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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.

Road funding must increase, say MPs

THERE needs to be a big increase in Government funding and a change of approach for England's major road network if predicted traffic increases are correct, according to MPs. But any move towards using road charging to pay for the extra funding couldn't be achieved without broad agreement among politicians and motorists, said the House of Commons Transport Committee. In a report the committee added that it was "not convinced" by the case for establishing the Highways Agency, the body responsible for England's motorways and major A-roads, as a Government-owned company.

Government CO2 cock-up

By Richard Yarrow Motoring Issues 03 June 2007 02:32 Britain’s new eco-motoring scheme postponed Plans to help Britain’s drivers choose the greenest car for their budget have been thrown into chaos, CAR Online can reveal. The launch of a new Government website for motorists – called www.actonco2.co.uk – has been cancelled just 16 hours before it was to go live. Amazingly, the Department for Transport (DfT) has admitted the eleventh hour delay was because it realised the CO2 data to published wasn’t accurate.