Currently reading: Peel microcars to make comeback
Limited production run of 50 units announced following appearance on Dragons' Den
Autocar
News
1 min read
27 August 2010

Peel Engineering is making a comeback 45 years after its last car rolled off the production line.

The company, credited with making the smallest car ever to go into production, is now owned by two entrepreneurs who went on BBC programme Dragon’s Den with the idea of reviving the brand's P50 and Trident models. Their pitch impressed dragon James Caan who invested £80,000 in return for a third of the company and one of each car.

Gary Hillman and Faizal Khan are now planning a limited production run of 50 cars based on the original P50 and bubble-roofed Trident designs, but with an electric motor.

Only 50 were actually ever made of the original Manx-built three-wheelers, which measured a tiny 1.3m long by 1m wide. They were originally budget cars selling for £199 in 1962, but the new cars will retail at £12,499.

The company is also planning to generate extra income by selling a range of products capitalising on the brand name. “Plenty of people will want to own a piece of history,” said Caan. "The brand is ideally placed to expand into a larger product range.”

Alan Riddoch

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Los Angeles 30 August 2010

Re: Peel microcars to make comeback

5w30 wrote:
cant help the thought of sitting at the lights with a range rover coming up behind you, with you wondering if he has seen you or not...

That remark must relate to ninety percent of all cars on the road. I saw an original Austin Mini parked next to a BMW X5. It was dwarfed; a Matchbox Toy against a Tonka Toy. Made me wonder why we have allowed cars to get bigger and bigger, and luxurious way beyond good sense or need.

beechland2 30 August 2010

Re: Peel microcars to make comeback

5w30 wrote:
no matter how much u earn i still feel 12 grand is a bit steep

what about for the type of people that leave a £50k tip at the resatraunt they have lunch at?

which does happen.

5w30 30 August 2010

Re: Peel microcars to make comeback

id have one but purely for fun, still no matter how much u earn i still feel 12 grand is a bit steep unless it really is on the forefront of technology(in a company valued at quarter of a mil i doubt it). Still cant help the thought of sitting at the lights with a range rover coming up behind you, with you wondering if he has seen you or not...

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