Buying a car company, especially a small one is not that hard, provided you have the cash of course. Building new models from the ground up is a much more demanding endeavor.
In the case of Caterham, which has been relying solely on the Seven (the 1994 "21" was essentially a rebodied and stiffer Seven), it's a task that’s practically been undertaken for the first time.
Launching Caterham Technology and Innovation, a standalone engineering company responsible for developing new models, was proof that new owner Tony Fernandes was serious about expanding Caterham’s range.
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