Title: Redundancy notices for TVR staff!
Post by: Steve Pyro on January 05, 2007, 08:44:03 pm
In today's news - http://news.bbc.co.uk/1/hi/england/lancashire/6234147.stm (http://news.bbc.co.uk/1/hi/england/lancashire/6234147.stm)
Title: Re: Redundancy notices for TVR staff!
Post by: Fran on January 05, 2007, 09:41:21 pm
In today's news - http://news.bbc.co.uk/1/hi/england/lancashire/6234147.stm (http://news.bbc.co.uk/1/hi/england/lancashire/6234147.stm)
So does this mean that the Russian owner isnt actually doing anything with the company, not moving production? They simply announced it was moving and then let it go into administration? I will never understand the world of business... ???
F
Title: Re: Redundancy notices for TVR staff!
Post by: Nobby Diesel on January 05, 2007, 11:13:26 pm
There's an article on Pistonheads from yesterday. It makes pretty confusing reading and gives an insight into the huge loses that TVR have made recently.
http://www.pistonheads.com/news/default.asp?storyId=15660
I firmly believe it's the end of the marque. Shame.
ND
http://www.pistonheads.com/news/default.asp?storyId=15660
I firmly believe it's the end of the marque. Shame.
ND
Title: Re: Redundancy notices for TVR staff!
Post by: mgmark on January 05, 2007, 11:22:43 pm
Sounds like a case of asset stripping until it all goes under spectacularly, then walk away with the brand name and put it on whatever is built, wherever else it is going to be built.
Hmm sounds rather familiar.....Phoenix and MG ring a bell there.....
MG Mark
Hmm sounds rather familiar.....Phoenix and MG ring a bell there.....
MG Mark
Title: Re: Redundancy notices for TVR staff!
Post by: Muzorewa on January 06, 2007, 08:50:15 am
How can they make a loss of £11.8 million on a turnover of only £16.7 million? That doesn't sound right at all :-\
Title: Re: Redundancy notices for TVR staff!
Post by: nickliv on January 06, 2007, 12:25:52 pm
How can they make a loss of £11.8 million on a turnover of only £16.7 million? That doesn't sound right at all :-\
Do new trevors come with a warranty?
Title: Re: Redundancy notices for TVR staff!
Post by: Rusty on January 06, 2007, 07:39:13 pm
Maybe there will be a change of name as with Rover to Roewe ( I think the chinks have trouble saying rover ), TVR comfortably sits with TZR and follows the same concept of dropping the vowels, maybe there will be a balls out muther f**cker of a car called the RS-Putin or maybe just the Polonium 210. Just a thought.
Rusty ;D
Rusty ;D
Title: Re: Redundancy notices for TVR staff!
Post by: geoffd on January 08, 2007, 09:19:17 am
The reason the Chinese aren't using the Rover name is that it's now owned by Ford!
Asset strip TVR ???, I doubt that there were any assets to strip, in fact from what I hear I think it was the Russion who got asset stripped when he paid cash for the company!
Asset strip TVR ???, I doubt that there were any assets to strip, in fact from what I hear I think it was the Russion who got asset stripped when he paid cash for the company!
Title: Re: Redundancy notices for TVR staff!
Post by: Snoring Rhino on January 09, 2007, 01:21:40 am
Sounds like some pimp realised he wasnt going to make a quick buck, needed to put some comitment into the job and got scared or bored and is looking for a way out.
