Pininfarina SpA
"Italy's Pininfarina automotive design house has signed a €70 million commercial agreement with Iran Khodro Group for the development of a technological automotive platform on May 9. The agreement between the two firms will help develop a modular automotive platform, able to house at least four different vehicles, and the first passenger car of the medium segment of the market, a press release from the Italian firm said. The 36-month deal by the two auto firms will see a new concept architecture developed as well as a new design concept for future vehicles. Chief Executive Officer of Pininfarina Group Silvio Pietro Angori said following the deal: “The agreement with Iran Khodro represents another important step in the growth strategy of Pininfarina on markets of the new Silk Road and the Middle East." (Financial Tribune, "Pininfarina, Iran Khodro Design Deal Signed," 5/11/2017).
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"The Second Iranian Auto Industry International Conference 2014, held in Tehran on December 1, was attended by representatives of over 30 countries' automobile and auto spare parts production companies and ambassadors of 17 states to Iran... Some of the foreign managers, experts and officials present at the confab included... Managing Director of Pininfarina SpA Silvio Pietro Angori..." (IRNA, "World Auto Giants Eager to Cooperate with Iran," 12/10/14)
“Sasan Ghorbani says the Iranian auto industry conference he’s organizing in Tehran next weekend is suddenly a hotter ticket than he’d expected. Visas will be made available upon arrival to meet a surge in demand after the last weekend’s Geneva agreement to ease trade restrictions on Iran, said Ghorbani, head of the Islamic Republic’s auto-parts manufacturers association…Among confirmed participants in the Iran Auto Industry International Conference on Nov. 30 are Renault SA and Italy’s Pininfarina SpA, according to the event’s website. Their arrival holds out the promise of investment in an economy driven into recession by sanctions, and may add to the post-Geneva optimism that’s also on view in Iran’s unofficial currency markets, where the rial has surged since the accord was signed.” (Bloomberg, “Iran Accord Sparks Race to Tehran as Automakers Target Deals,” 11/26/13)