DeTomaso

De Tomaso brand sale leaves Italian factory's future uncertain

May 7, 2015 15:24 CET

The sale of iconic Italian sports car brand De Tomaso to Hong Kong investment fund Ideal Team Ventures has created a headache for Turin's local authorities, who now own a dormant factory and are responsible for 800 jobless workers....
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Bidding auction for De Tomaso won by Chinese fund

April 30, 2015 11:49 CET

A Hong Kong-based investment fund called Ideal Team Venture has acquired Italy's iconic De Tomaso sports car brand for just over 1 million euros. Ideal Team has until tomorrow to pay, leaving industry observers skeptical the deal will be completed....
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