Nikolai Smolensky, owner of TVR, has officially given up any hope of restarting car production.
Smolensky made the revelation to Autocar, saying that customer demands and costs of production are too high to make a return to building sports cars viable.
Since production officially ceased in 2006, Smolensky had been trying to return to building TVR sports cars. They even made three prototypes: "A Tuscan Mk2 with a 400hp Corvette LS3 engine, a Cerbera powered by a BMW twin-turbo V8 diesel and a GT350 powered by a 100kW electric motor. They all worked well but the costs were high. We would have had to sell them at between £100,000 and £200,000, which was too high to make sense."
Smolensky has no immediate plans to sell the TVR name either, so that's it folks: TVR will not make a car again for the foreseeable future.
