05-13-2008, 07:07 AM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
Source: May 12th AutoWeek:
AC OFF AGAIN
" AC Cars has hit troubles again and ceased production of Cobra replicas at its factory in Malta after making only a handfuln of cars during the past few years. According to reports in the Maltese press, AC has failed to pay back a $900,000 loan from the Maltese government , despite court actions to force payment,
AC and its South African owner, Al Lubinsky, also, have been linked to two other ventures that appear stalled. In the first, AC had planned to open a production plant in Bridgeport CT, to make a new range of V8 powered roadsters and coupes.
The second venture was to restart production of the Smart roadster in Britain. Lubinsky had agreed to license the AC Ace name to the car's maker "
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2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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