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Reply to "DeTomaso Factory in liquidation - 5/27/04"

quote:
Originally posted by Kevin Perry:
Any guess as to what this does to our Pantera values?

Especially when we go up against the likes of Ferrari and Lamborghini?



Nothing, and if the parts get rare and the prices go up for them, people can buy a real exotic car like Ferrari and Lamborghini.
If Matt thinks,the downfall was that they didn't bring the SI and the Guara to the US, he is totally wrong. If they would have done that,DeTomaso would be closed earlier. I think he has never seen under what poor quality DeTomaso has buildt his cars after Ford stopped there work with them. The lawers in the US are waiting for companies like that. The last 20 years DeTomaso lived from the money he got from other businessdeals like Maserati, Innocenti, Moto Guzzi and several hotels. DeTomaso SPA didn't make any money over the years. The parts department lived from the parts that they had in stock for more than 30 years. The never reproduced any sparepart. It's nearly empty today. They only have left the things, they couldn't sell over the years.


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Roland
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