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Pininfarina family might lose company majority

Pininfarina makes great design cars. We all agree that! But this doesn’t mean they don’t have troubles! They do! And big ones! Reason why the company today announced it will propose to its shareholders a 100-million-euro capital increase to reduce its growing debts. The move means that the Pininfarina family will lose its majority in the Italian car design company and coachbuilder. The family currently controls 55 percent of Pininfarina’s voting shares.

The Pininfarina family will underwrite part of the capital increase and also will rely on the support of new investors, such as French battery specialist Vincent Bollore.

In December, Pininfarina announced it will build electric cars with Bollore beginning in 2010.

After the capital increase, the Pininfarina family will remain the main shareholder of the company, but with a diluted share.

A company spokesman told Automotive News Europe that it is too soon to speculate the size of the family’s share after the recapitalization is completed. Last year, Pininfarina’s consolidated net loss increased to 114.9 million euros, compared with 21.9 million euros in the previous year. It revenues increased by 13.8 percent to 670.4 million euros.


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2008 Pininfarina Sintesi

After four weeks of teaser imagine and desultory informations about the Sintesi Concept, here are the official informations and images about the concept.

The Sintesi is a sports car with four doors and four seats, developed by a highly innovative approach: it does not consider the car as a shape that covers the mechanicals, but one that gives a shape to the mechanicals around the passengers, starting from the latter. This approach, which is known as “Liquid” Packaging, has overturned traditional volumetric balances, improving weight distribution and lowering the centre of gravity, which are important elements for driving dynamics.

This was made possible by close collaboration with Nuvera, which developed the Quadrivium Fuel Cells system, the various components of which were distributed around the car, with four fuel cells positioned near to the wheels. The result is that the space for passengers is much more generous – in proportion to the total volume of the car – without detracting from the sporty line with its relaxed, elegant profile which is sleek, tapered and aerodynamic (Cd = 0.27). The modular nature of the fuel cells, combined with the batteries and a sophisticated overall electronic architecture (developed with PI Shurlok), allows for modular use of the available power depending on driving conditions.

Full details after the jump.


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Pininfarina Sintesi - final teaser

Here is the 4th and final set of informations about the Pininfarina Sintesi Concept that will be revealed next week at the Geneva Motor Show. Inspired by the Birdcage 75th which was presented years ago also in Geneva, The Sintesi opens up new roads to a form language which Pininfarina intends to explore in the future.

The Sintesi Concept will be powered by an advanced fuel cell powerplant that will deliver around 700 hp. It will be a four-seats model, and is a "synthesis of beauty, sportiness and functionality".

Stay tuned, more details will follow next week at the unveiling.



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Pininfarina Sintesi first teaser image

Pininfarina today revealed the third round of informations about the Sintesi Concept, including the first teaser image. As the company reports everything in Sintesi has been designed to minimize drag and make aerodynamic performance as efficient as possible.

The concept will feature new technologies, fuel cell and batteries, enables a more sophisticated and integrated use of space. The fuel cells and batteries will be placed all around the vehicle, instead of stacked together in the boot.

Stay tuned for more details!



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Pininfarina Sintesi - more details coming

Pininfarina released today the third round of informations about the Sintesi Concept that will be revealed next month at the Geneva Motor Show.

Sintesi is equipped with Clancast technology and it can interconnect automatically with other vehicles, creating a real "living connecting tissue" on which travels every kind of data.

A completely decentralized data-transmission network where cars can communicate to the other vehicles their status and particular events. A network whee traffic and security information can travel updated in real time.



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TopSpeed News: January 6th, 2008


Pininfarina Sintesi - more details

As you know, Pininfarina will launch the Sintesi Concept in March at the Geneva Motor Show. Last week the company announced that every week until the launch they will reveal new details about the concept.

Last week they revealed that the Sintesi is inspired by another two Concepts: the Birdcage 75th and Nido; and that the Sintesi (summary in Italian) is a perfect combination of sportiness and functionality.

This week, Pininfarina announced the concept will feature new technologies, fuel cell and batteries, enables a more sophisticated and integrated use of space. The fuel cells and batteries will be placed all around the vehicle, instead of stacked together in the boot.

The Sintesi was designed with notion of "liquid packaging" in their minds. This is a metaphor that express the possibility of fragmentation of once compact, solid parts which now, almost like a liquid, can occupy spaces never used before.



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News: January 31, 2008


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Pininfarina Sintesi first sketch

Pininfarina today revealed the first sketch of the Sintesi Concept that will be unveiled in five weeks at the Geneva Motor Show. The Sintesi (meaning "summary" in Italian) is a perfect combination of sportiness and functionality.

It is the natural heir to the last two Pininfarina prototypes: Birdcage 75th and Nido.

The Sintesi project has been inspired by the sportiness and innovative styling, the use and the testing of new technologies evident in the Birdcage 75th, shown at the 2005 Geneva Motor Show.

More about the Concept after the jump.


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Pininfarina to build future Aston Martin Rapide?

As we previously reported, Aston martin will build future four-door Rapide model abroad. And Italy is one of the options being considered, and that sports car specialist Pininfarina is one of the potential third party production experts being considered.
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