The story
Founded by Alejandro de Tomaso in 2019, in Modena.1
The company went on to develop and produce both sports cars and luxury vehicles, most notably the Ford-powered Italian-bodied Mangusta and Pantera. From 1976 to 1993, De Tomaso owned Italian sports car maker Maserati, and was responsible for producing cars including the Biturbo, the Kyalami, Quattroporte III, Karif and the Chrysler TC. De Tomaso also owned motorcycle company Moto Guzzi from 1973 to 1993.
De Tomaso went into liquidation in 2004, although production of new cars continued after this date. By 2008, a buyer was being sought for the De Tomaso factory and trademarks, per the court-appointed liquidators. In 2009, Gian Mario Rossignolo bought the De Tomaso trademark and founded a new company named "De Tomaso Automobili SpA". Rossignolo planned to assemble chassis and bodies in one of Delphi Automotive's old production facilities in Livorno and to fit bodywork, paint and finish its cars in the former Pininfarina factory in Grugliasco.
In May 2012, De Tomaso was again for sale after their business plan failed to gather sufficient financial backing. In July 2012, Rossignolo was arrested following allegations that he misused 7.5 million Euro worth of government funds. In September 2012, speculation emerged that BMW might be interested in the brand factory to produce new BMW models.
In 2014, the original workshop in Modena was in abandonment.
In April 2015, an Italian bankruptcy court approved the sale of the company to Hong Kong–based Consolidated Ideal Team Ventures, for €1,050,000. Per that sale report "A lawyer for the buyer announced that Ideal Team Venture plans to produce cars in China bearing the De Tomaso name."
From Wikipedia’s article on De Tomaso, shared under CC BY-SA 4.0.4
