Here’s a pair of sports cars set to KO the competition!
The K.O 7 Spider and K.O 8 Coup you see here are the handiwork of Ken Okuyama, former design chief at Pininfarina and now owner of Ken Okuyama Design – Japan’s first independent coachbuilder.
Both cars were unveiled at the 2008 Geneva Motor Show in March, but Okuyama has today announced that production of the K.O 7 is underway.
Sales of the Spider will officially begin online on November 1st for 2009 model year cars, priced at around £105,000. An ‘inner circle’ of fans have already snapped up the 20 cars produced this year, though 99 will be made in 2009, and a further 99 in 2010.
Power for the 750kg carbon fibre and aluminium Spider comes from the 2.0-litre engine found in the Honda S2000, linked to a six-speed manual gearbox and generating 250bhp at 8,300rpm. And thanks to a deal with watch manufacturer TAG Heuer, a TAG Grand Carrera is fitted into the dashboard!
Despite showing the K.O 8 Coup – a hard top electric sports car based on the K.O 7 – at today’s Tokyo conference, Okuyama did not reveal any plans to put the car into production yet. The K.O 8 is Japan’s answer to the Tesla Roadster, powered by a 134bhp electric motor capable of 100 miles between charges.
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Argentum Motors to manufacture commercial vehicles and cars
New Delhi: Former president of Hyundai Motors India, BVR Subbu, who is now director of Argentum Motors said that the revival of the Surajpur plant was almost complete and the company is also looking at contract and joint manufacturing of commercial vehicles and cars.
The Surajpur facility would soon begin producing components by the start of the next financial year.
Argentum Motors,a company floated by Mr.B.V.R Subbu, Ajay Singh of Spice Jet and India Online Network's Ashish Deora took possession of the Daewoo motor's plant at Surajpur (Haryana). Originally set up by Daewoo to produce engines, gear boxes and body parts, the 210 acre facility is the third largest automobile manufacturing factory in India.
There is mojor Auto deal for ashish deora
A couple of European and Asian auto majors including Peugeot-Citroen of France are in talks with Argentum Motors to manufacture components and cars, it is reliably learnt.
The partnership will involve joint sourcing for domestic and global requirements and assembly operations. Argentum Motors was set up by Hyundai Motors India former president BVR Subbu, SpiceJet promoter Ajay Singh and broadband entrepreneur Ashish Deora.
Argentum Motors had acquired Surajpur-based Daewoo facility for Rs 765 crore late last year. The company is now equipped to produce 4 lakh engines, 4 lakh gear boxes and 35,000 aluminium die casting division per annum. It has a press shop to produce body parts, moulding machines to make plastic parts, a paint shop and a captive power plant.
Mr Subbu is the CEO while Mr Singh is the chairman of Argentum. When contacted, Mr Subbu refused to share details. "We are in talks with a number of companies," he said. German and Asian auto firms which do not have a manufacturing base in India plan to take advantage of low production costs....
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