One of the most famous British sports cars is set for a revival after a deal to build a modern version of the classic Austin Healey 3000. Prototypes have been tested and the car, last built in 1968, is likely to be unveiled later this year.
The comeback follows a deal for the Healey brand between its owners, Healey Automobile Consultants, and HFI, an Anglo-American consortium of engineers and investors. HFI paid more than £1m to three Healey family members.
The cars would be built in the UK, with 400 jobs likely to be created in Wales or near Healey's spiritual home, Warwick in the Midlands.