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De Tomaso crisis, Indian investor on the way. The announcement in October

The company's situation, with plants in Grugliasco (Turin) and Livorno, remains critical, but the Rossignolos ensure that an Indian investor is interested in entering the capital. The announcement expected in October. The family, however, should retain control of the enterprise.

The situation for the De Tomaso car company is increasingly complex, being relaunched by the Rossignolo family, but grappling with delays and financial difficulties. It seems, however, that an Indian investor has shown up.
“We are in the final phase of the negotiations, which have taken longer than expected due to the global crisis – underlined the vice president Gianluca Rossignolo, son of the patron Gianmario – but the Rossignolo family is not exiting the project. There will be a capital and financial strengthening and within the first fortnight of October we will announce news about a qualified investor, with important capital".
He would be of Indian nationality and will enter the capital of De Tomaso. The announcement should come in October. Rossignolo rejects the news that his family intends to leave De Tomaso and that the over one thousand jobs in the Grugliasco (Turin) and Livorno (formerly Delphi) plants are at risk. “There is someone who believes in the industrial project and will put money into it”, concluded Rossignolo.

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