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TVR sale latest

By Tim Pollard Motor Industry 08 February 2007 04:17 More than 30 parties have expressed an interest in buying the remnants of TVR, the sports car maker which crashed into administration over Christmas - and the factory could move to Asia. Administrator PKF (UK) LLP has spent the past month clarifying the assets of Blackpool Automotive Ltd, the company that ran the Blackpool factory, and it in fact holds several trump cards that could prevent the Russian owner switching production overseas. The sale advert in the Financial Times reveals that Blackpool Automotive controls the TVR trademark in Europe and the US, as well as all the intellectual property rights and tooling for the sports cars.

Toyota Yaris Hybrid will cost under £15,000

The Toyota Yaris Hybrid will cost less than £15k Toyota has announced that the 2012 Toyota Yaris Hybrid will cost ‘under’ £15,000, with first customer cars arriving in July. Unlike much of the rest of the world, the UK is not getting the more compact Prius C. Instead, we have a much better option – the Toyota Yaris Hybrid – which we now know will cost ‘under’ £15,000.

Chevrolet Corvette Stingray to showcase Toyo Tires at SEMA

If you thought that tire manufacturer will just have tires at their stands at SEMA... you probably haven't been to SEMA. The manufacturers' new tires tend to be coupled with spectacular show cars created in partnerships with tuners and coachbuilders, and this year there will be no shortage of show cars sporting the latest tires.