TVR in trouble

Noooo TVR's are about my favourite cars! That crazy Russian guy must have done something wrong along the lines, because when he took it on I understood the company was in fact growing? Although under his ownership they have created the Sagaris and the Tuscan 2, which I believe were 'better' cars than previous TVR's, although some serious reliability issues remained...?
 
Another blow to UK car manufacturing. At the rate we are going, we’ll soon have no car production in the UK, despite a senior at Rolls Royce stating the UK is still strong with car production.

Mind you, with the spend, spend, spend and spend some more nature of the government over the past years, and now tax, tax, tax, and tax much much more following these years, no one has as much spare cash to spend anymore. It even hits the wealthy, as they will certainly look to tighten up, we all do as goods become more expensive, and outgoings increase.

Plus with exports from the UK costing so much, its little wonder why we are now struggling. Sad to hear more job looses, but with Peugeot, Rover, Jaguar and now TVR, this isn’t the end.
 
GlasgowTitan said:
eh? They are cars you can get that will match nearly all other supercars which cost 3,4,5 times the price....

Yeah, but those supercars aren't TVR's rivals. Take the Tuscan convertible, that's up against cars like the Boxster S. Yes it's much quicker to 60, but doesn't share nearly the same sort of build quality or reliability, yet costs more than the Boxster once the Sport kit is added on. The Boxster is the better car by far, and costs a lot less.

TVR has survived because, in reality, it sits in a niche market - no other manufacturers makes cars which offer the same.
 
the Sagaris, Tuscan, Tuscan Convertible, T350 and Tamora.

That's one of the problems, if you ask me. There's not really a lot of difference between those cars. Some the roof comes off, but apart from that TVR manufacture a whole range of same sized 2 seater sports cars. They should concentrate on maybe 2 or 3 of those models and get those right.

Then if they simply must have more models, perhaps consider something in the 4/5 seater market.

You don't see Lotus bringing out several small, 2 seater mid engines sports cars, what's the point, they already have the Elise and the Exige and that about covers the whole range.

I think TVR should drop the Tamora and probably the Tuscan and sell just the T350, Tuscan Convertible and Sagaris (but push the power up to say 400hp, to make it really "different" to the T350). Otherwise they are somewhat competing against themselves.
 
Third Opinion said:
I give them less than six months and they will either be absorbed into a big name (Ford, BMW) or totally closed.

Wouldn't shock me TBH. I don't know enough about the actual cars to say who would express an interest, but closure isn't remote either.
 
Wonder if this has been in the pipeline for a while, and has been actioned this week to try and hide behind the negative publicity of the Peugeot palarver - after all, in media terms 150 workers is nothing compared to the 3000ish jobs lost at Ryton.

I bet they're hoping no-one will notice this in amongst all the Peugeot press.
 
Interesting how people read the report.
My personal take was that TVR have reduced their production, not that demand has reduced.
The implications being that the owner really is trying to get the reliability and quality issues resolved before releasing further cars to the public.

Strikes me that this could be a good thing, as against a bad thing.

Typical press "spin" on a subject. Lets be sensationalist about things!!
 
Normally when you reduce production is either because you have too much produced stock already, or your order books are nearly empty.

I’ve heard of production lines stopped when they are looking into quality issues, but not reduced, and by means of laying off staff. If they have redundancy packages, and along with the reduction of production this will eat into any capital they might have.

I see this as the cars are not selling as well, so production as been reduced, regardless of what quality or reliability is at the moment. Why the cars are not selling, or why TVR has reduced production, I don’t know but 150 out of work isn’t good.

In compression to what has recently happened I agree it’s small fish, but nonetheless still bad news.
 
I believe that it is hoped that this with be a temporary measure due to lack of orders taken recently at the company.

Last year 90 workers were laid off for similar reasons and two thirds of them were taken back on eventually, so fingers crossed this is the same thing.
 
volospian said:
That's one of the problems, if you ask me. There's not really a lot of difference between those cars. Some the roof comes off, but apart from that TVR manufacture a whole range of same sized 2 seater sports cars. They should concentrate on maybe 2 or 3 of those models and get those right.

Then if they simply must have more models, perhaps consider something in the 4/5 seater market.

You don't see Lotus bringing out several small, 2 seater mid engines sports cars, what's the point, they already have the Elise and the Exige and that about covers the whole range.

I think TVR should drop the Tamora and probably the Tuscan and sell just the T350, Tuscan Convertible and Sagaris (but push the power up to say 400hp, to make it really "different" to the T350). Otherwise they are somewhat competing against themselves.

TVR currently escape a lot of the current volume regulations (it is now a legal requirement to have ABS for example, various noise and emissions regs etc) by producing a widish range of low volume cars. If they were to concentrate on a couple of vehicles and went over the threshold it would cost them a vast amount of money to redo the model range.
 
I really, really wish TVR would sort out their reliability issues.

For me, they'd be perfect if it wasn't for the fact that they conk out all the time. I love the looks, the power, the noise, the interior but just don't think I could live with the fear of expensive failures. :(

Although I have to admit that I have been tempted to just buy a cheapish Chimaera (say £15k) and then keep the remainder of my budget (£5k) for repairs.
 
Peter Wheeler should have never left. He was the best thing to ever happen to that company.

They have been releasing too many models with little variation in them.

Whatever happened to the Typhon, 440R? They were wasted developments, which is what TVR did.
 
volospian said:
That's one of the problems, if you ask me. There's not really a lot of difference between those cars. Some the roof comes off, but apart from that TVR manufacture a whole range of same sized 2 seater sports cars. They should concentrate on maybe 2 or 3 of those models and get those right.

agreed

in the old days they had the cerbera, griffith and the chimaera

much simpler choice.

also, what about the useability of the cars. Top gear showed this at its best when offering a bunch of random blokes from the factory next to the top gear set £50 if they could get in and start the car in under a minute

the location for the door handle was obscure enough. but the starter and ignition were terrible. none of the controls were user friendly.
 
eidolon said:
I really, really wish TVR would sort out their reliability issues.

For me, they'd be perfect if it wasn't for the fact that they conk out all the time. I love the looks, the power, the noise, the interior but just don't think I could live with the fear of expensive failures. :(
It is there only downfall imo
 
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