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Erik
July 27th, 2004, 19:52
http://www.tvr-eng.co.uk/news_new_owner.htm

Tuesday 27 July 2004
TVR HOLDING STATEMENT

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.

Klint
July 27th, 2004, 22:13
Not too good. I don't find this take-over appealing or beneficial for the mystique around the TVR brand.

Then again, they may actually start production of the Cerbera Speed 12 again. :D :bow: