February 22, 2024

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Caterham Cars sold to Japanese firm VT Holdings

Caterham has been sold to the Japanese retail team, VT Holdings, marking the 1st time the iconic brand has passed from British command in its in close proximity to fifty-year record.

The sale is not entirely out of the blue, as VT Holdings has been Caterham’s Japanese importer considering that 2009, selling more than one hundred twenty Caterham cars on a yearly basis across its community of two hundred dealers. So the new proprietors have a really very good grasp on Caterham’s important beliefs.

The firm’s Chief Government, Kazuho Takahashi, also shares many of Caterham’s passions, including a enthusiasm for racing. Throughout the previous twenty several years, he’s competed in the Japanese Grand Touring Auto, Super GT and Super Taikyu championships, boasting a pair of wins and a handful of podiums all through his vocation.

Takahashi has now retired from the fastest Japanese racing collection, as he not long ago turned 68 several years old but he’s nonetheless racing sports cars in the lesser divisions. He also appears to favour British cars as, for the past pair of several years, he’s raced a Lotus Evora.

Commenting on his company’s acquisition of Caterham, Takahashi said: VT Holdings is proud to welcome Caterham to the team. We have not only bought a globally renowned functionality automobile company but become custodians of a motoring legend. We will secure and establish the Seven to fulfill the legislative challenges that lie ahead.”

Graham MacDonald, main government of Caterham Cars, added: “Takahashi-san and the workforce actually comprehend the DNA of the Caterham brand, our heritage, our buyers and our passions. As a workforce, we’re all enthusiastic about beginning to generate the following chapter for this incredibly unique brand.”

VT Holdings has also invested in the Thai and South African marketplaces, indicating Caterham could shortly search to increase its product sales community. At present, the British brand sells to twenty marketplaces all around the world, with exports accounting for sixty % of its product sales.

Hungry for more Caterham content material? Go through our critique of the Caterham Super Seven 1600 in this article