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 OT.. Morgan Motors malvern england SOLD today

 Created by: thewerewolf
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 Posted: Mar 9, 2019 05:30PM
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dan..    at least better idea than  BMW powered Morgan.. like the Aero 8s..  later  bc

 Posted: Mar 9, 2019 03:33PM
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CA
hmmmm... a Ducati-powered Morgan?

.

"Hang on a minute lads....I've got a great idea."

 Posted: Mar 8, 2019 03:07PM
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guys.. I saw today. this same investment firm..  owns a big stake in Aston Martin and Ducati bikes.. later bc

 Posted: Mar 8, 2019 01:33PM
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Fix It Again Tony..................

If in doubt, flat out. Colin Mc Rae MBE 1968-2007.

Give a car more power and it goes faster on the straights,
make a car lighter and it's faster everywhere. Colin Chapman.

 Posted: Mar 7, 2019 04:06PM
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Italian ownership...look out for Fiat engined Morgan soon!

"Retired:  No Job, No Money, Wife and I!  Will travel anywhere for Minis"

hockey91dad@hotmail.com

 Posted: Mar 7, 2019 02:33PM
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Well it could be a lot worse-BMW could have bought them......

SCUM #2. "Life is too short to own just one classic Mini!"

 Posted: Mar 6, 2019 12:29PM
 Edited:  Mar 6, 2019 03:00PM
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Jedduh.. thanks.. I talked to someone at the factory.today...   and asked them IF they still had a job.. ?/ and they said.. LETS HOPE..   the morgans have got quite PRICY.. about $100 k plus for 2028 four wheeler.. in CKD form frrom Dennis at www.morganwest.net   .. I guess time will tell.. I had been talking to several of their dealers about assembly and doing their CKD title work.. ( here in NC.. it is 33 pages of forms ect. to get CKD car titled)  later bc

 Posted: Mar 6, 2019 11:18AM
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I suspect they were losing their Ash.

 Posted: Mar 6, 2019 08:01AM
 Edited:  Mar 6, 2019 08:01AM
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US
Smaller companies  need capital to continue to invest...

in this case:
  Sold Majority ownership to Investment firm... Family still has minority stake.

https://industryeurope.com/investindustrial-acquires-majority-stake-in-morgan-motor-com/


Jill Price, Peter Morgan’s daughter and longest serving Morgan family Director commented: “Having very carefully considered all options for the future success of Morgan, the family concluded that this new ownership structure and Investindustrial, have the pedigree and resources to secure the long-term future of Morgan. It was important for the family to retain a shareholding, and we are delighted that our loyal management team and workforce will now also have a share in the business going forward.”

Capital required to continue to exist! Niche product t= very unique= very labor intensive.. not' modern' in cost effiencies.. some Some things will change and the capital will help continue the heritage.

 Posted: Mar 6, 2019 07:11AM
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well.. just in on the BBC.. seems the Morgan family has SOLD Morgan Motors here in Malvern Link England.. to investment firm from Italy..  shame really.. after 110 years.. of local family owned..