RE: AC Bankrupt?

Thursday 30th May 2002

AC Bankrupt?

More troubles for Britain's oldest car maker?


Author
Discussion

Twin Turbo

Original Poster:

5,544 posts

279 months

Thursday 30th May 2002
quotequote all
Nooooooooooooo

Here we go again, I'm sure someone will bail them out, but I thought Alan Lubrinsky (sp!) seemed to have done a good job so far.

Hope things work out.

jamesc

2,820 posts

297 months

Thursday 30th May 2002
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I am sorry not because AC is Britain's oldest car maker, because I like the Mamba.

James

JohnL

1,763 posts

278 months

Thursday 30th May 2002
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Just had a look at AC's website ... they claim that a Cobra doing almost 200 mph up the M1 in 1963 was directly responsible for the introduction of the 70mph speed limit ... b@st@rds, deserve to sink, around since 1901 or not ...

Except ... this is actually bollox I believe, IIRC speed limits were introduced in the '70s in response to the oil crisis.

What a thing to brag about especially if it's not true!

>> Edited by JohnL on Thursday 30th May 14:53

plotloss

67,280 posts

283 months

Thursday 30th May 2002
quotequote all
I thought that was the case. They used to speed test on the M1 during that time as there were no rules at all, people would have picnics on the hard shoulder and double decker buses would just pull onto the road doing 20mph and it was deemed that 150+ was just too fast.

Like you say though, it could be an urban myth. Who's to know for sure?

Matt.

big rumbly

973 posts

297 months

Thursday 30th May 2002
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The 70mph limit was set in the mid 60's by Barbara Castle

Mark IV

15 posts

276 months

Thursday 30th May 2002
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Despite best hopes, you will not see AC survive in the form that most would expect. As with Roll-Royce, the "brand and logo" are held separate from the assets of the company. These are held by the Chairmans USA registered holding company, AC Car Group Ltd. is just a licensed user of the trademarks. This has been a house of cards for some time and there has been no real effort at production for some months. Contact Duncan Hamilton for their take on dealing with the present management!

The amont of money that has been pissed away in the last couple of years will come out in the court hearings as well as the fact that they have taken payment for an Aceca model that they have never produced and in fact discontinued the model directly after taking a deposit on it!

A sorry state of affairs. Plus the latest "scheme" was to import Aussie Falcons and Utes as "Verte Tempest" autos- Check the Verte website and notice that the phone and fax are the same as AC.
I think the facts will get uglier as they come out.

Rick

>> Edited by Mark IV on Thursday 30th May 13:25

JohnL

1,763 posts

278 months

Thursday 30th May 2002
quotequote all
quote:

The 70mph limit was set in the mid 60's by Barbara Castle


Oh. Whoops. So what do I know anyway?
Was it reduced for the oil crisis then or something?

In any case - why brag about it?

In my quick and inconclusive websearch on the subject I came across these (very similar to each other). Read 'em and worry ...

www.ravenfamily.org/andyg/speedophiles.htm
www.guardian.co.uk/Columnists/Column/0,5673,434934,00.html

M@H

11,298 posts

285 months

Thursday 30th May 2002
quotequote all
JohnL.. one of your links says..

"..the mid-60s when Barbara Castle brought in the breathalyser"

and a bit of routing found.

"Castle was Chairperson of the Labour Party (1958-59) and after the party won the 1964 General Election the new prime minister, Harold Wilson, appointed her as Minister of Overseas Development (1964-65) and Minister of Transport (1965-68). In this post she introduced the 70 mph speed limit, breathalyzer tests for suspected drunken drivers and compulsory seat belts."




..keeping busy wasn't she..


>> Edited by M@H on Thursday 30th May 14:05

mattjbatch

1,502 posts

284 months

Thursday 30th May 2002
quotequote all
From that speedophile crap...
quote:

That is one reason why 5,000 non-drivers die on our roads every year.


Bullsh1t. Complete and utter sh1te and I need a fag before reading the Guardian one...

M@H

11,298 posts

285 months

Thursday 30th May 2002
quotequote all
quote:

From that speedophile crap...
quote:

That is one reason why 5,000 non-drivers die on our roads every year.


Bullsh1t. Complete and utter sh1te and I need a fag before reading the Guardian one...



Don't do it Matt.. you know the Guardian's not good for your health...
Cheers
Matt

mattjbatch

1,502 posts

284 months

Thursday 30th May 2002
quotequote all
You're right. I don't think my blood pressure could cope. Time for another fag methinks. And a cup of disgusting machine coffee

JohnL

1,763 posts

278 months

Thursday 30th May 2002
quotequote all
Don't bother anyway - on closer inspection both articles are written by the same narrow minded f*kwitted sensationalising apology for a journalist

CarZee

13,382 posts

280 months

Thursday 30th May 2002
quotequote all
quote:
Oh. Whoops. So what do I know anyway?
Was it reduced for the oil crisis then or something?
NSL was - from 70 & 60 to 60 & 50..

My dad missed the announcement that they'd gone back up to 60 & 70 - hence when he was teaching me to drive (hah - it's all his fault ) he insisted that 50 was the limit on all the roads near us...

I expect lots of old people are under the same illusion which would explain a few things..

I think I frightened him so much that at one point he tried to convince me that the NSL sign meant 30 unless on a dual carriageway

Thom

2,745 posts

286 months

Thursday 30th May 2002
quotequote all
As an AC-bred petrolhead I have to say this is quite depressing.
For the last decade they have been producing rather unimpressive and dull cars (IMO), beside trying to make the Cobra evolve, which it is not very good at.
I hope this information is untrue, and I hope they will come up with mighty a car as good as the A-98 coupe was...

PS: the A-98 was the famous car often associated to the M1 speed tale.

>> Edited by Thom on Thursday 30th May 15:33

Roadrunner

2,690 posts

280 months

Thursday 30th May 2002
quotequote all
Doubt the badge is worth much either. The image has been trashed by decades of cortina copies. Best to let it lie now.

Twin Turbo

Original Poster:

5,544 posts

279 months

Thursday 30th May 2002
quotequote all
or let Ford by it and create AC diesel estates.

grahambell

2,718 posts

288 months

Thursday 30th May 2002
quotequote all
Just thought it worth mentioning that the 70mph limit was introduced as "a temporary measure".

But then so was income tax.

RacerX

40 posts

289 months

Friday 31st May 2002
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Ford will buy them...like everything else

>> Edited by RacerX on Friday 31st May 07:24

Whoozit

3,840 posts

282 months

Friday 31st May 2002
quotequote all
quote:

Just thought it worth mentioning that the 70mph limit was introduced as "a temporary measure".

But then so was income tax.



[geek]

Yup, to pay for the Napoleonic wars

[/geek]