Staff at TVRs Blackpool factory have been informed that the company is planning to outsource all production. Agreements are being finalised for the 2007 run of Tuscan, Tuscan convertible and Sagaris to be produced in Europe while fully built powertrains, straight six, four-litre TVR engines including clutch and gearbox are due to be produced in the UK.
Nikolai Smolenski said "We are extremely sorry that, after a period of uncertainty and raised hopes that we could continue production ourselves in Blackpool, we have had to make this decision. We need to secure the future of the company and move it forward. I am afraid we see no other way to do so."
TVR plans to continue with all current arrangements for the supply of cars and parts.
