May we take this opportunity to wish a Happy New Year to all our members and TVR enthusiasts. Here's hoping for some happier news to start TVR's 60th anniversary year than that with which we finished 2006. Don't forget that we have an extensive programme of events to celebrate the diamond jubilee. Not yet a member? Perhaps the 60th anniversary is the time to join.
Following last Friday's sad news from Bristol Avenue, we have today received the following update from Mr Tony Hodson, the Transport and General Workers' Union convener at Blackpool.
It is with deep regret that the Club has to report this evening that we have heard from several uncorroborated sources that TVR's manufacturing company, Blackpool Automotive, have today gone into receivership. There are reports that there will be a meeting on 2 Jan 07 to seek a way ahead.
We hope to have more information over this weekend and as soon as we hear anything more or are able to corroborate this information, we will let members know. Our thoughts and best wishes go out to the workforce.
TVR have confirm to the TVRCC that, at the invitation of Blackpool Council, it has taken part in discussions with a number of parties who expressed an interest to the Council in starting a new automotive business at the company's Blackpool factory.
Unfortunately none of these plans has come to fruition. As a result, the company will now be concluding discussions with the Transport and General Workers Union on redundancy terms for TVR staff. It is anticipated that these proceedings will be completed by the end of the year.
Dom Trickett, Managing Director of TVR Power last night successfully concluded the purchase of the Coventry based company from TVR owner Nikolai Smolenski.
Included in the management buy-out deal are all the existing factory body moulds up to Tuscan and Sagaris Mk1, along with the exclusive UK rights to all genuine TVR parts for all current and future models for the next 10 years.