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Filed under: Sports/GTs, Euro, Earnings/Financials

Noble saved from the brink




Having recently driven a Noble M400 along California's breathtaking Palms to Pines Highway, we know what a fantastic sports car it is. With performance rivaling any Ferrari, Porsche or Lotus we've driven, the car is more than capable of competing head-to-head with the world's finest. If customers are able to get them, that is. The one strike against Noble is that the company doesn't have the heritage of these other marks and perhaps doesn't instill the same confidence of the more established makes in the hearts of potential buyers. Recent rumors of its financial instability haven't helped.

Well, now word has reached us from the UK that some of that financial uncertainty may be a thing of the past, thanks to new backing from 'a dedicated owner who shares my commitment, passion and vision for the future of Noble cars,' said company boss Lee Noble. He vows that with this new cash investment the M15 will go on sale in early 2007.

The anonymous investor replaces David Jones, chairman of high street fashion chain Next. Hinting that this may be a very good thing indeed, Noble added that he had now cleared the firm's debts, allowing final development work on the 455-hp, 180-mph M15 to continue. He expects his newest supercar to be available by next spring at the latest.

[Source: CAR]

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