Mastretta Halts MXT Production Amidst “Negligent Management"
If you’re unfamiliar with the lovely MXT sportscar, all is forgiven. The Mastretta brand is a relative newcomer to the automotive world, and being the first automaker to hail from Mexico has been a challenge all its own. But things might have just gotten a bit worse. According to a release the brand sent out earlier in the week, Mastretta has halted cited “clumsy, irresponsible and negligent management,” to which they will be restructuring the brand. During that time, the brand will be halting production of its MXT. PHOTOS: See More of the 2008 Mastretta MXT Prototype
With the MXT production at a standstill, a restructuring means the brand isn’t dead just yet. Brand Manager of Mastretta Cars Europe, Steve Hindle, is hopeful of the future:
“It’s not the end for Mastretta,” Hindle told GTSpirit. “But it’s going to take a lot of work, a lot of compromise, and some serious common-sense to allow us to move forward.”
Here’s hoping that this creative company does find its way.
PHOTOS: See More of the 2011 Mastretta MXT