Giannis
Staff member
MILAN, Aug 7 (Reuters) - Andrea Pininfarina, head of the family company which designs Ferraris, Fiats and the Ford Focus, died in a road crash in the early hours of Thursday near the Italian city of Turin, riding his Vespa scooter.
Pininfarina, 51, was chairman and chief executive officer of the company founded in 1930. He was the grandson of the founder, Battista "Pinin" Farina. His death prompted speculation on the market ownership could change control quickly.
"Italy, Turin and the Fiat group have lost a business figure who knew how to follow and develop the work of his grandfather Pinin and his father Sergio," said Luca Cordero di Montezemolo, chairman of Fiat and Ferrari in a statement.
Andrea Pininfarina, was born in Turin, the centre of Italy's car industry, on June 26, 1957 and joined the family business in 1983 after gaining a degree in mechanical engineering.
He was married with three children.
Pininfarina, 51, was chairman and chief executive officer of the company founded in 1930. He was the grandson of the founder, Battista "Pinin" Farina. His death prompted speculation on the market ownership could change control quickly.
"Italy, Turin and the Fiat group have lost a business figure who knew how to follow and develop the work of his grandfather Pinin and his father Sergio," said Luca Cordero di Montezemolo, chairman of Fiat and Ferrari in a statement.
Andrea Pininfarina, was born in Turin, the centre of Italy's car industry, on June 26, 1957 and joined the family business in 1983 after gaining a degree in mechanical engineering.
He was married with three children.