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Joined: Aug 2015
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Talk Morgan Enthusiast
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Just had a quick look in my garage and it looks like the same car that was there yesterday.


Morgan Plus 4
Royal Enfield Classic 350
Brompton M6L
Giant TCX Advanced
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Will they all be painted red now?


.+8 Now gone for a 1800 4/4. Duratec in bright yellow.
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Has a lot to Say!
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IMO, I think its not only a pretty sad day for the owners of MMC, but also the folks that own and love their cars.

Last edited by Bonesie; 05/03/19 03:41 PM.

Bonesie

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Originally Posted By Bonesie
IMO, I think its not only a pretty sad for the brand, but also the owners that love the brand.


My feelings exactly.

Morgan - The End of an Era

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I have worked for 2 different companies that were all taken over by a similar type of investment vehicle. Neither of them ended well for the original employees, but in fairness one of the companies survived and prospered , the other ended less well.


Andy G
1999 +8 , Indigo Blue.
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It's a bit like Bob Dylan using an electric guitar at the Newport Folk Festival in 1965. His fans didn't like it but he couldn't progress musically by staying acoustic. I feel this is a significant moment - not necessarily a sad one. Morgan would probably not survive long term without it. Hm.


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They (investindustrial) will modernise, streamline, maybe even build a new plant ? all of which will no doubt increase profits ( after all thats all they care about ) and all the time they are doing that they will be sucking the soul out of the brand.


Bonesie

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Graham (G4FUJ)

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Possibly The family thought this was the right time to get out with record high profits and with Brexit looming. No doubt this was a good deal for the family and for Investindustrial. For the life of me, I cannot see how this can be good for the employees or the fans however. Making it employee owned, like Aardmann just did, would have been a much better path forward. HFS would be rolling in his grave.

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So instead of paid for the chassis, they give them the majority of the share frown

Last edited by Chester.G; 05/03/19 04:17 PM.
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