![]() ![]() The investor group, which consists of about a dozen well-heeled individuals, was formed in 2013 to buy TVR from Russian oligarch Nikolai Smolenski, who nearly drove it to ruin. TVR is known to have two locations in mind, and is said to be close to making a decision. Customers, the partners believe, will be as keen on competition as they are.Įdgar said his partners are resolved to make TVRs in the UK but the factory location won’t be decided until they have assessed the logistics of their manufacturing process, plus regional development schemes and skill and supplier bases. “We are a well-funded, well-supported organisation that boasts a vastly experienced management team and a clear 10-year master plan for both product and business development.”Įdgar, Chasey and Murray all have extensive connections with sports car racing, especially at Le Mans, and even at this early stage the car is being configured with a racing life in view. “This is a unique opportunity to be part of the revival of a great British marque,” said Chasey. The company has said that production in 2017 will be "in the low hundreds." Volume targets are also still being decided, but since the company plans to be guided by TVR’s numbers in its healthy years, an output of 1000 to 1500 units a year looks likely. The intention is to re-establish the marque in the same performance-minded, driver-centric territory from which it departed nine years ago, when production ceased at its former factory in Blackpool.Īlthough radical in design and new in every detail, the reborn TVR car range is aimed both at the powerful and demanding band of existing TVR aficionados that has never gone away - not least because most members of the company’s backing consortium are members themselves - and a new generation seeking an affordable supercar that can be driven every day. The iconic sports car marque’s backers have already spelled out the first details of a 10-year plan that will put at least four new TVRs on the road from 2017. Returning after an absence of nearly 10 years, the new TVR has been designed by engineering guru Gordon Murray and will be powered by a unique, hugely powerful Cosworth V8 engine and backed by an ambitious and well-funded ownership team. John Chasey, TVR’s operations director, has said that any orders now placed will not be delivered until 2018. The new company started taking deposits for the planned new sports car four weeks later, having enjoyed a high level of demand from the public. TVR announced it was going back into production in June 2015, with Gordon Murray Design and Cosworth Engineering signed up as key partners. The engine will produce between 450 and 500bhp. In October of last year, the company fired up its new Cosworth V8 engine for the first time. Last year, TVR officials admitted the firm has already sold out its allocation of production cars for 2017. The image was intended to give deposit holders a taste of what the car will look like rather than reveal any of its production details. TVR sent out a teaser image of its new sports car over Christmas, and later admitted that the drawing was in fact a modified version of Autocar's own rendering. There will be an opportunity for deposit holders to register interest if they would like to participate." Our intent is to unveil the styling of the new car in the coming months at a public event, although we will be conducting car clinics before then. With deposits continuing to flow in, we will be looking to close the order book for the Launch Edition car shortly. Company chairman Les Edgar said: "The response has been fantastic. More than 300 people are known to have placed deposits for the new TVR. The standard car will still be constructed using the iStream process, but will feature glass-reinforced plastic panels. After that, owners will be able to specify the technology as a cost option. TVR has also confirmed that it will offer a special 'launch edition' of its upcoming sports car, which will feature the iStream Carbon technology as standard. Read about TVR's new Circuit of Wales-based plant here Development mules for the new car will enter testing in the next few months, ahead of the car's launch in 2017. While Murray's iStream chassis is already very strong, TVR is understood to be leaning towards the extra strength advantage rather than weight savings - something which could be neccessary if the sports car is to acheive its target of around 400bhp/tonne. Electric Alfa Romeo keeps saloon shape despite SUV popularity. ![]() GSR2: The rules making cars safer but more expensive.Porsche Macan to stay in UK as EU sales end.
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