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Automotive Industry
Industry: Email Alert RSS FeedPininfarina sales fall
Automotive Industries, March, 2003 by Andrea Wielgat
Pininfarina SpA says its 2002 results saw 28.4 percent drop in sales from $742 million to $531 million. The Italian design house and car manufacturer said its earning before interest and tax were $21 million, The company expects better results for 2003 -- along the lines of 30 percent -- thanks to a new contract with Volvo Car Corp. and increase business to its engineering division.
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