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

  • dukeisduke: I was behind some Chevrolet the other day (Impala? Malibu?) with a Premier trim level emblem on the back,...
  • ajla: “He also said ‘too little attention is being paid to what happens between today, when 98 percent of...
  • Tim Healey: It was never that intense for us, and we were warned to try not to influence the score (beyond addressing...
  • J_Vandal: Even a cursory critique of the path we’re on to an ICE-free future: Big EV, little else, brings to...
  • thornmark: Toyota knows what Musk knows – mass adoption of EV’s aren’t happening anytime soon why?...

New Car Research

Get a Free Dealer Quote

Who We Are

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