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

  • 28-Cars-Later: Why of course, the delightful Ford AXOD.
  • Jeff S: Interesting I did not realize that these transmissions were used in so many vehicles. My 2008 Isuzu I-370...
  • Lou_BC: “You have already proven you are not interested in evolving your opinion to align with objective...
  • stuki: Once all those not acting purely as puppets if the Russian ruling clique are “out” of Ukraine,...
  • SCE to AUX: It’s really just a Biden Administration program designed to make everyone want to go electric.

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber