de tomaso bankruptcy

Gian Mario Rossignolo, the chairman of De Tomaso, has been arrested under suspicion of misusing $9.2 million in public funds, according to Reuters. Rossignolo was taken into custody alongside both the company's head of human resources and a financial intermediary as part of the probe. The ...

Another small automaker is heading to bankruptcy court in less than a week with the report that De Tomaso has run out of cash and credit. When Artega filed for bankruptcy last week, we felt a bit of a twinge since the German firm has a cool little sports car that just never really got going. And ...