Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Pininfarina confirms Ferrari, Brembo and Sabelt as new shareholders]]>http://www.autoblog.com/2008/05/02/pininfarina-confirms-ferrari-brembo-and-sabelt-as-new-sharehold/http://www.autoblog.com/2008/05/02/pininfarina-confirms-ferrari-brembo-and-sabelt-as-new-sharehold/http://www.autoblog.com/2008/05/02/pininfarina-confirms-ferrari-brembo-and-sabelt-as-new-sharehold/#commentsFiled under: , ,


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Pininfarina has confirmed the three new shareholders who will take stake in the company as part of its 100 million euro capital increase. As we reported previously, Piero Ferrari, son of the late Enzo Ferrari and vice-chairman of the eponymous Maranello sportscar firm, and Alberto Bombassei, chairman of the Brembo brakes company, will take shares, in addition to the Marsiaj family at the helm of Italian seatbelt manufacturer Sabelt.

The increased capital will finance the development and production of the upscale electric minicar Pininfarina will produce together with French industrial group Bollore and Indian automaker Tata. The car is expected to begin production in 2010 with 2000 units, ramping up to a full capacity of 15,000 units by 2012 with sales in the United States, Europe and Japan. Although the size of each new shareholder's stake has yet to be confirmed, the shares will come out of the Pininfarina family's 55% ownership.

[Source: Automotive News Europe - Sub. Req.]

Pininfarina confirms Ferrari, Brembo and Sabelt as new shareholders originally appeared on Autoblog on Fri, 02 May 2008 07:28:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bombasseibrembobrembo pininfarinaBremboPininfarinaferrarimarsiajpiero ferraripiero ferrari pininfarinaPieroFerrariPieroFerrariPininfarinapininfarinasabeltsabelt pininfarinaSabeltPininfarinaFri, 02 May 2008 07:28:00 EST<![CDATA[Brembo considers Pininfarina stake]]>http://www.autoblog.com/2008/04/30/brembo-considers-pininfarina-stake/http://www.autoblog.com/2008/04/30/brembo-considers-pininfarina-stake/http://www.autoblog.com/2008/04/30/brembo-considers-pininfarina-stake/#commentsFiled under: ,

There's breaking news and then there's braking news. In a development of the latter, Brembo is considering investing in Pininfarina. The news is part of a larger development that has Indian automaker Tata and sportscar scion Piero Ferrari taking stake in the design house, and could involve several other investors including Vincent Bollore to raise 100 million euros in capital for an electric car venture between the French investor and the Italian styling firm.

Currently, the Pininfarina family holds 55-percent of the eponymous company, but is willing to share its shares with additional investors in order to keep the company in the black and moving forward.

[Source: Automotive News Europe - Sub. Req.]

Brembo considers Pininfarina stake originally appeared on Autoblog on Wed, 30 Apr 2008 07:29:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>brembo invest pininfarinabrembo pininfarinaBremboInvestPininfarinaBremboPininfarinapininfarina capitalpininfarina investorPininfarinaCapitalPininfarinaInvestorWed, 30 Apr 2008 07:29:00 EST