New Economic Realities
In April of 2008, after three years of serious losses totaling 115 million euros at the end of 2007, Pininfarina made the first of several moves to raise capital and restructure it's enormous debt:
Read more about this topic: Pininfarina, History
Famous quotes containing the words economic and/or realities:
“Society’s double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.”
—Anne Tucker (b. 1945)
“Fanaticism is to superstition what delirium is to fever, and what rage is to anger. The man visited by ecstasies and visions, who takes dreams for realities is an enthusiast; the man who supports his madness with murder is a fanatic.”
—Voltaire [François Marie Arouet] (1694–1778)