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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.

BMW limits special-edition M3 coupe to 30 copies for the United States

As the 25th anniversary of the M3 draws near, BMW is starting the celebration a bit early with a limited-edition M3 coupe for U.S. buyers. And BMW means limited--it will sell only 30 copies of the car, painted in a color called Frozen Gray.

Mini Roadster

Mini is set to add the fifth model to its family line-up in the form of the two-seat Roadster. Based around a similar concept to the recently announced Coupe, it adopts a sportier stance as well as a focus on a more youthful market. In ditching the rear seats of the cabriolet, it becomes the first two-seat convertible in the brand's history.