On the eve of the Montreal Auto Show, Campagna Motors President Andre Morissette has informed the world that the groundbreaking Canadian company has dropped a bomb on the motoring world via Facebook.
Campagna has been battling financial troubles of late, and on Wednesday, the bank has seized the company’s assets.
If the name Campagna is not familiar, certainly their product line is. The grassroots company is known around the world as the manufacturer of the ultra cool T-Rex trike, star of dozens (if not more) hip hop videos.
If you have visited Quebec, hot spots like old Montreal, Quebec City or even Trois Rivieres, you have seen T-Rexs cruising the nightlife.
“To all our customers, dealers, fans and friends out there.
Today marks the end of Campagna Motors as we know it.
Because we were not able to secure the appropriate funding to secure our proposal to creditors accepted this last November, the bank decided to secure its position and took ownership of our assets today.
It will have been a pleasure and an honor to work with you, to serve you and to spend the last 15 years of my life in this amazing adventure. It ends here and now for me unfortunately. I will be moving on in my life but from what I know today, I am hopefull that the next owers of this venture will continue to innovate and create the exceptionnal product that we have been making since 1988.
To the future adventurers that will take the leadership in the future I whish you the best of luck. I was always very proud of our vehicles that represent so well the real nature of Quebec and quebecers: audacious, unique, different and creative out of the box stuff.
Farewell my friends and long live our products.”
In his letter, Morissette hints at the “future adventurers” who will take leadership of the company, which while open to interpretation might be an indication that the company may, in some form, endure.
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