Italy's Pininfarina 2005 net loss widens

Newswire

MILAN, March 30 (Reuters) - Italian design firm Pininfarina turned in a net loss of 8.1 million euros ($9.72 million) in 2005, or 238 percent more than its 2004 loss of 2.4 million euros as it ceased production of some models. Pininfarina said its production value in 2005 -- which includes net revenues and the impact of stocks -- was 383 million euros, down from 557.8 million euros at Dec. 31, 2004. The company, which has worked on designs for car marques such as Alfa Romeo and Ferrari ...

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