TVR heads to the val­leys of Wales

Whangarei Report - - Driven -

Re­born Bri­tish sports car-maker TVR is to fol­low As­ton Martin, build­ing a fac­tory in Wales.

TVR, the Bri­tish brand fa­mous for pro­duc­ing frag­ile but fe­ro­ciously fast sports cars, will build its new gen­er­a­tion of mod­els in South Wales, creat­ing 150 jobs.

The choice of lo­ca­tion was made af­ter the Welsh Gov t agreed to pro­vide fi­nan­cial back­ing, and comes just weeks af­ter As­ton Martin an­nounced plans to build a fac­tory of its own in the prin­ci­pal­ity.

The first new TVR in more than a decade is due to go on sale in 2017, and will be a fron­tengined, rear-wheel-drive twoseater with a tra­di­tional man­ual gear­box.

TVR is also promis­ing For­mula One-in­spired ground-ef­fect tech­nol­ogy to help stick the car to the road through cor­ners, while power will come from a WE HAVE A SPORTS CAR PROJECT THAT HAS GAR­NERED GLOBAL AP­PROVAL AND EX­CITE­MENT, AND WE ARE DE­LIGHTED THAT THE WELSH GOV­ERN­MENT WISH TO BE­COME PART OF AN EX­CIT­ING NEW ERA FOR TVR.

nat­u­rally as­pi­rated V8 that’s be­ing en­gi­neered by mo­tor­sport spe­cial­ists Cos­worth.

Busi­ness­man Les Edgar now owns TVR, and is de­vel­op­ing the car in col­lab­o­ra­tion with Gor­don Mur­ray — most fa­mous for his work on Mclaren’s 243mph F1 hy­per­car.

Edgar said: “We have a sports car project that has gar­nered global ap­proval and ex­cite­ment, and we are de­lighted that the Welsh Gov t wishes to be­come part of an ex­cit­ing new era for TVR.”

The Rt. Hon Car­wyn Jones, First Min­is­ter of Wales, added: “This is yet an­other fan­tas­tic high-pro­file in­vest­ment for Wales and a great boost for our au­to­mo­tive sec­tor.

“Today’s news fol­lows hot on the heels of the As­ton Martin an­nounce­ment and sends out a strong, clear mes­sage that Wales is the lo­ca­tion of choice for ad­vanced man­u­fac­tur­ing.”

Edgar has pre­vi­ously said that the new car’s price will be “con­sis­tent with TVR’S past mar­ket po­si­tion­ing”, which sug­gests a start­ing point of about £50,000 ($105,000).

TVR has al­ready se­cured in ex­cess of 350 de­posits, and plans to in­tro­duce at least four new mod­els in the next decade.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.