Kaipan Presents Its New 16

PRAGUE, Czech Republic, December 30, 2011 -- Kaipan, a low-volume manufacturer of sports cars from the Czech Republic unveiled its new model recently. Called 16 it is a two-seater roadster, based around Skoda Fabia mechanics. It is powered by a four-cylinder 1.2 liter turbocharged petrol engine, capable of 105 hp (77 kW).

Kaipan started its career by building Lotus Seven replicas using Skoda parts. In 2008 it unveiled its modern sports car, called Kaipan 15.

The New Kaipan 16 is a modernised version of the 15 with revised bodywork and a more powerful engine. With a price tag of CZK 499,000 (about US$ 25,000) Kaipan hopes to expand its reach to other European markets, like Germany.