Megatech was a

Bermuda Bermuda is a British Overseas Territories, British Overseas Territory in the Atlantic Ocean, North Atlantic Ocean. The closest land outside the territory is in the American state of North Carolina, about to the west-northwest. Bermuda is an ...

-registered company that pursued the development of various supercars. It was jointly owned by Hutomo (Tommy) Mandala Putra, the youngest son of President

Suharto Suharto (8 June 1921 – 27 January 2008) was an Indonesian Officer (armed forces), military officer and politician, and dictator, who was the second and longest serving president of Indonesia, serving from 1967 to 1998. His 32 years rule, cha ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

, and Mycom Setdco, a Bermuda-based subsidiary of Mycom Bhd. In 1994, MegaTech purchased the

Lamborghini Automobili Lamborghini S.p.A. ( , ), usually referred to as Lamborghini or colloquially Lambo, is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its su ...

brand for $40 million. It then sold it to

Audi AG Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. The origins of the company ...

in 1998 for $110 million. It also caused the closure of Vector Aeromotive in 1993, when the company attempted a hostile takeover at the expense of Vector founder

Jerry Wiegert Gerald Alden Wiegert (July 12, 1944 – January 15, 2021) was an American automotive engineer and businessman, notable as the founder of two companies, Vector Motors and Aquajet, and for designing the products marketed by those companies. Wiege ...

Models

Vector M12 The Vector M12 is a sports car manufactured by Vector Aeromotive under parent company Megatech, and was the first car produced after the hostile takeover of the company from Jerry Wiegert by the Indonesian company Megatech. The model was prod ...

* Vector SRV8

References

External links

Automotive Company in Indonesia
Offshore companies of Bermuda Car manufacturers of Indonesia {{Indonesia-company-stub