads? Register Today!

Tired of these Ads? Purchase Enhanced Membership today to remove them!
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.