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De Tomaso
De Tomaso Automobili ltd. (previously known as De Tomaso Modena SpA) is an Italian car-manufacturing company. It was founded by the Argentine-born Alejandro de Tomaso (1928–2003) in Modena in 1959. It originally produced various prototypes and racing cars, including a Formula One car for Frank Williams's team in 1970. Most of the funding for the automaker came from de Tomaso's brother-in-law, Amory Haskell Jr, Rowan Industries. In 1971, Ford acquired an 84% stake in De Tomaso from Rowan with Alejandro de Tomaso himself holding the balance. Ford would sell back their stake in the automaker in 1974 to Alejandro. The De Tomaso brand was acquired in 2014 by Hong Kong based Ideal Team Ventures and in 2019, the newly formed company presented their first product, a retro-styled sports car called the P72. The blue and white stripes of the logo's background are the colors of the national flag of Argentina. The symbol in the foreground that looks like a letter "T" is the cattle br ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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Cattle
Cattle (''Bos taurus'') are large, domesticated, cloven-hooved, herbivores. They are a prominent modern member of the subfamily Bovinae and the most widespread species of the genus '' Bos''. Adult females are referred to as cows and adult males are referred to as bulls. Cattle are commonly raised as livestock for meat (beef or veal, see beef cattle), for milk (see dairy cattle), and for hides, which are used to make leather. They are used as riding animals and draft animals ( oxen or bullocks, which pull carts, plows and other implements). Another product of cattle is their dung, which can be used to create manure or fuel. In some regions, such as parts of India, cattle have significant religious significance. Cattle, mostly small breeds such as the Miniature Zebu, are also kept as pets. Different types of cattle are common to different geographic areas. Taurine cattle are found primarily in Europe and temperate areas of Asia, the Americas, and Australia. ...
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Delphi Automotive
Aptiv PLC is an Irish-American automotive technology supplier with headquarters in Dublin. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors. History The company was established as General Motors' Automotive Components Group in 1994, which changed its name to Delphi Automotive Systems in 1995. Delphi disclosed some irregular accounting practices in 2005. A number of executives, including CFO Alan Dawes, resigned. Delphi Chairman J.T. Battenberg retired. Delphi then filed for Chapter 11 bankruptcy protection to reorganize its struggling U.S. operations. As a result of this action, the Securities and Exchange Commission granted an application by the New York Stock Exchange to delist Delphi's common stock and bonds. Plants in Puerto Real, Cádiz, Spain, closed, with a loss of 1,600 direct jobs, and more than 2,500 indirect jobs in February 2007, despite having agreed to continue its manufactu ...
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Chrysler TC By Maserati
Chrysler's TC by Maserati is a jointly developed car by Chrysler and Maserati. It was positioned as a grand tourer and introduced at the 1986 Los Angeles Auto Show. It is a "Q" body built on a modified second-generation Chrysler K platform. After two years' development delays, the TC became available in late-1988 and a total of 7,300 units (the minimum required under the contract) were manufactured in Milan, Italy, through 1990. All cars sold as 1991 models were manufactured in 1990. Development Lee Iacocca started a friendship with Alejandro de Tomaso while at Ford, which led to the De Tomaso Pantera, which had flopped because of safety concerns and limited interest from buyers. During the 1980s, Iacocca headed Chrysler while De Tomaso was owner of the historic Maserati brand. In 1983, Iacocca had considered manufacturing a knock-off of a Mercedes roadster based on a Plymouth Reliant-until he was talked out of it. In 1984, both companies signed a memorandum of understanding to ...
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Maserati Karif
The Maserati Karif (''Tipo AM339'') is a luxury coupé produced by Italian automobile manufacturer Maserati between 1988 and 1991. It was designed to be luxurious, but also sporty and agile to allow the driver to "feel like a racing driver again or for the first time". At the car's unveiling, Alejandro de Tomaso declared a very limited production run of 250 examples. In the end, only 221 units were sold over the time the car was built. Production dates are not entirely clear, but the last cars were sold late in the summer of 1992, long after they had been built. In a throwback to Maserati's earlier naming practices for two-seater GTs, the car was named after the wind called "Karif", which blows South West across the Gulf of Aden at Berbera, Somalia. The Karif was built on the same shortened chassis as the Zagato-bodied Maserati Spyder model, adding a fixed notchback coupé roof. It used the powerful iteration of the Maserati Biturbo engine: the AM473, a 2.8  90° V6 engine ...
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Maserati Quattroporte III
The Maserati Quattroporte () is a four-door full-size luxury sports sedan produced by Italian automobile manufacturer Maserati. The name translated from Italian means "four doors". The car is currently in its sixth generation, with the first generation introduced in 1963. Quattroporte I (AM107, 1963–1969) The original Maserati Quattroporte (''Tipo AM107'') was built between 1963 and 1969. It was a large saloon powered by V8 engines—both firsts for a series production Maserati automobile. History The task of styling the Quattroporte was given to Turinese coachbuilder Pietro Frua, who drew inspiration from a special 5000 GT (chassis number 103.060) which he had designed in 1962 for Prince Karim Aga Khan. While the design was by Frua, body construction was carried out by Vignale. Series I (1963–1966) The Quattroporte was introduced at the October–November 1963 Turin Motor Show, where a pre-production prototype was on the Maserati stand next to the Mistral co ...
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Maserati Kyalami
The Maserati Kyalami (Tipo AM129) is a four-seat GT coupé produced by Italian automobile manufacturer Maserati from 1976 to 1983. The car was named after the Kyalami Grand Prix Circuit in South Africa where a Maserati-powered Cooper T81 had won the 1967 South African Grand Prix. History The Kyalami was the first new model developed under the Alejandro de Tomaso ownership. It was derived from, and mechanically virtually identical (except for some body panels) to the Longchamp, a three-box grand tourer made by De Tomaso Automobili. When De Tomaso acquired Maserati after the demise of Citroën in 1975, he found the brand in dire financial straits. In a desperate need to develop a new flagship model to improve sales, De Tomaso had the idea to use the recently unsuccessful Longchamp as the base in order to save development costs of the new model. Pietro Frua was commissioned by De Tomaso to undertake the restyling of the Tom Tjaarda-designed Longchamp, to give the new car a ...
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Maserati Biturbo
The Maserati Biturbo is a family of executive grand tourers produced by Italian automobile manufacturer Maserati between 1981 and 1994. The original Biturbo was a two-door, four-seater notchback coupé (of somewhat smaller dimensions than the BMW 3 Series of the time) featuring, as the name implies, a two-litre V6 engine with two turbochargers and a luxurious interior. The car was designed by Pierangelo Andreani, Chief of Centro Stile Maserati up to 1981, somewhat influenced by the design of the then recent Quattroporte III (penned by Italdesign Giugiaro). All Maserati models introduced from the Biturbo's inception in 1981 until 1997 were based on the original Biturbo architecture, including the later grand tourers like the Shamal and Ghibli II. The Barchetta, while of a different layout entirely, used an ultimate version of the Biturbo V6 engine. History When Alejandro de Tomaso acquired Maserati in 1976, he had ambitious plans for the marque. His plan was to combine the p ...
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Grand Tourer
A grand tourer (GT) is a type of car that is designed for high speed and long-distance driving, due to a combination of performance and luxury attributes. The most common format is a Front-engine, rear-wheel-drive layout, front-engine, rear-wheel-drive two-door coupé with either a two-seat or a 2+2 (car body style), 2+2 arrangement. Grand tourers are most often the coupé derivative of Luxury vehicle, luxury saloon (car), saloons or sedans. The term is a near-calque from the Italian language phrase ''gran turismo'' which became popular in the English language from the 1950s, evolving from fast touring cars and Streamliner, streamlined closed sports cars during the 1930s. Origin in Europe The grand touring car concept originated in Europe in the early 1950s, especially with the 1951 introduction of the Lancia Aurelia, Lancia Aurelia B20 GT, and features notable luminaries of Italian automotive history such as Vittorio Jano, Enzo Ferrari and Giovanni Lurani, Johnny Lurani. Moto ...
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De Tomaso Pantera
The De Tomaso Pantera is a mid-engine sports car produced by Italian automobile manufacturer De Tomaso from 1971 to 1992. Italian for "Panther", the Pantera was the automaker's most popular model, with over 7,000 manufactured over its twenty-year production run. More than three quarters of the production was sold by American Lincoln- Mercury dealers from 1972 to 1975; after this agreement ended De Tomaso kept manufacturing the car in ever smaller numbers into the early 1990s. History The Pantera was designed by the Italian design firm Carrozzeria Ghia's American-born designer Tom Tjaarda and replaced the Mangusta. Unlike the Mangusta, which employed a steel backbone chassis, the Pantera's chassis was of a steel monocoque design, the first instance of De Tomaso using this construction technique. The Pantera logo included a T-shaped symbol that was the brand used by De Tomaso's Argentinian cattle ranching ancestors, as well as a version of the Argentinean flag turned on its si ...
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De Tomaso Mangusta
The De Tomaso Mangusta is a sports car produced by Italian automobile manufacturer De Tomaso between 1967 and 1971. It was succeeded by the De Tomaso Pantera. History The Mangusta replaced the Vallelunga model, on which its chassis was based.Lawrence, Mike (1997). ''A to Z of Sports Cars 1945-1990''. Bay View Books Ltd. The word "mangusta" is Italian for "mongoose", an animal that can kill cobras. It was rumored that the car was so named in retaliation to a failed deal between De Tomaso and Carroll Shelby. Alejandro de Tomaso offered to help Carroll Shelby to build a new Can-Am race car at the end of 1964 when Shelby found that the Shelby Cobra would not be able to compete there. De Tomaso was planning to develop a new 7.0-litre V8 engine for racing so he saw this as a perfect opportunity. Shelby agreed to finance the project and also sent a SCCA approved design team headed by Pete Brock to Italy in order to handle the design work. De Tomaso had conflicts on the design of t ...
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Luxury Vehicles
A luxury car is a car that provides increased levels of comfort, equipment, amenities, quality, performance, and associated status compared to moderately priced cars. The term is subjective and reflects both the qualities of the car and the brand image of its manufacturer. Luxury brands rank above ''premium brands'', though there is no fixed demarcation between the two. Traditionally, most luxury cars were large vehicles, though smaller sports-oriented models were always produced. "Compact" luxury vehicles such as hatchbacks, and off-road capable sport utility vehicles, are relatively modern trends. Classification standards Several car classification schemes include a luxury category, such as: * Australia: Since the year 2000, the Federal Government's luxury car tax applies to new vehicles over a certain purchase price, with higher thresholds applying for cars considered as fuel efficient. As of 2019, the thresholds were approximately AU$66,000 (US$,000) for normal c ...
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