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A subsidiary of Chinese investment firm Hotyork Investment Group has reportedly purchased automaker De Tomaso.
The Italian automaker was recently revived thanks to the work of former Fiat CEO Gianmario Rossignolo back in 2009, but quickly ran into financial problems trying to launch three new vehicles.
There aren’t many details being released at the moment and no official statement has been made, but Qiu Kunjian recently said, “We closely considered the business plan and we believe in the opportunity to develop all the valuable potential of the company. We are working to finalize the last details and implement the agreement in the coming of days.”
De Tomaso has a promising future if their three new models make it to market. Currently in the works is a new sedan, crossover, and successor to the Pantera.
Should this come to be, we’ll be especially excited to see a morden Pantera hitting the road. For those who don’t remember, when it was produced, the Pantera was a mariage between American muscle and Italian style that used a Ford 5.8-liter V8, but looked very Italian.
De Tomaso is planning to show a new Pantera, one of the most legendary cars ever built, at the Frankfurt Auto Show. Will it live up to the original’s badass demeanor?
Sticking to tradition, the new Pantera will feature American power with a Corvette V8, in the middle somewhere. With a curb weight of 2,645 pounds and more than 600 horsepower, the new Pantera should move like cowboys from hell. De Tomaso is banking on sales of the Deauville crossover—apparently somebody actually paid real currency for one—to fund development of the primal concrete sledge.
Of course one of the Pantera’s most famous owners, a legend befitting a legend, was Elvis. So will the next Pantera be more young Elvis, scandalous and sexy, or Vegas-era Elvis, gaudy and bloated? We hope it’ll be “Hound Dog” and not “Viva Las Vegas,” but judging by its last efforts, we may start booking shows at the Hilton.
[Sources: Autoblog, Carstyling.ru]
The legendary De Tomaso Pantera will be set to return in November of this year, a much-anticipated product after the disappointing Deauville (formerly SLC) introduced at the Geneva Auto Show last week.
The Pantera is the second part of the De Tomaso revival, and there isn’t much known about it yet—other than the fact that it will be shown at the Los Angeles Auto Show in November, almost exactly 40 years after the original’s debut. With the Avenger-looking “are they actually going to sell that?” Deauville paving the way, it won’t be hard to top—but the original Pantera has some reputation as being the Keith Moon of crazy 70s supercar wedges, and there’s a lot resting on its heavy metal nameplate.
After all, it was good enough for Elvis.
[Sources: PistonHeads, Wikipedia]
De Tomaso is back! But not with the Pantera, arguably the company’s most legendary model. No, the troubled Italian company, constantly flirting with bankruptcy and liquidation and angry customers, has introduced for Geneva the SLC, a Pininfarina-designed crossover in the mold of the BMW 5-Series GT.
Unfortunately, the overall effort is underwhelming; the oddly-proportioned car has a gaping mouth, de rigueur of so many modern cars, the rear end of a Dodge Avenger, and the side profile cachet of your neighbor’s Lexus IS. It’s certainly not compelling enough to make us excited for the revival of a company that gave us the Mangusta, the box-flared Longchamp, and Elvis’s bullet-ridden Pantera.
The “Sports Luxury Car,” as it’s imaginatively called for now, will sport three engines: a V6 diesel, a 300-horsepower V6, and a high performance V8 with 500+ horsepower. At that rate, it should be able to outrun its own looks.
Ultimately, the company wants to find 3000 buyers per year for the SLC, at $135,000 to $175,000 when it goes on sale at the end of this year. We wish them well, because sales of the SLC will fund the development of a more traditional sedan and a coupe–which will then bring back the De Tomaso we remember so fondly.
[Source: Car Advice]