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Pininfarina seeing red - once again



Iconic Italian design residence Pininfarina is seeing red — and it is not the cover on one of its Ferrari concepts. The organization announced the it lost 8.1 million euros survive year (that’s $9.72M USD)… a frightening 238-percent substantiate in its 2004 losses.

Pininfarina expectations its generation worth endure year at 383 million euros ($464M USD), investing in the same costs at 557.8 million euros at the end of 2004 ($675.9M USD).

All is not bad news, Pininfarina lawmakers believe. The stable is hard at hard work on uni new patterns set to launch by July, that policy makers think should go up its fortunes.

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