De Tomaso Tyres
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De Tomaso History
De Tomaso Modena SpA was an Italian automobile manufacturer. Alejandro de Tomaso (1928 - 2003) of Argentine origin created it in Modena in 1959. It started off making prototypes and racing vehicles, notably a Formula One car for Frank Williams' team in 1970. The majority of the automaker's capital came from de Tomaso's brother-in-law, Armory Haskell Jr, of Rowan Industries. Ford purchased an 84 per cent share in De Tomaso from Rowan in 1971, with Alejandro de Tomaso controlling the remainder. In 1974, Ford sold their ownership in the carmaker to Alejandro.
The blue and white stripes in the logo's backdrop represent the colours of Argentina's national flag. The cattle branding sign of the Ceballos estate, where Alejandro grew up, is depicted in the foreground as a letter "T". De Tomaso went on to create and manufacture both sports cars and luxury vehicles, notably the Ford-powered Mangusta and Pantera grand tourers. De Tomaso controlled Italian sports car manufacturer Maserati from 1976 until 1993 and was responsible for vehicles such as the Biturbo, Kyalami, Quattroporte III, Karif, and Chrysler TC. From 1973 until 1993, De Tomaso was also the owner of the motorbike manufacturer Moto Guzzi.
De Tomaso went bankrupt in 2004, while new vehicle manufacture continued after that date. According to the court-appointed liquidators, a buyer for the De Tomaso plant and trademarks was sought by 2008. Gian Mario Rossignolo purchased the De Tomaso trademark in 2009 and established De Tomaso Automobili SpA. Rossignolo intended to construct chassis and bodies at one of Delphi Automotive's old Livorno production sites and to install bodywork, paint, and finish its vehicles in the former Pininfarina plant in Grugliasco.
De Tomaso was up for sale again in May 2012 after their business strategy failed to attract adequate financial support. Rossignolo was arrested in July 2012 on suspicion of misusing €7,500,000 in government funds. In September 2012, it was speculated that BMW would be interested in purchasing the brand factory to create new BMW vehicles. The original workshop in Modena was closed in 2014. An Italian bankruptcy court authorised the sale of the firm to Hong Kong-based Consolidated Ideal Team Ventures for €1,050,000 in April 2015.