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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.
Ford Start Concept – Beijing
Thu, 22 Apr 2010Ford will unveil the Start Concept - a global city car - at the Beijing Motor Show We really didn’t see this coming – at least not yet – but Ford have pulled off a surprise ahead of the Beijing Motor Show by unveiling a Global City Car – the Ford Start Concept. We’re pretty sure this really is just a concept – although no doubt a direction pointer for Ford’s aspirations - but the 3-pot Ecoboost engine in the Ford Start is definitely not a concept engine. We’ll start with the engine in the Ford Start.
Tesla: Factory on track for 2012 Model S launch
Wed, 01 Jun 2011At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.