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De Tomaso sold: Chinese get into sports car manufacturer

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W ie the Milan business newspaper 'Milano e Finanza' on Wednesday (15.2 .) reported Car Luxury Investment is controlled by the Chinese group Hotyork Investment. The Chinese want to leave the production of the traditional brand in Italy and not cut any jobs. In addition, De Tomaso should use the sales network of the Chinese owner in order to be able to establish itself in China.

In 2011, the Italians presented the Deauville crossover model at the Geneva Motor Show. The Sport Luxury Sedan was to be powered by two petrol units. A 550 hp V8 engine and a V6 with 300 hp. For the production of the new model, the production facility was leased from Pininfarina and around 1,000 employees were taken over.

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