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TVR sold
Thu, 22 Feb 2007By 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.
Chrysler Shakes Up Design Leadership
Wed, 08 Jul 2009A recent shuffle of Chrysler Group's design team could be just what the company needs to effect a quick turnaround after bankruptcy, industry analysts say. The automaker has promoted three men from within to head design for its Chrysler, Dodge and Jeep brands. These freshly created positions - part of a broader restructuring effort - will report to Ralph Gilles, senior vice president of product design.
Spanish street named after car racing video game creator
Fri, 13 Dec 2013THE SPANISH town of Ronda has named a street after the creator of car racing phenomenon Gran Turismo. Kazunori Yamauchi, the man behind all six Gran Turismo games and their respective PlayStation spin-offs, was honoured in an on-street ceremony by the Mayor and Deputy Mayor of Ronda, where the new street sign was unveiled. Paseo de Kazunori Yamauchi runs along the edge of the stunning ravine that makes Ronda a popular tourist destination.