May Cheong Group (MCG), manufacturer of Maisto and Bburago die-cast toy cars, has just secured the exclusive rights to produce and distribute Ferrari replicas around the world, thereby tolling the bell for Ferrari Hot Wheels.
Details of the agreement have not been disclosed.
The launch of four ranges of products within the Bburago brand – Signature Series, Racing, Race and Play, and Ferrari Kids – means MCG will sell over 100 new toy cars by mid-2015. Additionally, Maisto will continue to offer Ferrari model kits and other die-cast replicas.
Ferrari and MCG have been partners for more than 25 years, while Italy's Bburago (purchased by MCG in 2005) has an even longer history with the famous automaker.
Source: lamleydlm.blogspot.ca