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TVR sold

By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.

Volvo testing new safety features

Volvo outlined three new technologies that it says will help make the Volvos of the future a good deal safer: autonomous driving, “Intersection Support” and animal detection. Volvo says it's tailoring technologies to the way people drive, by which it means poorly. The company claims that “surveys from three different research institutes in the United States reveal that modern drivers spend 25 to 30 percent of their time behind the wheel doing other things, such as focusing on mobile communication.” Volvo's new technologies are said take this into account and “provide the driver with the right support at all times.” By using a camera and radar, future Volvos will be able to follow the car in front while driving in slow traffic using an autonomous-driving function.

New Denza EV brand to be launched by Daimler-BYD joint venture

Mercedes-Benz sources have confirmed that Daimler and BYD Auto's Chinese joint venture is set to launch Denza, a new zero-emissions brand. The first Denza will be unveiled at next month's Beijing motor show and is based on the underpinnings of the first-generation Mercedes-Benz B-Class W245. The car's design is believed to have been undertaken by Daimler's Advanced Design Center in Beijing, led by Olivier Boulay.