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Jaguar to handbuild new £1m E-type Lightweights (2014) first pictures

By Phil McNamara First Official Pictures 14 May 2014 09:16 Jaguar’s E-type is coming back from the dead, in ultra-rare ‘Lightweight’ form. A special team of craftsmen will handbuild six cars, all picture-perfect reproductions of the legendary Lightweight E-types from 1963-64. The 'new' cars are expected to sell for around £1 million each; established Jaguar collectors with a thirst for racing and a desire for a wondrous slice of motoring memorabilia get your name down now.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Miko's high performance material with an ecological edge

Italian company Miko specializes in the development and production of Dinamica, a high quality ecological microfiber that can be used for anything from car door panels or upholstery to fashion accessories. The faux suede material is produced from a combination of recycled polyester and polyurethane fibers, and is also 100 percent recyclable at the end of its lifecycle. Lorenzo Terraneo, CEO of Miko, says: "Our priority has always been to invest in the research and development of recycled and eco-compatible materials with special characteristics that go far beyond existing qualitative standards." It is a testament to Terraneo's commitment that his company achieved its early aspirations and eco credentials long before concern for the environment and the reduction of carbon emissions was high on the political agenda or prevalent in the public conscience.