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Transvision Resources Share Discussion Threads
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|Dave would sell the White Cliffs of Dover if he was offered a good price.|
|Though they’d existed as a company since 1947, TVR really hit their stride when Peter Wheeler took the helm in 1981 and began cranking out the V8-powered, fiberglass bodied, light weight and reportedly hair-raising to drive coupes that the company became synonymous with. When Wheeler sold off TVR to a Russian firm in 2004, a series of logistical missteps would eventually spell the end of the company (at least temporarily), and TVR closed their doors in 2007.
The next few years would see a handful of subsequent attempts to get the company back in action, but none of them would stick. However, earlier this month during an interview with Autocar the new players behind TVR revealed their plans to revive the company, and it sounds like this might be the effort that we’ve been hoping for.
One of the key components in the revamped company's plan is their design collaboration with Gordon Murray, the designer of the McLaren F1 and the engineering force behind the innovative iStream production process. “We’re very pleased with the way iStream, which was designed for volume projects, can be adapted to applications like this one,” said Murray. “It still delivers all the efficiency advantages it was designed to do.”
Sitting at the head of the table of the new TVR is Les Edgar, a tech entrepreneur who’s had a life-long obsession with the brand, and Edgar has assembled a team around him that sounds extremely promising.
'We know that a new TVR has to be better than just good – it has to be outstanding,' says Edgar. 'We are a well-funded, well-supported organization and boast a vastly experienced management team. We are here to stay and we have a fully evolved 10-year plan for product and business development, and are committed to deliver on all the targets we have set ourselves - as we have done to date. Despite very deliberately maintaining a low profile since completing the acquisition of TVR two years ago, we have had an enormous amount of unsolicited interest from businesses, individuals and investors internationally. Such is the strength of the brand and the passion of its followers.”
Another key component is the company’s collaboration with renowned engineering and tuning firm Cosworth, who will be supplying the new TVR’s V8. The motor will start as a proprietary block that will be developed into a unique unit for use with TVR vehicles. The V8 will be naturally aspirated, dry-sump, and will be given an engine management system unique to TVR. The exhaust system will route the pipe exits off the side of the car, just behind the front wheels. That motor will be front-mid mounted and hooked to a six-speed manual transmission that will send the power to the rear wheels.
With low weight being a cornerstone of TVR design, heavy use of both aluminum and composite materials is expected, and the team is said to be targeting a goal of about 2500 pounds for the introductory model, with the new car reported to be dimensionally similar to the outgoing Tuscan and Sagaris models from the early 2000s. If Autocar’s speculation of approximately 450-470 horsepower prove to be true, the new TVR should have enough grunt to offer supercar levels of performance.
TVR’s new plan involves the introduction of four unique models over the next ten years, the first of which is due in 2017. Pricing “will be consistent with TVR’s past market positioning and highly competitive within its field”.
The team is said to be targeting the strong years of TVR’s past in terms of volume, putting production at around 1000-2000 cars per year.
While there’s no word on whether the cars will make it to U.S. shores, it seems to be a legitimate possibility given the people behind the project. Stay tuned for updates as we have them.|
|Several years later...
TVR IS BACK!
|i/ve now heard from TVR. Not very good at all. Money running out or run out and no signs of reverse take-over vehicle. Apparently still looking but doubt that very much. Say goodbye to your/mine investments chaps. A pis* poor performance.|
|Their registered office address is:
10 Orange Street
|perhaps we should all write a polite letter to Lyndsay Sanford asking about what efforts are being made to relaunch this co. I'm going to do that. I've waited long enough.|
|Beginning to look like it.I have a telephone no. (0207 6595216) and just tried to call them but got an anonomous answering machine.I left a message to the effect of "I am a shareholder losing patience, what news do you have for me?" but I am not holding my breath for a return call.|
|xavico, can never get thru to any of them, shared office premises|
Have you tried speaking to Lyndsay Sandford? I just get the impression that this one will fall into oblivion and if that is the case then do it now rather than wait. Still prefer a deal though for obvious reasons.|
|I am also concerned about lack of info. being supplied to shareholders.A bit of a rotten smell about this one, I sense.|
|all quiet on the tvr front. Anyone with any news.|
|Is dunnie about?|
|anyone with any news?|
|I have heard that the deal tvr were working on fell through but that other prospects are being considered.
I hope tvr manage to pull the rabbit out of the bag soon.|
|Anyone got any news?|
|I have tried to speak to the co. but they're not responding. Left message with Acheson the finance director on several occasions but no response. I wish they'd sink or resurrect this one. Cant stand the long boring wait inbetween.
I suggest that holders bombard the co with calls in the hope that s/one will respond.|
|does anyone know what is happening with this company, have i lost my pennies|
Any news on reverse t/over?|
|Post removed by ADVFN|
|Thanks dunnIE. It doesnt make for inspiring hopes about this one. The management team have been trying to do s/thing with this one for some time. I remember it was all supposed to be wrapped up back in July. These delays do not inspire confidence even if management are doing all they can. The other players may back out. The Stock Xchange will not hang on forever.|
|xavico,spoke with the FD who told me a investor pulled out leaving them short of the funds needed and were in discussions with a few other investors,he said they have to give 21 days notice of the EGM to approve the deal and expected the shares to re-list 5 days later,so it looks like next year now,regards|
Any progress report on when the shares will trade again?|
|TVR is set to celebrate its 60th birthday with a limited run of 60 cars with a 600bhp engine. Based on the Tuscan, the new supercar is expected to be called Typhoon.
The car is set to be unveiled at next March's Geneva Motor Show and will use a supercharged version of the company's own 4.0-litre six-cylinder Speed Six engine. A five-speed manual gearbox will remain as standard.
The Typhoon will also come with lightweight body panels made from carbon fibre to further its performance potential. TVR is keeping quiet about details of the Typhoon, but it's rumoured the car will be capable of more than 200mph and 0-60mph in 3.6 seconds.
For the first time in TVR's history, the Typhoon has been designed by computer to refine its chassis and aerodynamics. The Typhoon is also set to be one of the first TVRs built at the company's new European factory with engines supplied from its Blackpool base. TVR is yet to confirm where its new factory will be.
Last week, TVR laid off 158 workers on the production line ahead of moving car manufacture to mainland Europe to reduce costs.|
|didn,t we have a share consolodation in december of 10 existing shares into 1 new share.|