News Type – Page 40746 – I wish I had more to offer

Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion

Foxconn Technology Group has invested an undisclosed amount in a strategic investment in China’s bike sharing company Mobike as part of a wider partnership, the companies announced today. The exclusive strategic partnership will enable Mobike to increase global production capacity of its smart bikes to over 10 million units annually, and reduce the cost of… Continue reading Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion

Signature of two major contracts with Daimler

Clichy, January 7, 2014 Montupet, the specialist in cast aluminium alloy components for the automotive industry, announces today the signature of two major contracts with Daimler. These contracts concern the design and production of cylinder heads which will be produced at the Group’s Bulgarian site, one of the most modern foundries in the world. Already… Continue reading Signature of two major contracts with Daimler

TriLumina Collaborates with Analog Devices for Next Generation Flash LiDAR Illumination Module

January 4, 2017 January 4, 2017 – Albuquerque, NM, TriLumina Corp. today announced a collaboration with Analog Devices, Inc. (ADI) for a new integrated, solid-state illuminator module for automotive FLASH LiDAR systems. The integration of TriLumina’s innovative Vertical Cavity Surface Emitting Laser (VCSEL) array laser emitters with ADI’s patent pending high-speed pulse laser driver enables… Continue reading TriLumina Collaborates with Analog Devices for Next Generation Flash LiDAR Illumination Module

Tencent, Warburg Lead $215M Series D Round In China’s Mobike

Chinese Internet giant Tencent Holdings Ltd. and Warburg Pincus have led a US$215 million series D funding round in Mobike, a Chinese smart bike-sharing company. New strategic investors including China’s largest travel company Ctrip, TPG, and Chinese hotel operator Huazhu Hotels Group, as well as existing investors Sequoia Capital China and Hillhouse Capital also participated.… Continue reading Tencent, Warburg Lead $215M Series D Round In China’s Mobike

Dieter Gass – Biography

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BMW and Daimler let Apple flash off with iCar

Apple is suffering a setback in its expansion into the car market. According to “Handelsblatt” both BMW and Daimler reject a partnership with the IT giant. BMW headquarters in Munich Thursday, 21.04.2016 10:56 The US company Apple apparently failed with his attempt, along with BMW or Daimler to build a car. Appropriate negotiations are over,… Continue reading BMW and Daimler let Apple flash off with iCar

The TVR Network goes live

Whether you’re a fan of the marque, interested in maintaining or restoring your cherished TVR, looking to buy or sell an appreciating modern classic, wanting to protect your TVR’s value, or take a race-prepared TVR to the track, TVR Network is the place to go.

Owners seeking the very best for their cherished TVR will rightly want honest, reliable garage services provided by experts fitting TVR Genuine Parts. Those yet to discover the joys of ownership, but who are now considering buying an appreciating TVR classic, will want to know where to go for sound buying advice. Racers and performance enthusiasts alike will seek specialist guidance before upgrading their beloved cars for even more focused exhilaration.

No matter what your area of interest in TVR, there is now a fully authorised network in place to help you find the expertise and resources you’re looking for. TVR Network brings together the very best of all the businesses concerned with our marque. Most offer many years – indeed decades – of experience with TVR cars, and we are proud to say that there is simply no better informed, better resourced, or better value place to go, to meet all your TVR needs.

Whether your interest is in preserving original specifications or enhancing them, TVR Network can help, via its ‘Heritage’ and ‘Performance’ divisions.

You can read all about TVR Network in the dedicated area of our website; you’ll also find a complete list of current members, and a search facility to quickly locate precisely the services you’re looking for. If you don't find what you are searching for, please contact us here.

PERFORMANCE, RELIABILITY, VALUE, TRUST. All proudly delivered by the members of TVR Network

To use an old saying…

…‘No News Is Good News’. Everyone at TVR remains acutely aware of the expectation among enthusiasts as well as the appetite for updates on the new cars.

Such high levels of interest are tremendously flattering and, as we continue to make exciting progress with our development plans, it’s certainly tempting to reveal snippets.

However, we continue to believe it’s best not to share details of our plans publicly just yet. We understand this is the source of a little frustration for some, though a majority of the community have been generous in applauding our tight-lipped stance. In previous years there have been disappointments, when early announcements came to nothing, and we’re determined not to make similar mistakes. However, we’re pleased to report enormous progress towards TVR’s return and our relative silence shouldn’t be interpreted as anything more than our absolute focus on making this comeback permanent.

TVR to return with new car designed in collaboration with Gordon Murray Design

Revered British sports car brand, TVR, is roaring back to production with an incredible all-new Cosworth powered sports car, engineered in collaboration with F1 and road car design legend, Gordon Murray.

TVR has developed a product and launch programme that will see at least four new models brought to market over the next ten years
Positioning and pricing set to be consistent with TVR’s past market positioning and highly competitive within its segment

The iconic British car brand, TVR, has today announced that it will return to the market with an all-new British designed and built sports car. The company, which boasts an outstanding new management team, has developed the new car in collaboration with Gordon Murray Design and Cosworth, each providing much of the core design and engineering capability for the all-new TVR. This incredible project is already well advanced with over a year of development completed so far.

TVR will issue more specification details and early images later in 2015, but the car will continue the tradition of a classic British two-seat sports car with a composite ground effect aero chassis and body package using Gordon Murray Design’s innovative iStream® technology. Enthusiasts will also be delighted to know that the car will feature the traditional TVR DNA of a front engine with rear wheel drive and a manual transmission, powered by a normally aspirated, dry-sumped, V8 engine, developed and engineered by Cosworth.

Les Edgar, Chairman of TVR said: “We know that a new TVR has to be better than just good – it has to be outstanding. From the outset we only wanted to work with the best partners in the business, and both Gordon Murray’s and Cosworth’s track records within motor sport and high performance car design and engineering speak for themselves. GMD and Cosworth are the perfect partners for TVR and together, we will deliver a truly exceptional new car.”

Production of the car will begin in 2017, and will be offered to the market at a competitive price point within its segment and consistent with TVR’s positioning in the past. TVR has prioritised the company’s position as an all-British institution, and the cars will be completely produced in new UK factory premises.

Gordon Murray, Chairman of Gordon Murray Design comments: “TVR is an iconic brand which has been an important part of British sports car manufacturing for many decades. Its return to manufacturing is an exciting development and the car deserves the best chassis and powertrain that can possibly be delivered. To that end, I am delighted that our company is involved with the project, and that TVR are using our iStream® technology.”

Bruce Wood, Cosworth Technical Director, said: “We are proud to see Cosworth’s industry-leading engineering at the heart of the revived TVR brand. Our team has been working closely with TVR and Gordon Murray Design to develop a powertrain solution that perfectly complements the exceptional performance characteristics of the new car. It’s an exciting project and one which well suits Cosworth’s engineering expertise.”

Edgar continues: “We are a well-funded, well-supported organisation and boast a vastly experienced management team. We are here to stay and we have a fully evolved ten year plan for product and business development, and are committed to deliver on all the targets we have set ourselves – as we have done to date.

“Despite very deliberately maintaining a low profile since completing the acquisition of TVR two years ago, we have had an enormous amount of unsolicited interest from businesses, individuals and investors internationally. Such is the strength of the brand and the passion of its followers. It is a real privilege to be a part of the revival of a great British marque – one that will succeed through our single-minded desire to produce exceptional sports cars.”

TVR Purchases Classic TVR Parts Business

As part of its ongoing plans to support existing TVR owners, TVR is pleased to announce the purchase of the parts business of David Gerald/Classic World Racing which focused on pre-1980 TVRs.

This initiative will achieve 3 important goals. Firstly, it will allow for the smooth transition of parts, including many quite rare parts for pre-1980 cars, to the already impressive stock held by TVR Parts Limited. Secondly, it means that TVR Parts Limited, the sole appointed distributor of TVR Genuine Parts, now has a comprehensive licence and access to even more historical records to better support TVR cars from every era. Finally, it will allow Classic World Racing to focus on its core business of servicing, restoring and maintaining TVRs to the highest of standards, preparing many of these cars for exhilarating track day and race winning performance.

Commenting on the deal, Chairman of TVR Manufacturing Les Edgar said, “This acquisition allows our licensed partners ‘TVR Parts Limited’ to expand the world’s deepest and widest range of stock of TVR Genuine Parts, giving even more comprehensive levels of support to existing TVR owners. All sections of the TVR community should welcome this enhancement, since a stronger TVR Parts business allows for continuity of supply, keener prices and ever-better service for owners of our much-loved cars.”

For his part, Chairman of TVR Parts Limited Graham Love added, “We are delighted to have added the pre-1980 models to the very extensive range of Genuine TVR parts we already carry, making TVR Parts Ltd the comprehensive one stop shop for all TVR owners, regardless of the age of their cars. We look forward to welcoming all owners of pre-1980 TVRs as valued new customers.”

Mike Luck, owner of Classic World Racing, said he was extremely pleased to see his parts business become part of such an exciting development. “Our parts business deserved a secure future and it is fitting that the historic records and tooling have returned back to TVR ownership.”