Drink and drive: Artega sold to investment firm that backs Corona

Klaus Dieter Frers will resign his position as CEO of his brand Artega, which has now been completely sold to Mexican private investor Tresalia Capital, who has held a minority stake in Artega since October 2008. Tresalia Capital, which now owns 100 percent of Artega, is also one of the major shareholders in the Mexican Modelo brewery – brand name “Corona.”

Tresalia Capital has asked former BMW engineer Wolfgang Ziebartto to take up the day-to-day responsibilities in running Artega.

“A remarkable entrepreneurial achievement has led to an exciting vehicle, up to date in its concept, and timeless in design”, Wolfgang Ziebart said. “After a first drive in the Artega GT I have spontaneously agreed to further accompany this car and I will do everything to make it a success.”

Production of the Artega GT coupe will continue as planned at a new plant in Germany later this year.

Ford those of you that forgot, the Artega GT is a coupe designed by Henrik Fisker, the man responsible for the BMW Z28, Aston Martin Vantage and most recently, the Fisker Karma. It will powered by a 300-hp 3.6L FSI V6 from Volkswagen allowing it to go from 0-62 mph in less than 5 seconds with a top speed of 167 mph.

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– By: Kap Shah