TVR Sold.....to the Russians!!!!

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Scaff

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No I have not gone mad the following was put on Pistonheads.com (a very relaible source of TVR related news with strong links to the factory).

'TVR SOLD - CONFIRMED! Tuesday 27th July



Truth is often stranger than fiction...

Strong rumours are emerging today that TVR have come to a deal with a Russian investor.

Details are very patchy, with emails flying around the internet suggesting that the Blackpool company has secured a buyer and that details will be made public later today.

Latest statement from TVR:

We can confirm that a 100% shareholding in UK car-maker TVR has been purchased today. The new owner is Nikolai Smolenski.

Plans for the future are to continue trading, invest heavily in new technology and production methods, and hence enhance the TVR brand to become a global player.

There will be no large-scale restructuring and new managerial appointments will be made in due course. Peter Wheeler, previous owner, will remain on board as a senior consultant.'

BBC News has also run a piece on the sale

http://news.bbc.co.uk/1/hi/england/lancashire/3931155.stm

At work at the moment so I do not have the time to put my full feeling down, It's good that Peter Wheeler will remain on staff, but one of Britain's last independent car manufacturers has just gone, and to the Russians.
 
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