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Italian businessman buys Pininfarina plant for aluminum-vehicle project
Fri, 16 Oct 2009Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. Rossignolo, 79, a flamboyant executive who worked at Fiat and Swedish ball-bearing maker SKF, needs the Pininfarina plant for its Innovation in Auto Industry S.p.A.
Saab: On the edge of oblivion
Thu, 23 Jun 2011Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.
No Ferrari Viper, Dodge brand chief says
Wed, 25 Nov 2009Despite allusions to cooperation on the Viper with Chrysler's new Italian owners, there will be no Viper Ferrari. Hey, it was a natural question, especially since Dodge opened that door in a press release on Tuesday about a lap record set by a production Viper ACR at Mazda Raceway Laguna Seca (1:33.915; more on that in a minute). "When we have partners across the ocean who are known as the best sports-car makers in the world, the future opportunities are huge," Dodge brand chief Ralph Gilles said in a release.