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Archive for the ‘Artega GT’ Category

A few years ago, an ambitious company – Paragon Parts Group – tried to make its mark on the auto industry with the Artega GT, a Volkswagen-sourced V6 engine sports car that produced well over 300 horsepower. At that time, it was PPG’s hope that the Artega GT would catch the attention of car enthusiasts – particularly those from Europe – and signal the arrival of the Artega GT to the sports car segment.

Fast forward to present times and the only attention the Artega GT has received recently is news that owner Klaus Frers has decided to sell the car brand to one of its private investors, Tresalia Capital.

A lot of you may not be familiar with Tresalia Capital – neither were we – but upon further investigation, we learned that the company is one of Mexico’s leading investment firms and is led by one of the country’s most powerful women, Linda Alvarado, who is actually the grand-daughter of Felix Aramburuzabala, the founder of Grupo Modelo, which introduced to the alcohol-consuming population Corona, Modelo, and Pacifica.

This is probably the only situation where the words ‘sports car’ and ‘beer’ mentioned in the same sentence isn’t exactly a bad thing.

In any case, as far as the production of the cars are concerned, the turning-over to a new ownership won’t affect the scheduled 500 units that are currently being built at its plant in Germany and, unfortunately, despite having its new owners near local soil, the Artega GT is still not expected to be shipped in the US anytime soon.

Tresalia Capital purchases Artega GT from Paragon Parts Group originally appeared on topspeed.com on Wednesday, 27 January 2010 09:00 EST.

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