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Old February 10th, 2007, 3:59 PM   #1
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Default TVR Trademark up for sale

http://www.motorauthority.com/news/i...k-up-for-sale/

Quote:
Top engine designer Al Melling has placed a bid for sports carmaker TVR’s trademark, with an estimated £10 million on offer. Melling is the man behind the original AJP engine that was used for a number of TVR models over the past decade. He most recently made headlines with the introduction of the 1,200bhp quad-turbo Hellcat concept, but Melling still requires a factory to build it. This is where TVR steps in.
The TVR trademark is up for sale, but owning it will give the buyer access to the Blackpool manufacturing plant, equipment, fixtures and fittings as well as moulds and tooling for the Tuscan, Tamora, Sagaris and T350 line of cars. It’s thought that Melling would also like to return the TVR Griffith to production.
The owner of TVR, Russian tycoon Nikolai Smolenski, split the company in order to move production to Italy where new cars will be built by coachbuilder Bertone. The winning bid for the TVR trademark will be revealed on the 23rd of this month.
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Old February 10th, 2007, 6:37 PM   #2
 
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So they really are in deep problems?
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Old February 10th, 2007, 10:29 PM   #3
 
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Originally Posted by NAIDANAC A View Post
So they really are in deep problems?
Well according to Top Gear news, all the workers have been fired and the factory shut down... so I think one could argue that TVR is in it deep. images/smilies/smile.gif

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Old February 10th, 2007, 10:47 PM   #4
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TVR Hellcat <--- Make it happen!
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Old February 11th, 2007, 12:02 AM   #5
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Hang on, how does owning the trademark give the buyer access to the factory, machinery etc? Owning the trademark means you can use the brand as you wish - it's got nothing to with the other assets of the company. Seems as though they're packaging the trademark with the Blackpool facilities, so he'd be buying a lot more than the trademark (so yes, I'm saying the article is poorly worded).
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Old February 11th, 2007, 12:34 AM   #6
 
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if you own the TVR trademark you can charge anyone for the right to use the name. Why is TVR doing so bad? Are they not selling any cars? They need to work on relaibility above anything. I dont know why Smolenski didnt do this when he bought the company.
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Old February 11th, 2007, 12:44 AM   #7
 
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I thought TVR sold the Blackpool plant after they shut it down?
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Old February 11th, 2007, 2:32 AM   #8
 
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Let's hope a whitegood manufacturer doesn't buy it and start selling the TVR Typhoon 575L side-by-side frost-free refrigerator.
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Old February 12th, 2007, 10:24 PM   #9
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At least it hasn't been sold to the Chinese.
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Old February 15th, 2007, 8:37 PM   #10
 
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Quote:
Originally Posted by choward93 View Post
if you own the TVR trademark you can charge anyone for the right to use the name. Why is TVR doing so bad? Are they not selling any cars? They need to work on relaibility above anything. I dont know why Smolenski didnt do this when he bought the company.
He did, he also improved quality and handling of the cars, problem was that by the time this was done no one wanted TVR's anymore.
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