Skip to main content

You are here

TVR news - TVR future in the balance - 2007

Read more on:

Wanna buy a sports car company? Only three careful owners, patchy service history.

Yes, TVR has staggered into yet another crisis - the firm has been placed into administration as a new owner is sought for the British sports car company.

Plans to move production abroad to reduce costs came to nothing and followed a failed bid to move the company to new premises near the original factory.

The uncertainty over TVR’s future will only be resolved if a new owner can be found by administrators PKF (UK), which intends to sell the firm as a going concern.

Established in 1947, TVR was bought by Russian millionaire Nikolai Smolensky in 2004.

Share this page: 

What do you think?

This service is provided by Disqus and is subject to their privacy policy and terms of use. Please read Top Gear’s code of conduct (link below) before posting.

Promoted content