Mahindra is closing in on the purchase of the company that designed the Ferrari Testarossa after weeks of talks.
After the acquisition of Korean automaker SsangYong and French two-wheeler manufacturer Peugeot, Indian utility vehicle manufacturer Mahindra, is rumoured to be considering taking over Italian automobile design firm Pininfarina.
Pininfarina could help the Indian manufacturer add flair to its namesake brand and its Ssangyong unit.
Pininfarina-designed efforts also include the Rolls-Royce Camargue, Cadillac Allante and Maserati Quattroporte. It stopped large-scale production for its automaker clients and closed its factories three years ago. The company has branched out to design projects aside from autos, including residential apartment towers, vending machines and toothbrushes. http://www.autonews.com/article/2015...er-pininfarina