Production and Launch
The first De Tomaso Mangusta was completed on November 10, 1999. On January 6, 2000, at the Los Angeles Motor Show, Bruce Qvale announced the return of the De Tomaso brand to North America with the new Mangusta. Also announced was the Mangusta's entry into racing, with Qvale Motorsports entering a car sponsored by Tommy Bahama into the BF Goodrich Tires Trans-Am Series. The Mangusta went on sale for 78,900 USD on January 20, 2000, with a single ordering option of 18-inch alloy wheels.
As the Mangusta was being launched, Alejandro de Tomaso was independently pursuing another design project (which was to recycle the De Tomaso Pantera name). Because the De Tomaso company was being financially supported by Qvale at the time, this caused disharmony between Qvale and de Tomaso that ultimately resulted in the decision to discontinue their cooperation on the project. The De Tomaso Mangusta was renamed the "Qvale Mangusta", and production continued.
Twenty-nine cars were manufactured for the purpose of crash-testing and homologation. Also, a partially completed right-hand-drive Qvale Mangusta was shown at the British Motor Show in October 2000. Ultimately, 284 cars were sold.
Read more about this topic: Qvale Mangusta
Famous quotes containing the words production and/or launch:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (18721933)
“I had often stood on the banks of the Concord, watching the lapse of the current, an emblem of all progress, following the same law with the system, with time, and all that is made ... and at last I resolved to launch myself on its bosom and float whither it would bear me.”
—Henry David Thoreau (18171862)