De Tomaso Goes Bust

The Livorno courthouse, on the west coast of Italy, has officially pronounced the famed carmaker De Tomaso, as dead, for the second time in ten years, having previously ‘gone under’ back in 2004. Despite desperate efforts to keep the company afloat, having even secured a manufacturing location (a former Delphi factory), nothing more could be done.

A key factor in this drastic decision may have also been the less-than-f...

Source: http://www.autoevolution.com/news/de-tomaso-goes-bust-47022.html

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