Caterham has been offered to the Japanese retail team, VT Holdings, marking the initially time the legendary brand name has passed from British handle in its in close proximity to 50-yr record.
The sale isn’t absolutely out of the blue, as VT Holdings has been Caterham’s Japanese importer because 2009, providing a lot more than a hundred and twenty Caterham cars every year across its community of 200 sellers. So the new house owners have a pretty excellent grasp on Caterham’s essential beliefs.
The firm’s Chief Government, Kazuho Takahashi, also shares numerous of Caterham’s interests, including a enthusiasm for racing. All through the earlier 20 yrs, he’s competed in the Japanese Grand Touring Car, Tremendous GT and Tremendous Taikyu championships, declaring a couple of wins and a handful of podiums for the duration of his vocation.
Takahashi has now retired from the swiftest Japanese racing series, as he lately turned 68 yrs previous but he’s nevertheless racing sports cars in the lesser divisions. He also looks to favour British cars as, for the last couple of yrs, he’s raced a Lotus Evora.
Commenting on his company’s acquisition of Caterham, Takahashi explained: VT Holdings is proud to welcome Caterham to the team. We have not only obtained a globally renowned effectiveness car maker but grow to be custodians of a motoring legend. We will defend and establish the 7 to meet up with the legislative problems that lie ahead.”
Graham MacDonald, main government of Caterham Cars, added: “Takahashi-san and the group genuinely fully grasp the DNA of the Caterham brand name, our heritage, our buyers and our passions. As a group, we’re all excited about setting up to create the upcoming chapter for this really exclusive brand name.”
VT Holdings has also invested in the Thai and South African marketplaces, this means Caterham could quickly seem to extend its sales community. At this time, the British brand name sells to 20 marketplaces about the world, with exports accounting for sixty per cent of its sales.
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