FOR SALE: TVR

FOR SALE: TVR needs new owner to stay alive.

A brief press release TopGear.com brings the bad, sad news that TVR has been "put under", which is the name in the United Kingdom to roughly what might be described as a declaration of bankruptcy (most notably companies benefiting from this measure to protect against actions by creditors).

The text states that administrators PKF want to sell the manufacturer to keep him alive. TVR was bought by Russian billionaire Nikolai Smolensky in 2004 but although he tried to revive the company with new models and improved the overall product, it seems that their steps to move production to Italy, reduce costs and provide a new supercar have come too late for TVR. We hope you have someone interested and visionary for this ship can stay afloat (and hopefully not sail in the UK).