Automotive history is littered with British car companies that "burned brightly for a few years before going to the wall", says Richard Yarrow in Metro. Bristol Cars became the latest to fall when it went into administration in March. Attempts to revive fallen brands such as Jensen, Connaught and Marcos have faded away even more quickly than the originals. This year, Alvis is attempting to buck the trend.
The Coventry-based firm sold expensive and high-quality vehicles from the 1920s to 1967. The reformed Alvis Car Company, based in Kenilworth near Coventry, is to make the elegant, four-seater, 4.3-litre Alvis the fastest non-supercharged production car of its day, covering 0-60mph in around 11 seconds, says David Williams in The DailyTelegraph. The 1938 classic has been designed and engineered from the original technical drawings.
Alvis owner Alan Stote says that the first car will be hand- built over the next 18 months, and that two or three cars a year will be produced after that time for a cost of about £180,000. Anyone lucky enough to find an original at auction would have to pay in the region of £400,000-£450,000, says Williams.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
For more information, please contact Richard Joyce on 01926-850405; or email: enquiries@thealviscarcompany.co.uk; or see www.alviscars.co.uk.
-
ScottishPower launches half-price electricity at weekendsNews ScottishPower is offering 50% off electricity at weekends, which could slash hundreds off your bill. We look at who can get it and how to apply
-
Trump calls “tariff” the “most beautiful word in the dictionary”, but investors may disagreeDonald Trump has promised to slap Mexico, Canada and China with new tariffs on day one of his presidency. What does it mean for the economy and investors?
