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Old 16th June 2006, 15:31   #1
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Default 2006: TVR shutting shop. 2013: Re-launch Confirmed!

sad news, another brit co. shutting shop.
but i think the tvr was brought by an russion millionaire. . . . but anyways its THE END for the lunatic, mad, LOUD, crazy car manufacturers.

seriously i loved TVRs. . .they looked like .. . .arnold if arnold was a car. . .it would have been a TVR. . . .

sad. . . very sad.
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Old 16th June 2006, 15:38   #2
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No, not really - just a slow down to totally revamp

http://news.ft.com/cms/s/4d86e614-fc...0779e2340.html
Local council brokers factory move for sports car maker
By John Griffiths, Motoring Editor
Published: June 16 2006 03:00 | Last updated: June 16 2006 03:00

TVR, the Blackpool-based sports car maker, is to move to a former wartime Lancaster bomber factory near the city's airport.

The move will allow the company, owned by Nikolai Smolensky, the Russian oligarch, to escape elements of its current lease with which it is unhappy. It has occupied the same site for more than 30 years.

The existing premises are still owned by Peter Wheeler, the former North Sea oil engineer who sold TVR to Mr Smolensky in 2004 for a reputed £15m. Mr Wheeler had run it as a wholly owned private company for almost two decades.

The lease on the current site, at Bristol Avenue, runs out in five months but people close to the company told the Financial Times that Mr Smolensky and fellow directors were determined to resist pressure to sign a renewal immediately on similar terms.

While the carmaker has yet to file its accounts for last year, it is understood to be still heavily loss-making. It made a pre-tax loss of £11.8m in 2005, equivalent to about 70 per cent of its £16.7m turnover. However, that year's directors' report also contained a commitment from its "ultimate controlling party" - Mr Smolensky - to continue funding TVR through production cuts and a restructuring.

However, the move to the airport site is itself likely to turn out to be a stop-gap. The deal, brokered by Blackpool city council, is understood to entail a relatively short-term rolling lease. It would allow TVR to stay in in production while Mr Smolensky and his board finalise a strategy aimed at turning TVR into what one director described as "another Aston Martin", producing 5,000 cars a year for sale globally.

People close to Mr Smolensky say he regards a new, purpose-built factory as essential to this strategy but that where it might be located remains unresolved.

TVR is looking at radically different technologies for its next range of cars, including the use of carbon fibre or hydroformed aluminium for bodies. Either would require a new set of skills compared with TVR's traditional construction of glass-fibre bodies attached to a tubular spaceframe chassis. It is possible that some sub-assembly work related to such new processes could be moved elsewhere. The move of some functions abroad is not being ruled out.

Yesterday's disclosure of the move came as a relief to TVR's 260-strong workforce, some 70 of whom have been idled as part of production cuts which have left the company building fewer than 10 cars a week, compared with past peak annual output levels of close to 2,000. "We're not out of the woods yet but this looks like positive news after a period of gloom," Andy Robertson, the T&G union's regional industrial organiser, said last night following talks with TVR directors
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Old 16th June 2006, 19:31   #3
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Hey ac 427, please dont give car enthusiasts a scare like that. Please give the gist in the post itself, ok? lol I nearly fainted......


Hm, a new purpose built factory can only mean a good thing. I think its too late for what remains of the british motor industry to feel sentimental about their factory location etc as long as its in Britian.

Last edited by islero : 16th June 2006 at 19:33.
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Old 16th June 2006, 19:54   #4
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Quote:
Originally Posted by islero
Hey ac 427, please dont give car enthusiasts a scare like that. Please give the gist in the post itself, ok? lol I nearly fainted......


Hm, a new purpose built factory can only mean a good thing. I think its too late for what remains of the british motor industry to feel sentimental about their factory location etc as long as its in Britian.
lol. . .sure islero. . .but i put up the post thinking that TVR was shutting shop. . n i felt bad. very bad. . .but i think i have the right info now .

cheers.
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Old 17th June 2006, 03:11   #5
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tvr isn't closing down, not yet atleast. TVR is still in trouble and the new move is to help bolster the ailing company. anyways, I hope to god that TVR stay around. they make some awesome cars and really deserve applauds.
P.S. good to see some TVR fans around here.
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Old 17th June 2006, 07:08   #6
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I really hope that the new owners dont do anything silly and "start thinking out of the box" like many these days due to rising competition and funding problems..

i intend to own a TVR Sagaris within the next 10 years and would like to buy a new one if possible

I
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Old 17th June 2006, 08:01   #7
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Poorly built, poorly equipped and unreliable - words that come to our mind when we think of TVR! Still, one of the maddest, loudest, and most lovable marques I can think of. Nothing beats a TVR when it comes to exhaust note. And the acceleration can make cars costing three times as much go red. I would be very unhappy to see them go.
Modernisation of the manufacturing process is essential these days. Hope they succeed.
Go for it TreVoR!
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Old 17th June 2006, 10:05   #8
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Ac427 was clearly justified in his thoughts because that was the impression that TVR was giving. They have been over-secretive and non communicative of late
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Old 28th February 2010, 10:25   #9
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Default TVR Making A Come Back?

PistonHeads reports that TVR’s Russian owner Nikolai Smolenki plans to unveil an all-new model ‘within months’, possibly at the Goodwood Festival of Speed in July although they don’t rule out that it could be even sooner.
Mr. Smolenski also plans to sell the TVR for the first time in the States, which is the number one market for sports cars in the world. Previous TVR’s featured in house built engines, but the new model will get an American V8. Crate engine either by Ford or GM will help the company save millions of dollars in development costs.
Most likely new TVR will get a GM sourced LS7 with 505 hp or the 638 hp LS9 from the Corvette ZR1.
Production is rumored to move from Blackpool, UK to Germany.

EDIT: Source: http://www.speedlux.com/tvr-is-makin...peedLux.com%29
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Last edited by suhaas307 : 28th February 2010 at 10:28. Reason: Added source
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Old 7th June 2013, 13:07   #10
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Default re: 2006: TVR shutting shop. 2013: Re-launch Confirmed!

TVR relaunch confirmed, all-new car in the works;

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^ TVR tells us to never say never in an updated screenshot from their website

Dietrich Probst head of marketing for VIT Technology which apparently has ties to TVR said an announcement will be "within the next two weeks", so stay tuned for details

Source: http://www.worldcarfans.com/11306065...works---report
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Old 10th June 2013, 17:29   #11
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Default Re: 2006: TVR shutting shop. 2013: Re-launch Confirmed!

The TVR name has been acquired by UK-based company TVR Automotive Ltd from ex Russian owner Nikolai Smolenski.

TVR's website changed its message from "Never say never" to "Thunderous news!";

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"You can't let these great brands disappear or go abroad," says new British owner in exclusive TG interview

Source: http://www.topgear.com/uk/car-news/t...ear-2013-06-07
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Old 25th June 2013, 23:30   #12
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Default Re: 2006: TVR shutting shop. 2013: Re-launch Confirmed!

Rendered: 2014 TVR Sagaris

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Note: Headlamps similar to the Ferrari 458, FF

Source: http://www.autoevolution.com/news/tv...ngs-61940.html
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Old 26th June 2013, 08:29   #13
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Default Re: 2006: TVR shutting shop. 2013: Re-launch Confirmed!

Quote:
Originally Posted by karan561 View Post
Rendered: 2014 TVR Sagaris


Note: Headlamps similar to the Ferrari 458, FF

Thanks for the update Karan.
Yes, the headlights are very similar to the Ferrari 458 and FF.

Another thing that struck me was the bright yellow tow hook.
I find it ironic that they've made the tow hook stand out so much!

Also note the slight inward camber, especially of the rear wheels.

Last edited by mango_pal : 26th June 2013 at 08:31.
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