Wednesday, March 25, 2015

M&M to buy Italian Car design firm that designed cars for Ferrari and Rolls Royce

M&M, Indian automaker is in talks to buy Italian car design firm Pininfarina S.p.A. Customers for the design company include notable names like

  • Ferrari
  • Alfa Romeo
  • Peugeot
  • Fiat
  • Lancia
  • Maserati
  • Hyundai
  • GM
The company's net income in the year 2012 is 32.9 Million Euros. The latest designs of the company include

  • 2008 Maserati GranTurismo
  • 2008 Ferrari California
  • 2009 Ferrari 458 Italia
  • 2011 Ferrari FF
  • 2012 Ferrari F12 Berlinetta
  • 2014 Ferrari California T
M&M's stock ended up today by 1.3% in NSE and closed at 1208. Pininfarina S.p.A.'s stock was up by 10% Wednesday. In the year 2011, M&M acquired Ssangyong Motor Co. 
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