Caterham Cars sold to Japanese firm VT Holdings

Caterham has been bought to the Japanese retail group, VT Holdings, marking the first time the legendary model has handed from British regulate in its in the vicinity of fifty-yr heritage.

The sale is not wholly out of the blue, as VT Holdings has been Caterham’s Japanese importer because 2009, selling much more than one hundred twenty Caterham cars and trucks per year across its network of two hundred dealers. So the new owners have a rather fantastic grasp on Caterham’s key beliefs.

The firm’s Main Government, Kazuho Takahashi, also shares quite a few of Caterham’s pursuits, which include a passion for racing. Through the past 20 years, he’s competed in the Japanese Grand Touring Motor vehicle, Tremendous GT and Tremendous Taikyu championships, professing a few of wins and a handful of podiums in the course of his occupation.

Takahashi has now retired from the quickest Japanese racing collection, as he recently turned sixty eight years old but he’s nonetheless racing athletics cars and trucks in the lesser divisions. He also appears to be to favour British cars and trucks as, for the past few of years, he’s raced a Lotus Evora.

Commenting on his company’s acquisition of Caterham, Takahashi explained: VT Holdings is happy to welcome Caterham to the group. We have not only ordered a globally renowned performance motor vehicle producer but become custodians of a motoring legend. We will guard and create the 7 to meet the legislative worries that lie ahead.”

Graham MacDonald, main govt of Caterham Automobiles, extra: “Takahashi-san and the staff genuinely realize the DNA of the Caterham model, our heritage, our customers and our passions. As a staff, we’re all fired up about starting to generate the up coming chapter for this quite distinctive model.”

VT Holdings has also invested in the Thai and South African marketplaces, that means Caterham could shortly glance to increase its sales network. At the moment, the British model sells to 20 marketplaces around the entire world, with exports accounting for 60 percent of its sales.

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