Pininfarina SpA Will Be Bought by Mahindra Ltd.

Italian legendary car designer Pininfarina SpA will be purchased by Indian company Mahindra & Mahindra Ltd. A final agreement will be finalized and signed on Monday, after months of talking. With this move, Mahindra, who also bought Korean company Ssangyong and the motorcycle unit of PSA Peugeot Citroen, plans to add a fresh touch to its current styling. The Italian design company has worked with the M…