Sad to say Lola have gone bust part of the problem is down to HMRC not paying R&D tax credits.
http://www.autocar.co.uk/car-news/industry/lola-cars-enter-administrati on
they made some beautifull and sucesfull cars,good old hmrc eh?
I know of at least one company looking into a rescue deal. Cant say anymore at the moment...
quote:
Originally posted by theduck
I know of at least one company looking into a rescue deal. Cant say anymore at the moment...
Nope.
Ford
Doesn't anybody in GB have any money to own car companies anymore? Are ALL of them going to owned by Asians or Americans?
Company I mentioned is English...
Tie in nicely with Ginetta's operation
Just stick a Lola badge on their existing cars
bang! an extra 20k each
Problem is who buys new cars?
Worldwide estimate for 2012 is about 165,000 people per day
Thats 60,000,000 per year, so quite a few then
OK thats worldwide but a tiny tiny bit of that pie is worth while
Strange cos I dont know any of them either
As they said on the BBC news this morning - Lola has NOT gone bust, just gone into administration. They're still in business, but need to get
their finances under control.
They will continue until they can find a buyer, or arrange some sort of financial deal. If that fails, THEN they've gone bust.
quote:
Originally posted by Ninehigh
Problem is who buys new cars?