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LDV entering administration
iank - 29/4/09 at 09:13 AM

http://news.bbc.co.uk/1/hi/business/8024249.stm

smart51 - 29/4/09 at 09:56 AM

LDV is owned by a Russian Gazillionaire who could fund it if he wanted to. He tried to get money out of the Government, citing the Economic slow down. They told him he had enough money of his own and didn't really need a loan. Is it sour grapes? Why would you let a going concern go into administration when you could keep it going and sell it for its market value if you didn't want it?

Mr Whippy - 29/4/09 at 09:57 AM

I drove several of thier vans for years, they totally suck, give me a transit anyday

theconrodkid - 29/4/09 at 10:28 AM

unfortunately for years they have turned out rubbish vans,the later ones used transit oily bits but they were still rubbish,when you can buy a comfortable,quiet,stylish van for the same money why would you buy a donkey....and have you seen the price of their spare parts

pewe - 29/4/09 at 10:49 AM

To my certain knowledge they have been hovering on the brink for years. Their production facility left lots to be desired - no wonder their vans were crap.
In contrast I drove a VW Transporter over this last weekend.
Talk about spot-on - 2.5 turbo diesel, six speed auto with Sport mode and took nine adults plus luggage no problem. Clocked up best part of 1000miles in three days - no problems.
Cheers, Pewe

blakep82 - 29/4/09 at 11:25 AM

quote:
Originally posted by Mr Whippy
I drove several of thier vans for years, they totally suck, give me a transit anyday


lol i was going to say that. they feel like the wheels aren't connected to the steering system

Danozeman - 29/4/09 at 11:54 AM

Excellent finally no more shite maxus's for me to work on!!!

This has been coming for years!!!!