Am I reading this correctly?

http://news.bbc.co.uk/1/hi/england/lancashire/6216161.stm

It looks like the TVR is dead, rather than moving abroad. I ask the question because I've not seen anything on here or Pistonheads.

Dead or moving?

Perhaps this is a good time to 'bury' bad news

I wonder if they will take a tenner for it

Sounds like the kid has got bored of toy cars.

Perhaps he is going to go to buy Jarvis next as mechano and trainsets as his next toy set

from what i heard on the radio a couple of day ago
they still or are looking for new owners

From the TVR site;

quote:

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Following TVR's announcement in October that it was to discontinue in-house production of its cars in favour of outsourcing, the company sold off its manufacturing division, Blackpool Automotive Ltd, which has subsequently been put into administration by its new shareholders.

Although it is unfortunate that Blackpool Automotive has gone into administration, TVR and its parent company remain in operation. Normal business continues for the prestige sports car company and its network of authorised dealers and service centres throughout the UK and abroad. Current warranties and the supply of parts also remain unaffected.

David Oxley, TVR's managing director, said: "It is unfortunate that production could not continue as it had done for so many years, but it is time for TVR to move on and to meet increasing international demands. Our plans include appointing expert partners and outsourcing to more advanced facilities, which will ultimately mean a better product for everyone, both here in the domestic market and internationally."

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