CityAM - TVR owner faces DTI probe

[vladthedad]

According to City-AM free paper, NS looks set to be investigated by DTI.

[Lensey]

Although it won't get the factory back in the UK

[chassis 33]

It got a mention on North West Tonight yesterday evening too.

Regards
Iain

[julianc]

Excellent news!

Here's hoping the investigators do their job properly and don't join the 'cash for (non) questions' club.

Julian

[SEN 18]

Its time to open up the Tower Of London first customer NS

[jasandjules]

For what?

[SEN 18]

jasandjules said:

For what?

If it were I who had been given 50Mil TVR would be still building cars at BA and I know naff all about running a car manufacturing company,oh by the way whoever locks him up chuck the key away.

Edited by SEN 18 on Thursday 5th April 00:10

[julianc]

SEN 18 said:

oh by the way whoever locks him up chuck the key away.

What that man said!

Julian

[bob1179]

I hope the DTI shaft him the same way he shafted the workers, dealers and customers.

I just hope they don't use lube and use somthing with some girth so he feels it.

[hut49]

SEN 18 said:

jasandjules said:

For what?

If it were I who had been given 50Mil TVR would be still building cars at BA and I know naff all about running a car manufacturing company,oh by the way whoever locks him up chuck the key away.

Just to be a little controversial surely it was TVR management that was given 50 mil and who subsequently mis-managed the company such that this injection of life blood was allowed to drip through their fingers and down the drain? Had some of the fundamental issues about marketing strategy / product mix and manufacturing been addressed with this capital then a stronger TVR would have emerged. NS was left to pick up the pieces of TVR's management incompetence in the best way his financial advisors could advise him.

[magicofmotors]

As much as i dislike NS for what has happened lets not forget he did what he did because our dumb ass country allows people like him to do it with an out of date system. I'm sure thousands of other companies do it week in week out but don't get the bad publicity. Like the saying goes don't hate the player hate the game.

[bjwoods]

hut49 said:

SEN 18 said:

jasandjules said:

For what?

If it were I who had been given 50Mil TVR would be still building cars at BA and I know naff all about running a car manufacturing company,oh by the way whoever locks him up chuck the key away.

Just to be a little controversial surely it was TVR management that was given 50 mil and who subsequently mis-managed the company such that this injection of life blood was allowed to drip through their fingers and down the drain? Had some of the fundamental issues about marketing strategy / product mix and manufacturing been addressed with this capital then a stronger TVR would have emerged. NS was left to pick up the pieces of TVR's management incompetence in the best way his financial advisors could advise him.

That's like give £50 mill to some builders and say just get on with it!!!!!!

Can you imagine any businessman doing that... !?

Buy failing car company, give lots of money to existing 'failing' manangement..... no one else to blame but yourself.

[DJC]

Er...he doesnt live in the UK, isnt resident in the UK, has transfered his cash out of the UK and now his business assets out of the UK. Quite what treaties we have with Macedonia, but Id guess the DTi dont quite have the same weight in Skopje as they do in London!

[SEN 18]

hut49 said:

SEN 18 said:

jasandjules said:

For what?

If it were I who had been given 50Mil TVR would be still building cars at BA and I know naff all about running a car manufacturing company,oh by the way whoever locks him up chuck the key away.

Just to be a little controversial surely it was TVR management that was given 50 mil and who subsequently mis-managed the company such that this injection of life blood was allowed to drip through their fingers and down the drain? Had some of the fundamental issues about marketing strategy / product mix and manufacturing been addressed with this capital then a stronger TVR would have emerged. NS was left to pick up the pieces of TVR's management incompetence in the best way his financial advisors could advise him.

Quite right Hut49 absolutely agree with that.BUT theres always a BUT.NS being the owner is to blame for his incompetence any company in that situation when he arrived needed immediate surgery,the boy is a total dip shit.Its a classic no respect for money when its not earned and no respect for for peoples livelihoods what a shit bag IMHO.