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DeTomaso has been sold to China's Consolidated Ideal TeamVenture, which picked up the company for just 1.05 million euros, or approximately $1.17 million. The new deal was presented before a bankruptcy court judge in Italy this week.

http://autoweek.com/article/ca...r-after-deal-fizzles

I wish SOMEONE would do something and finally build a car worthy of the name! Mad
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quote:
Originally posted by 1973 Pantera:
DeTomaso has been sold to China's Consolidated Ideal TeamVenture, which picked up the company for just 1.05 million euros, or approximately $1.17 million. The new deal was presented before a bankruptcy court judge in Italy this week.

http://autoweek.com/article/ca...r-after-deal-fizzles

I wish SOMEONE would do something and finally build a car worthy of the name! Mad


Who sold the name and banked the money? Chinese
ownership paying such a sum aren't doing it because they like the name, lets just imagine that they would buy the old factory and go for gold again.
quote:
Originally posted by Peter Fenlon:
quote:
Originally posted by 1973 Pantera:
DeTomaso has been sold to China's Consolidated Ideal TeamVenture, which picked up the company for just 1.05 million euros, or approximately $1.17 million. The new deal was presented before a bankruptcy court judge in Italy this week.

http://autoweek.com/article/ca...r-after-deal-fizzles

I wish SOMEONE would do something and finally build a car worthy of the name! Mad


Who sold the name and banked the money? Chinese
ownership paying such a sum aren't doing it because they like the name, lets just imagine that they would buy the old factory and go for gold again.
With the Chinese labour costs being pennies on the dollar compared to a European worker's labour costs, DON'T hold your breathe in regards to the "Old Factory" once again producing any cars under the DeTomaso marque!...Mark

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