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Joss Nearly Ready To Jostle (copyright image)

2004 Joss JT1 (above).

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2nd July, 2009

The first Australian built mid-engine sports car is gearing up to roll out its first model as interest from buyers and investors increases ahead of its production car development phase.

The Joss super car, a product of industrial designer and automotive modeller Matt Thomas, was first revealed to the market five years ago, and since then his international team has been refining the car and the company’s structure.

The Joss Supercar has been designed for general road use and will compete against elite marques such as Ferrari, Lamborghini and Porsche.

Its impressive statistics including a 2.98 second acceleration time from zero to 100 km/h, and an as yet undisclosed, high tech V8 engine that will generate over 500 bhp and give the Joss a top speed in excess of 340 kilometres per hour.

Mr Thomas says it’s a long-term dream that he can see finally coming to full fruition.

i>“I’m passionate about what I’ve created and have gathered a first-class team with the necessary experience to help get the car into full production,” Mr Thomas says.

“We have been refining the mechanics of the business model and the car and are now satisfied that we have the right product and systems in place to move forward.”

“This is now not just about producing an Australian first and world-class super car, but ensuring the business is resourced adequately to meet pent-up production demand.”

Mr Thomas recently restructured his business into an unlisted private company to take advantage of increasing investor interest.

“The super car industry worldwide is a significant business, with some buyers willing to part with well over $1 million to secure the latest and fastest performance vehicles,” Mr Thomas says.

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“From a business point of view we are providing a super prestige vehicle which will rattle the super car industry, outperforming most others in its class but with sharper performance and at a fraction of the cost.”

“The interest generated form potential buyers, through our trials and previews over the past few years has been phenomenal and we expect our initial annual production of 25 to be snapped up very quickly.”

Mr Thomas has extensive experience in the automotive design industry including aerodynamic work with the Stewart Grand Prix Formula One team (prior to being bought by Jaguar), design and clay modeling for prestige European manufacturers including Aston Martin, Bentley and BMW, and clay modeling for Ford and HSV in Australia.

The Joss super car will sell for close to $600,000 (not including delivery charges and statutory charges) with production expected to take place in Victoria.

The company is also aiming to engage the Joss super car in racing.

“Our belief is that any strong brand must be heavily involved in competition and this is why we are aiming our sites on GT racing as a spring board to races such as Le Mans,” Mr Thomas says.

“Currently we are in talks with an established racing team with a proven track record to help realise this goal.”

“All these factors are strategically designed to take on the big guns of the industry and to establish Australia as a serious super car design and manufacturing hub.”


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