Printable Version | Subscribe | Add to Favourites
New Topic New Poll New Reply
Author: Subject: Lola gone bust :-(
britishtrident

posted on 16/5/12 at 07:27 PM Reply With Quote
Lola gone bust :-(

Sad to say Lola have gone bust part of the problem is down to HMRC not paying R&D tax credits.





[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]

View User's Profile View All Posts By User U2U Member
Fred W B

posted on 16/5/12 at 07:33 PM Reply With Quote
http://www.autocar.co.uk/car-news/industry/lola-cars-enter-administrati on





You can do it quickly. You can do it cheap. You can do it right. – Pick any two.

View User's Profile E-Mail User View All Posts By User U2U Member
theconrodkid

posted on 16/5/12 at 07:37 PM Reply With Quote
they made some beautifull and sucesfull cars,good old hmrc eh?





who cares who wins
pass the pork pies

View User's Profile E-Mail User View All Posts By User U2U Member
theduck

posted on 16/5/12 at 08:51 PM Reply With Quote
I know of at least one company looking into a rescue deal. Cant say anymore at the moment...
View User's Profile View All Posts By User U2U Member
greggors84

posted on 16/5/12 at 09:16 PM Reply With Quote
quote:
Originally posted by theduck
I know of at least one company looking into a rescue deal. Cant say anymore at the moment...


Caterham/Tony Fernandes?





Chris

The Magnificent 7!

View User's Profile E-Mail User View All Posts By User U2U Member
theduck

posted on 16/5/12 at 09:25 PM Reply With Quote
Nope.
View User's Profile View All Posts By User U2U Member
steve m

posted on 16/5/12 at 09:31 PM Reply With Quote
Ford
View User's Profile View All Posts By User U2U Member
RK

posted on 16/5/12 at 10:57 PM Reply With Quote
Doesn't anybody in GB have any money to own car companies anymore? Are ALL of them going to owned by Asians or Americans?
View User's Profile View All Posts By User U2U Member
theduck

posted on 17/5/12 at 06:39 AM Reply With Quote
Company I mentioned is English...
View User's Profile View All Posts By User U2U Member
SCAR

posted on 17/5/12 at 06:47 AM Reply With Quote
Tie in nicely with Ginetta's operation
Just stick a Lola badge on their existing cars
bang! an extra 20k each

View User's Profile E-Mail User View All Posts By User U2U Member
Ninehigh

posted on 17/5/12 at 06:50 AM Reply With Quote
Problem is who buys new cars?






View User's Profile View All Posts By User U2U Member
SCAR

posted on 17/5/12 at 07:08 AM Reply With Quote
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

View User's Profile E-Mail User View All Posts By User U2U Member
David Jenkins

posted on 17/5/12 at 08:00 AM Reply With Quote
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.






View User's Profile Visit User's Homepage View All Posts By User U2U Member
wilkingj

posted on 17/5/12 at 08:40 AM Reply With Quote
quote:
Originally posted by Ninehigh
Problem is who buys new cars?


Leasing Companies!!

Very few companies or even people buy new cars.






1. The point of a journey is not to arrive.
2. Never take life seriously. Nobody gets out alive anyway.

Best Regards
Geoff
http://www.v8viento.co.uk

View User's Profile E-Mail User Visit User's Homepage View All Posts By User U2U Member

New Topic New Poll New Reply


go to top






Website design and SEO by Studio Montage

All content © 2001-16 LocostBuilders. Reproduction prohibited
Opinions expressed in public posts are those of the author and do not necessarily represent
the views of other users or any member of the LocostBuilders team.
Running XMB 1.8 Partagium [© 2002 XMB Group] on Apache under CentOS Linux
Founded, built and operated by ChrisW.