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TVR goes off the rails

By Tim Pollard Motor Industry 02 January 2007 03:25 British sportscar manufacturer TVR is fighting for survival after crashing into administration over Christmas. Blackpool Automotive Ltd, TVR's manufacturing arm, has stopped building cars at the Blackpool HQ, its home since 1947. Around 250 members of staff stayed at home this week, waiting to discover their fate.

NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.

Hyundai ix35 / Tucson ix launched

Hyundai has launched the ix35 / Tucson ix in Korea We reported a few days ago on the new Hyundai Tucson – the Hyundai ix35 in Europe – but we won’t get the release in Europe until Frankfurt, although there will be more dribbles of info before then. Still, interesting to look at the ix35 launch in its home market, where it will be known as the Hyundai Tucson ix. This is yet another car from Hyundai that will create a few waves of consternation amongst established names like Ford and VW.