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Ex-TVR chairman Peter Wheeler (1944-2009)

By Peter Adams Motor Industry 12 June 2009 11:50 Peter Wheeler, the chairman of TVR from 1980 to 2004, has died. Wheeler was in charge of TVR during some of the company’s finest modern years, launching lightweight and powerful rear-wheel drive Blackpool-built sports car including the Chimaera and Griffith, and the Cerbera, Tuscan, Tamora and Sagaris with TVR's own engine. Wheeler passed away during the night on Thursday 11 June after a short illness.

Audi Urban: Design Miami

Audi’s Urban Future program continues with the ‘Design Miami: Streets without limits’ piece. Designed by architect Bjarke Ingels, the digital street has been created for the forthcoming Design Miami 2011 exhibition. Originally penned back in 2010 for the Audi Urban Future Award architecture competition, Bjarke Ingels Group have now tweaked their original submission into a three-dimensional LED installation. Depicting a street without limits, the installation shows a scenario of the future where functionality can change to prioritize pedestrians or traffic.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.