2008 Chevy Impala 38441 Miles Fuel Pump 2345534 on 2040-parts.com

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.

Hyundai goes K-Pop and releases an album

Hyundai has teamed up with Korean pop stars to create an album of music inspired by the new i40, New Generation i30 and Veloster. We’ve loved the way Hyundai has moved its products on from  Halford’s special to mainstream credible in quick sticks, and their PR teams have been on the ball too with good initiatives and a willingness to make things happen. But we’re not too sure how effective a new album of music by Korea’s K-Pop stars – inspired, we’re told, by the new i40, New Generation i30 and Veloster – is as a marketing tool.

VW XL1 SEV to take on the hillclimb at Goodwood Festival of Speed

The super frugal – and super slippery – VW XL1 (pictured) will take on the Goodwood hillclimb Visitors to the Goodwood Festival of Speed can spend endless hours watching a seemingly endless precession of supercars take on the hillclimb. But one supercar this year will be a bit different. Volkswagen are taking their super slippery, super frugal supercar – the VW XL1 SEV – to Goodwood next month and are planning on taking it up the hillclimb in the capable hands of former F1 champion Jacky Ickx.