London Motor Show – Battersea Evolution, 5–8 May 2016

Following a very successful London Motor Show, we are pleased to report continued great interest in the new TVR

Following a very successful London Motor Show, we are pleased to report continued great interest in the new TVR

Following a very successful London Motor Show held at Battersea Evolution, we are pleased to report continued great interest in the new TVR, from the press, the trade, and private individuals alike.

The Battersea show was the first public show that TVR have attended in almost 10 years, and everyone with whom we spoke indicated they had a great day and were enthused about the return of TVR to the sports car sector.

Our stand displayed both a beautiful 1966 Griffith 400 and also a full size model of the new car that is being used for ongoing development purposes. As some of the fine detail is still being finalised, the covers were not removed, despite several attempts by both onlookers and even Tiff Needell!

The initial unveiling will take place at an exclusive private event for depositors later this year, with the full public launch to follow in 2017.

With over 400 deposits already placed, there remain less than 100 positions available for the Launch Edition model – now confirmed to be limited to 500 cars – after which prospective purchasers will be able to join a reserve list should they choose to do so.

If you were unable to attend the show, please take a moment to look at our new YouTube channel, where you will find a video of a graphic reveal that was recently filmed at our design studio, and a 360° video from the Motor Show stand which can be interactively viewed with many mobile devices, or with the use of a mouse.

If you choose to subscribe to the YouTube channel, this will ensure that you do not miss any future video or live feed updates. You can also follow our Twitter feed.

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TI Automotive Opens New Manufacturing Facility In Monterrey, Mexico

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DENSO Invests in Semiconductor Laser Startup TriLumina

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TVR announces forthcoming production facility in South Wales and significant additional investment in the project

TVR today announces that it will build a production facility in Ebbw Vale Enterprise Zone, South Wales

TVR today announces that it will build a production facility in Ebbw Vale Enterprise Zone, South Wales

Resurgent British sports car maker, TVR, has announced today that its new production facility will be located in the Ebbw Vale Enterprise Zone in South Wales. The Welsh Government will also invest in the car maker, further enhancing this exciting manufacturing project which represents over £30 million of capital expenditure over the next five years.

The contracts to locate the new TVR factory in Wales were signed on the 18th March 2016 and the deal was officially announced by Rt. Hon Carwyn Jones, the First Minister of Wales, during a press conference this morning. Currently, TVR is looking at several specific options for the precise location of the factory, the outcome of which will be the subject of a separate announcement in the coming weeks.

Les Edgar, Chairman of TVR said: “This is a fantastic opportunity both for TVR and the Welsh Government. South Wales is becoming a major hub for automotive and motorsport technology and development and the area is a serious opportunity for business development and job creation. We have a sports car project that has garnered global approval and excitement, and we are delighted that the Welsh government wish to become a part of an exciting new era for TVR.”

The First Minister said: “This is yet another fantastic high profile investment for Wales and a great boost for our automotive sector. TVR is another iconic and much loved, world-class brand that still commands a strong and loyal international following. I am delighted the next generation of TVRs will proudly bear the label Made in Wales.

“Today’s news follows hot on the heels of the Aston Martin announcement and sends out a strong, clear message that Wales is the location of choice for advanced manufacturing. It also illustrates that our pro-business approach is delivering results, attracting significant investment and creating high quality jobs and it is another huge boost for Wales, for our automotive sector and for our skilled workforce.”

The new TVR project, which was announced in early 2015, has already secured in excess of 350 deposits for the fantastic new launch edition car, which features innovative design and styling that maintains the distinctive TVR DNA, but also includes F1 inspired, ground-effect technology. The chassis and body has been designed by Gordon Murray of Gordon Murray Design Ltd.and will be the first production car to be manufactured using their revolutionary iStream® assembly process. Power is provided by a Cosworth tuned and enhanced V8 engine. The Welsh factory will be busy fulfilling orders that already run through to the end of 2018.

TI Automotive Acquires Millennium Industries Corporation

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Taxify update: Share trip ETA with friends.

Ever had to explain that you’re running late but you’re already on your way? We can’t help you make up better excuses, but we can provide proof that you’re on the move. New Taxify feature lets you share details of your trip with friends and family. Simply tap “SHARE” during your ride (works even before driver arrives!) and… Continue reading Taxify update: Share trip ETA with friends.

MICHELIN sponsors Melanie Astles, the first female pilot competing in the Red Bull Air Race World Championship

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Formula-E 2017/2018 – Rome – The MICHELIN Pilot Sport EV2 combines high performance with longevity in the Eternal City

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Automobili Lamborghini makes 2015 the Best Year in Company History

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Sant'Agata Bolognese, – Over the course of the past fiscal year 2015 (31.12.2015) Automobili Lamborghini S.p.A. achieved historic highs in the main corporate figures. Global sales of Lamborghini super sports cars increased by 28% from 2,530 to 3,245 units. This growth represents not only an increase in volumes compared to the previous year, but a considerable gain. In fact, the company exceeded its previous threshold of more than 3,000 units sold worldwide.
Turnover increased exponentially from 629 to 872 million euros. This represents an increase of 39%, due to strong sales growth generally and a substantial contribution to total sales worldwide from high-value V12 Lamborghini Aventador derivatives.
Lamborghini is earning profits and continues on a sustained growth path. All new projects are financed out of the cash-flow.
“In 2015 we achieved business growth for the fifth year in a row and historic highs with key figures. We have also made wide-reaching strategic decisions that will facilitate the company's mid and long-term success in global luxury automobile markets,” says Lamborghini President and CEO, Stephan Winkelmann.
The Huracán LP 610-4 made 2015 the most successful year in history for deliveries of V10-engined Lamborghini models. In its first full year on the market, a total of 2,242 Huracán units were delivered to customers. In the first 18 months following its market introduction, Huracán deliveries were 70% higher than those of its predecessor, the Gallardo, in the same period after market introduction.
Deliveries of coupé and roadster versions of the twelve-cylinder Aventador LP 700-4, as well as the new Aventador LP 750-4 Superveloce, amounted to a total of 1,003 units. The Aventador's success story was also demonstrated by delivery numbers in the 52 months following market introduction, with an increase of 124% over sales of its Murciélago predecessor within the same time period.

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