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Magna mulls Pininfarina takeover
Wed, 17 Nov 2010Canadian-Austrian parts supplier Magna International Inc. is weighing a proposal to buy Italian design specialist Pininfarina S.p.A., three sources with direct knowledge of the matter told Automotive News Europe. Earlier this month, Pininfarina's quarterly earnings report disclosed that the company could be sold as soon as Dec.
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Exclusive: Pierre Castinel resigns from Head of Design role at Tata
Fri, 05 Mar 2010Tata's Head of Design, Pierre Castinel, has resigned from his post to accept a position at PSA, Car Design News has learned. Castinel was originally hired to develop the design direction and form a brand identity for Tata's full line of vehicles, including cars, pickups, SUVs, MPVs, trucks and buses, but things haven't been going well at the Indian automaker. According to insiders, Tata closed Castinel's design studio in the British midlands last year, forcing the UK-based team to move into the automaker's engineering center in Warwickshire.