RE: Can Riley revive MG and TVR?

RE: Can Riley revive MG and TVR?

Author
Discussion

jazzyjeff

3,652 posts

260 months

Friday 11th May 2007
quotequote all
Yellow Fever said:
Well this all went a few miles off thread didn't it? Take a moment to recap on the original story....

After a lot of to-ing and fro-ing, NAC ends up owning the MG name. After much further work and investment, NAC gets the MG TF back into production and is just about to re-launch the car in the UK when.....

Some bloke in deepest Worcestershire we've never heard of suddenly acquires a remnant of the MG Rover empire that MAY POSSIBLY give him room to argue that he COULD be able to use the MG name on one or more products. Said bloke then issues a 'blue sky' press release claiming he's about to close numerous deals all leading to production of a car with some sort of MG badge on it. All a thorn in the side for NAC isn't it?

Of course, if NAC were to buy up the company with the plans to build this spurious car, that would get rid of the problem, wouldn't it? Everyone would be happy. NAC's problem would go away and our friend from Worcestershire would have trousered a nice profit for simply spotting the opportunity and putting out an 'inspired' press release.

As everyone here seems to agree, it beats selling cars for a living.

Perhaps Mr Riley has actually spotted the ONLY way to make a profit from the Automotive industry in the UK?


I would just like to say that I have a professional involvement in this. And in no way is it "blue sky" :-)

JJ

hendry

1,945 posts

283 months

Friday 11th May 2007
quotequote all
jazzyjeff said:
Yellow Fever said:
Well this all went a few miles off thread didn't it? Take a moment to recap on the original story....

After a lot of to-ing and fro-ing, NAC ends up owning the MG name. After much further work and investment, NAC gets the MG TF back into production and is just about to re-launch the car in the UK when.....

Some bloke in deepest Worcestershire we've never heard of suddenly acquires a remnant of the MG Rover empire that MAY POSSIBLY give him room to argue that he COULD be able to use the MG name on one or more products. Said bloke then issues a 'blue sky' press release claiming he's about to close numerous deals all leading to production of a car with some sort of MG badge on it. All a thorn in the side for NAC isn't it?

Of course, if NAC were to buy up the company with the plans to build this spurious car, that would get rid of the problem, wouldn't it? Everyone would be happy. NAC's problem would go away and our friend from Worcestershire would have trousered a nice profit for simply spotting the opportunity and putting out an 'inspired' press release.

As everyone here seems to agree, it beats selling cars for a living.

Perhaps Mr Riley has actually spotted the ONLY way to make a profit from the Automotive industry in the UK?


I would just like to say that I have a professional involvement in this. And in no way is it "blue sky" :-)

JJ


Great to hear. Where, can I ask, is the factory? When did Riley acquire rights to the car? How advanced is work to redevelop the original vehicle into something better and more affordable? When will there be running prototypes? Is the funding now closed?

Without some solid answers to the above, this is as fanciful as my plan to start a Formula One team.

jazzyjeff

3,652 posts

260 months

Sunday 13th May 2007
quotequote all
hendry said:
jazzyjeff said:
Yellow Fever said:
Well this all went a few miles off thread didn't it? Take a moment to recap on the original story....

After a lot of to-ing and fro-ing, NAC ends up owning the MG name. After much further work and investment, NAC gets the MG TF back into production and is just about to re-launch the car in the UK when.....

Some bloke in deepest Worcestershire we've never heard of suddenly acquires a remnant of the MG Rover empire that MAY POSSIBLY give him room to argue that he COULD be able to use the MG name on one or more products. Said bloke then issues a 'blue sky' press release claiming he's about to close numerous deals all leading to production of a car with some sort of MG badge on it. All a thorn in the side for NAC isn't it?

Of course, if NAC were to buy up the company with the plans to build this spurious car, that would get rid of the problem, wouldn't it? Everyone would be happy. NAC's problem would go away and our friend from Worcestershire would have trousered a nice profit for simply spotting the opportunity and putting out an 'inspired' press release.

As everyone here seems to agree, it beats selling cars for a living.

Perhaps Mr Riley has actually spotted the ONLY way to make a profit from the Automotive industry in the UK?


I would just like to say that I have a professional involvement in this. And in no way is it "blue sky" :-)

JJ


Great to hear. Where, can I ask, is the factory? When did Riley acquire rights to the car? How advanced is work to redevelop the original vehicle into something better and more affordable? When will there be running prototypes? Is the funding now closed?

Without some solid answers to the above, this is as fanciful as my plan to start a Formula One team.


Sorry Hendry, can't give out any details just yet, might prejudice matters ;-)

Of course, given previous failed attempts in this country at getting low volume projects off the ground, I can understand Mr Riley suffering waves of pessimism in the meantime (for example check the other thread running at the moment which seems to be populated by foaming-at-the-mouth Porsche fanatics ;-) )

JJ


Edited by jazzyjeff on Sunday 13th May 16:25