I do hope MMC did not loose too much money on this failed project and can monetize the obtained experience later.
Cheer,
Bert
Unlikely. It could be their most profitable ever. Government gave them six million to develop it and they haven't got to repair any products under guarantee. They've also had all those deposits....
Here's the link where mmc announce the grant, which interestingly talks of developing power train which is the bit Fraser Nash were supplying? Perhaps I've misunderstood it?
https://www.morgan-motor.co.uk/morgan-motor-company-benefit-6m-government-funding/
