Despite major cuts in TVR’s budget and the downsizing of 300 staff earlier this year due to falling demand, the company is planning to expand its operations by building a run of 60 limited edition Typhons.

Further, owner Nikolai Smolenski commented in a Swiss publication that the company is determined to re-enter the Le Mans series with a possible new Cerbera that could debut at next year’s Geneva Motor Show.

The Typhon, which was developed during the reign of previous owner Peter Wheeler, features a supercharged 4.0-liter 6-cylinder engine developing 550 horsepower. With a curb weight of just 2,300 pounds, the Typhon can accelerate from 0-62 mph in 3.7 seconds and reach a top speed in excess of 186 mph. Final pricing is yet to be set.

This means the company may be in better shape than previous reports have suggested. Current production numbers are estimated to be less than ten vehicles a week and the company has announced that any new vehicle will conform to the Euro IV emissions standards.


Follow Motor Authority on FacebookTwitter and YouTube.