By on November 16, 2015

CaparoT1

Caparo Industries chairman Angad Paul died Nov. 9 in an apparent suicide just days after the steelmaking company his father founded, and Angad ran, announced massive job cuts and forced administration in Britain, according to The Guardian (via Autoblog).

Caparo Industries is the parent company of Caparo Vehicle Technologies, which produced the Caparo T1 and was planning a higher-end version of the car to go on sale.

The Caparo T1, which was developed with help from McLaren engineers, lived on the fringes of the supercar market with only 16 examples sold in the UK for around $360,000. It was also built at a short-lived plant in the U.S. Prince Albert of Monaco helped unveil the car in 2006 and it later appeared in several racing events around the world, including Goodwood. (Read More…)

Recent Comments

  • Opus: I think Nissan blew it for the Maxima when they first offered a V6 in the Altima (2002?) They put the same 3.5L...
  • Fred: “late next year” That maybe possible in China where you do what they say, or else. But even in a...
  • theflyersfan: Agree. As I’ve written before, if they close the doors on Infiniti, the only logical way to move...
  • geozinger: I’ll be honest, I haven’t been home in the last year. Usually, I’m with you Norm, but I...
  • Oberkanone: Protractor has a curved edge as well as a straight edge. Use it!

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber