Vehicle & Technical > Not Anything Listed Above....

Russian Buys UK Car Company

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Bush Tucker Man:
"Gasp. Shock Horror!" :shock:

Peter Wheeler the Chemical Engineer turned motor manufacturer has sold Britains biggest independantly owned Car company :shock:
(that's if you consider MG-Rover to be independant & entirely owned by the MD)

Yesterday Mr Wheeler officially handeed over 'The Keys' to a Nokolai Smolenski, the son of a major Russian banker & also Russias youngest millionaire.

He has already visited the factory to meet his new 400 strong workforce.
Quote;
"I am very enthusiastic about the companys potential & are grateful for the opportunity to become a car manufacturer."
"I have always admired British car design & manufacturing & believe the best automtive designers & engineeers are in this country"  

Lets just see how things progress for this wonderful range of cars.

(Wonder if 'Ned' is being kept on as a stylist as well?)

Wheeler will remain on the Board as a 'Senior Consultant Overseeing Styling & Engineering'

karloss:
Looks like we'd better start taking Russian lessons they're taking over. A russian has bought TVR this week I think.

Bush Tucker Man:
It is indeed the purveyors of 'Blackpool Power' that have gone under the Hammer (& Sickle)

http://www.guardian.co.uk/russia/article/0,2763,1271401,00.html

Peter Wheeler once said he'd only consider selling it to an English buyer.
Oh Peter, what have you done? :(

Wanderer:
The big problems will come when these rich Russians lose interest.
Chelski FC wouldn't last long paying the wages, that they're contracted to, should their backer quit.

Maybe the car workers will get £100,000 plus a week.  :?

Ed

V8MoneyPit:
So will we see a budget TVR powered by Lada???

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