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Qvale Automotive Group to Close Detroit Facility

13 October 2000

Qvale Automotive Group to Close Detroit Facility

    TROY, Mich., Oct. 13 The Qvale Automotive Group announced
today that it will be closing its Detroit area public relations and marketing
office currently located in Troy, Michigan.
    "Due to our change in strategy in bringing on a dealer body, it has been
decided that all dealer relation activities will be headquartered in San
Francisco," said Bruce Qvale, President and CEO of the Qvale Automotive Group.
"This has always been the case throughout the 50+ years we've been in
business, and therefore we will be consolidating all of our activities,
including public relations and marketing, through our San Francisco facility.
    "As we went from pre-production, to start-up and launch of the Mangusta,
it was our strategy to have a business presence -- both public relations and
marketing -- in the heart of the U.S. automotive industry," continued Qvale.
"Now we will consolidate operations and coordinate operations through our U.S.
headquarters in San Francisco and our Italian operations in Modena.
    "I'd like to thank Todd Platt, Vice President of Marketing, and Cynthia
Claes, North American Public Relations, for their valuable assistance in
taking the Mangusta project from a blank slate to present," said Qvale.
"Everyone at the Qvale Automotive Group, and at our Huffaker/Qvale Motorsports
division, appreciates their dedication and effort through these crucial
initial years."
    Future inquires should be directed to:  Qvale Automotive Group
                                            901 Van Ness Avenue
                                            San Francisco, CA  94109
                                            PH: 415-776-7785
                                            FX: 415-771-1164

    Or visit the web site at:  http://www.qvaleauto.com