Ownership confusion/Attempt to revive AC

In March of 1996, mainly because of a dispute with Ford management, the company went into receivership, and was eventually sold to Alan Lubinsky’s Pride Automotive in December 1996, who continued car production under the name of AC Car Group Ltd. However, the company soon fell into receivership again, and was saved by Jimmy Price, who owns Superformance in the US and South Africa. After a bitter fight, Jimmy Price walked away and left Lubinsky in control again.
In 2003, Carroll Shelby International Inc. and AC Motor Holdings, Ltd. announced production of authentic Shelby/AC Cobra, with the production vehicle arriving at dealers in July 2004. Initially, available models included Shelby AC 427 S/C Cobra and Shelby AC 289 FIA Cobra, which would be branded as the CSX 1000 and CSX 7500 Series, respectively. In February 2004 the first handcrafted aluminum body shell was built. However, AC Motor Holdings, Ltd. failed to perform under the terms of its license agreement with Carroll Shelby, and a lawsuit was filed by Shelby against AC Motor Holdings, Ltd. and its proprietor, Alan Lubinsky, in May 2006.
In 2005, AC Motor Holding relocated to Malta and is now making fiberglass bodied kit cars (sold as rolling chassis).
There is also a project called Project Kimber to sell the defunct Smart Roadster under the AC name.