MILAN (Reuters) – Andrea Pininfarina, head of the company which designs Ferraris, Fiats and the Ford Focus, died in a road crash in the early hours of Thursday near the Italian city of Turin, riding his Vespa scooter.
Pininfarina, 51, was chairman and chief executive of the company founded in 1930. He was the grandson of founder Battista “Pinin” Farina and his death prompted speculation that the entrance of new investors will speed up, sending its shares sharply higher.