A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact'
unless so noted. Please visit our Hot News page for news. If you have a rumor, or can supply
more information about one listed here,
e-mail us with as
much supporting information as possible and we may post it. User Agreement and Disclaimer.
Newer rumors supersede older ones of the same topic. Go to our
forums to
discuss any rumor.
BMW to buy De Tomaso De Tomaso’s short-lived revival has pretty much gone under the tank, but despite the gloomy times from the Italian automaker, there could very well be some light at the end of the tunnel.
Automotive News Europe is reporting that the Italian Industry Ministry is looking for suitors in the industry willing to buy the struggling Italian automaker, and one of them is BMW.
The German automaker has previously stated its lack of interest in buying De Tomaso, but we all know how the winds can change course abruptly in the auto industry.
"We had confirmation that talks with possible Italian partners and with BMW continue," Giuseppe Anfuso, Turin secretary of the UILM trade union, said through a statement after a meeting that included the ministry, the unions and the local governments of the Piedmont region and the city of Grugliasco.
The hope is for a buyer to be named before the end of the year, and if that ends up being BMW, then there could be new life infused to the De Tomaso brand.
Copyright 1999-2013 | AutoRacing1 is an
independent internet online publication and is not affiliated with, sponsored by, or endorsed
by IndyCar, NASCAR, FIA, Sprint, or any other series sponsor.
This material may not be published, broadcast, or redistributed without
permission.
