DeTomaso Mailing List: August 97, Message #181
     



From: MikeLDrew@aol.com

Subject: Re:  DeTomaso and Guzzi

Date: Wed, 6 Aug 1997 16:39:30 -0400 (EDT)



All,



Shane wrote:



 >The association between DeTomaso and Guzzi was short, and unfortunately,

somewhat unpleasant.



>>>In the September 1997 issue of European Car magazine, Matt Stone wrote a

three-page profile of DeTomaso.  From that, I quote:



"He acquired the ailing bike maker [Moto Guzzi] for a song in 1972 and nursed

it back to relative health.  It is alive and well because of it.  DeTomaso

Industries, a U.S. holding company, owns Moto Guzzi to this day."



It's my understanding that the holding company exists to enable DeTomaso to

wiggle around extremely harsh Italian tax laws.  But presuming that Matt is

correct, Alessandro DeTomaso still owns Moto Guzzi, directly or indirectly,

FWIW.



Well, that brings me to .04 today...



Mike



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