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De Tomaso sold by Rossignolo
Thu, 09 Feb 2012De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.
Gumpert Insolvent
Fri, 31 Aug 2012German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.
Land Rover reveals rejigged Discovery at the 2013 Frankfurt Motor Show
Wed, 11 Sep 2013Land Rover has revealed a surprisingly comprehensive facelift for the Discovery range here at the 2013 Frankfurt Motor Show – and the firm has underlined the changes with some new badging for the Discovery range. Instead of having ‘LAND ROVER’ on the bonnet, the new Discovery has, well, ‘DISCOVERY’ lettering. That’s because Land Rover wants to make Discovery into its own brand, a bit like Range Rover: here at Frankfurt 2013, we’re seeing the first steps in this rebranding.