News
The Maker Of “T-Rex” Shuts Down After Failing To Find Funding
Campagna Motors, the company responsible for the manufacture of the of three-wheeler, T-Rex, called it quit.
This happened after they failed to find funding for the project.
The Canada-based auto-maker filed for bankruptcy protection in early August 2018.
At the time, the company stated that it wasn’t liquidating any assets during the process and simply discharging debt and re-structuring its finances with creditors.
The company, in a recent Facebook post, made the disclosure of their shut down.
In the post, former Campagna president Andre Morissette said that the company could not find the necessary funding to survive.
Campagna planned to produce a three-wheeled roadster with an electric powertrain from Zero Motorcycles. Testing of the vehicle was scheduled to commence in thein the middle of 2018.
Campagna was founded in Quebec by F1 mechanic Daniel Campagna and car designer Paul Deutschman. The T-Rex was built for almost three decades.
-
Celebrities Auto5 days agoInside KC Luxury’s Car Collection: From A ₦2.5B Brabus 800 Adventure XLP To Alicia Keys’ Former Maybach
-
Celebrities Auto3 days agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
News1 week agoMansa Fulfills Challenge: TikTok Star Peller Gifted ₦300 Million Mercedes-Benz G-Wagon
-
News1 week agoUltra-Rare, Centre-Driving McLaren F1 GTR Fetches Record $34.6 Million At Auction
-
News1 week agoPorsche And Chinese Company Xpeng Collaborate To Lower Average Emissions In Europe
-
News1 week ago“Wike Carry ‘Rivers’ Come Abuja”: Citizens React As Flash Floods Submerge Luxury Vehicles
-
News1 week agoAmerican Icon Shelby Cobra Daytona Coupe That Beat Ferrari 250 GTO In 1965 Sells For Record $42.9 Million
-
News3 days agoWho Is Herbert Wertheim? The 87-Year-Old Billionaire Who Bought The $40M Ferrari Luce “Chassis 0”