Due to the current pandemic, the firm lost business from both Hong Kong and Iran firms. Fate of 135 employees of the firm is now in limbo. Some years back, Pininfarina spun off its technical centre in Turin into Pininfarina Engineering. Now, due to lack of orders and a general slowdown as a result of the pandemic, the Mahindra Group has decided to liquidate the company. Pininfarina Engineering had been working on vehicle and platform development projects for Hong Kong’s Hybrid Kinetic group, Iran’s Khodro and Vietnam’s VinFast. The company had also been working on certain projects for Mahindra.