China’s BAIC gunning to buy Pininfarina

Beijing Automotive Industry Corp, or BAIC, is looking to buy Italian design firm Pininfarina. The Chinese automaker is already working with Pininfarina in collaboration on its upcoming models based on older Saabs.Since mid-2009, Pininfarina’s family ownership has been looking to unload its majority stake in the company. Interest from several Chinese automakers has been piqued and BAIC is not