De Tomaso supercar revival hits speed bump

De Tomaso supercar revival hits speed bump
Within days, the De Tomaso P70 had more legitimate purchase inquiries than the planned 72-unit run. (Image: De Tomaso)
Bloomberg
By Joe SchneiderA planned revival of Italian sports car brand De Tomaso as a maker of million-dollar supercars appears to have hit a speed bump with a lawsuit against the founder by the former chief executive officer.Ryan Berris, who joined De Tomaso Automobili Holdings NA in 2014 as CEO and lead developer of its planned P72 supercar, sued the company and its founder, Hong Kong financier Norman Choi, on Wednesday in Manhattan federal court. Berris claims he was fired last year because he stood in the way of Choi’s plans to move forwa...

More Bloomberg

How Saudi Arabia turned back climate progress at summit
Politics

How Saudi Arabia turned back climate progress at summit

Oil giant crucial in ensuring nations were not called on to eschew fossil fuels.

Bloomberg 01 Dec 2024
Australia bracing for big wave of retirees
Policy

Australia bracing for big wave of retirees

Around 2.5 million people forecast to start drawing on super in next decade.

Bloomberg 23 Nov 2024
Bird flu threatens home of wandering albatrosses
Bloomberg

Bird flu threatens home of wandering albatrosses

Half of species' 25,000 remaining birds breed on sub-Antarctic island.

Bloomberg 17 Nov 2024
Zuckerberg wants to feed us more AI slop. No, thanks
Technology Opinion

Zuckerberg wants to feed us more AI slop. No, thanks

Meta CEO seeks to flood social feeds with machine-made content.

Bloomberg 09 Nov 2024