LONDON -- TVR, a British boutique sports car maker, will seek to become a more global player under its new owner -- 24-year-old Russian multimillionaire Nikolai Smolenski.
TVR exports cars to "about a dozen countries across Europe" and also to Japan and South Africa, said Jason Oxley, a company official.
The UK is by far the biggest market for the Blackpool, England-based sports car maker.
Japan, also a right-hand-drive country, is the company's second largest market.
With an infusion of cash from the new owner, the company could consider exporting to new markets such as the US, Oxley said.
At the moment, TVR only makes two left-hand-drive models: the Tuscan and Tuscan S.
Smolenski purchased TVR late last month from longtime owner Peter Wheeler for an undisclosed price.
The new owner has already visited the factory several times.
Smolenski, who was educated in London, is the son of Russian banking tycoon Alexander Smolenski.
TVR makes a range of high performance sportscars. An "entry level" Tamora sells for £36,500 (about E54,000). The top-of-the-line carbon-fiber Typhon sells for £89,000.
The company produced more than 800 cars in 2003. Oxley said TVR peaked at around 2,000 cars during the 1990s.
TVR employs 400 at its factory.
Many of TVR's swoopy looking designs were conceived by former-owner Wheeler, who will remain as a consultant for an undetermined period.
TVR is one of the largest of at least a dozen British boutique sports car manufacturers. Others include Lotus, Morgan, Noble and Caterham.
Total volume of the British independent carmakers was 1,862 unit in 2003, according to the Society of Motor Manufacturers and Traders.
In its last set of accounts, TVR recorded a £400,000 profit in 2002.
TVR's Oxley declined to say how much Smolenski paid for the company, but press reports said it was about E22 million.
Smolenski's wealth is estimated at more than E80 million.