TVR calls it quits in UK

October 19, 2006

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Despite having raised the hopes of workers and proud TVR enthusiasts in the UK, Russian owner Nikolai Smolensky has announced that he will be moving production of the niche sportscars out of the UK to another undisclosed European country. The move will result in 250 workers being laid off at the company’s Blackpool assembly plant. The Transport and General Workers’ Union that represents the TVR workforce said it was “bitterly disappointed” over the decision, especially considering that temporarily laid-off workers were rehired back in July and Smolensky had just moved his operations into a new facility within Blackpool. Smolensky seems to have mastered the art of false hope, having also announced in the past year that he would double TVR’s production with a new lineup and may begin selling cars in the U.S. Pardon us if we don’t get our hopes up.

[Source: BBC]

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