Malcolm Bricklin isn't the only entrepreneur looking to get back into the car business. German exotic carmaker Erich Bitter says he has found two private investors to fund production of the Bitter CD.
Production is set to start in November, more than two years after the prototype was shown at the Geneva auto show.
Bitter, 72, raced cars in the 1960s. He gained fame in the 1970s and 1980s for building exotic touring cars based on an Opel chassis. The CD is based on the Holden Monaro from Australia, which is sold in the United States as the Pontiac GTO.
The 404-hp Bitter coupe will cost about $152,000. Bitter says he wants to sell 15 cars this year and 75 next year.