In the past few years, Nikolai Smolensky made several attempts to relaunch the company’s production but he has never succeeded. The company even relocated from England to Vienna in order to develop several new models which Smolensky hoped would push TVR into a new era.
Smolensky mentioned in the report that the company had built three prototypes. A Tuscan Mk2 convertible with a 400bhp Corvette LS3 engine, a Cerbera powered by a BMW twin turbo V8 diesel and a GT350 powered by a 100 kilowatt electric motor.
Smolensky also added that the cars worked well but the costs for producing them were too high. The company had to sell them between Ł100,000 and Ł200,000 which was too expensive to make any sense.
When Smolensky realised that the three projects would not lead anywhere, and more importantly would not save the company from a forthcoming financial disaster, he tried to craft a partnership with England’s iconic Caterham Cars. The partnership did not make sense from a business point of view so it was quickly terminated, leaving TVR with no other way out but to call it quits.
Smolensky indicated that he will hold on to the TVR name unless somebody comes along with a viable proposition to bring the brand back to its former glory. Until that happens, the Russian businessman plans on using the TVR name on his start-up brand of portable wind turbines.
Photo credit: Net Car Show