Editing Talbot-Lago (section)

===Antonio Lago===
In 1932, after the onset of [[the Great Depression]], Italo-British businessman [[Antonio Lago]] was appointed managing director in the hope that he might revive Automobiles Talbot's business. Lago began this process, but the owners were unable to stave off [[receivership]] beyond the end of 1934. The receiver did not immediately close Automobiles Talbot, and in 1936 Antonio Lago managed to complete a [[management buy-out]] from the receiver.