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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.

Jaguar F-Type 3.0 litre V6 Supercharged engine trailered (video)

The Jaguar F-Type is to get a new 3.0 litre V6 Supercharged engine and Jaguar are trailing it in a new video ahead of launch. We finally learnt in April that the C-X16 Concept would come to life as the Jaguar F-Type and just a few days later that the F-Type would be getting a new V6 supercharged 3.0 litre engine (amongst others). But with the launch of the Jaguar F-Type Roadster still almost a year away (spring 2013), Jaguar are keeping up the marketing impetus with a trailer video of the new supercharged lump destined for the E-Type’s spiritual successor.

GM to pull Cadillac from some European markets

General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. carmaker will focus on markets such as Russia, the United Kingdom and Switzerland where the luxury brand has been able to compete against Germany's BMW, Mercedes-Benz and Audi premium brands.