Bristol Cars goes into administration : looking for financial support asap >>>
The iconic but extremely low profile British car maker Bristol Cars (which draws its legacy from the Bristol Aeroplane Company- creator of the Blenheim bomber and the Olympus turbojet engine which went on to power the peerless Concorde as a 'Rolls Royce' engine) has gone into administration, according to BBC and a few auto fora on the web.
See the link here : BBC News - Bristol Cars goes into administration
One of the two administrators, Tom MacLennan (the other being Trevor Binyon, both from RSM Tenon) has reportedly said "We would urge any interested parties to make contact with us as quickly as possible and are confident that we can secure the future of this iconic British brand."
Bristol Cars started life in 1945/6 as a maker of advanced cars using the technical expertise of the parent aviation company but the merger of the parent into what ultimately emerged as Rolls Royce plc ( the aviation engine company) removed a source of technological innovation.
Bristol has a very very upmarket reputation and I will be very surprised to find one in India.
Let us see if a white knight emerges. Bristol has to survive using just one weapon that it possesses : its reputation.
Regards, drive safe, like a Brigand
Last edited by issigonis : 7th March 2011 at 15:03.
Reason: Made a correction
|