Volvo Car Corporation has signed a preliminary agreement with the Italian industrial design company Pininfarina. The document relates to technical cooperation for the development of a new model of Volvo. <p>This is the first time that Volvo has chosen Pininfarina as a business partner. Pininfarina is one of the largest industrial design companies in the world, and has in the past worked with Ferrari, Alfa Romeo and Peugeot amongst other brands. <p>If the deal goes ahead, it will be some months before a finalized agreement can be signed.