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Andrea Pininfarina, CEO of Italian design and contract manufacturer Pininfarina, died Thursday morning in a road accident near Turin at the age of 51. Details are still sketchy, but the first local police reports say a car crashed into Pininfarina's motorbike in the city of Trofarello, Italy while he was riding to the company's design and R&D center in Cambiano. Pininfarina's death comes at a time when the family-controlled company is in the midst of a crucial restructuring. Last year, Pininfarina's consolidated net loss increased to 114.9 million euros from 21.9 million euros the previous year. Andrea Pininfarina is survived by his wife Cristiana, and two sons and a daughter. We're told the company said it will issue a statement later today. [via Automotive News (sub. req.)]
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newVideoPlayer("fake_ferrari.flv", 475, 376,""); Proving once again the speed with which stories are cycled through in a 24-hour-news-cycle network, CNN has decided to run coverage on the gang of Italian Ferrari forgers we brought you back in February. The in-depth coverage includes pointing to, and comparing pictures of, a real Ferrari 328 GTS against the real fake example. Italian-accented experts remark on how good the outside is, then point out how poorly-executed the interior and engine are. Honestly, as far as Fierarris go, this one isn't too bad, and the dimmer among us would probably fall for the fakery unless giving it a more than a passing glance. [ CNN ]
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newVideoPlayer("Fake_Ferraris_Colbert.flv", 463, 387,""); We know we already told Stephen Colbert not to steal our stories. Apparently he's not listening. That's right, last night the propagator of "truthiness" yet again snatched up a story from our pages to splay across the basic cable airwaves. Last time it was " Our Country , Our Truck " and this time it's the Fiero Ferrari story. Stephen Colbert, just a reminder that this does nothing to help you get off of our "On Notice" list. Watch yourself there Frenchie -- the only ones who should be doing any splaying whatsoever will be us.
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This may be a new low in our Auto Branding Adventures , but it seems the Italian stallions at Ferrari are looking to brand the entire Italian Olympics team for the 2008 summer Olympics in Beijing. Edmunds is reporting that Ferrari will be supplying the Italian Olympic team with aerodynamic equipment to be used in cycling, tennis, canoeing and sailing events at the summer games. Ferrari will also put its mark on bobsled, luge, skeleton, speed skating and other events for the winter games, but the fun doesn't end there. The Italian Olympic team will also have access to Ferrari's wind tunnels for training. Giovanni Petrucci, the president of the Italian Olympic Committee justified the partnership by saying, "We want to be as fast as a Ferrari in Beijing," but hopefully not too fast . [ Edmunds ]
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After seeing how the Deutschland V12s went over in yesterday's Choose Your Eternity poll , with the 850i just barely beating the pair of 750iLs, we've learned that it's possible to raise the price of admission charged at the Fiery Gates of Vehicu-Hades and still have legions of madmen ambitious project lovers forking over the cash and diving into the flames. So get ready to whip out ever-thicker rolls of Benjamins, folks, because we're on a one-way trip to Dante Land today! The 80s may well have been the decade in which the Ferrari made the most sense . Ferraris of the era didn't have the ungodly awesome racecar cool of the 60s models, and they weren't as loony fast as the current crop, but what goes better with looted S&Ls, Learjets paid for with junk bond profits, and sniffing coke off a $10,000-a-day Brazilian prostitute's rock-hard belly than a Ferrari? Exactly, and it's that sort of immediate-post-Malaise decadence you want when you have the prancing pony on your car's hood ornament...
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