OIO Group Announces New Leadership and Strategic Roadmap

OIO Group has announced significant leadership changes and a new strategic direction following its business combination. Norman Choi has been appointed as the new Chairman and CEO. The company plans to evolve into a curated platform of ultra-luxury automotive marques and specialist capabilities, focusing on rarity, craftsmanship, and collector-focused segments. Near-term priorities include establishing De Tomaso as the anchor platform, progressing customer programs, and advancing initial vehicle deliveries. The strategy involves evaluating potential acquisitions and partnerships within the ultra-luxury automotive ecosystem. De Tomaso principals collectively hold a significant stake in OIO Group, subject to lock-up agreements. The company aims to build a differentiated ultra-luxury mobility platform by focusing on low-volume, high-value programs and creating enduring brand and shareholder value.