Talk Morgan Forums Community The Malvern Arms Investindustrial and majority stake in Morgan

At the end of every era starts a new era.
Looks like they'll persue the wealthy end of the market.
That's fine by me. I'm in the autumn of my era and quite content to admire the new products( I think the new plus 6 looks great) without wishing to own them. I'm quite happy pottering in my old era, magnificent 4/4. I'll still be patting it on the luggage rack as I close the garage door on it after my latest journey.
I got home just as it started to rain today. That gave me much amusement. The same lovely things about my car will appear to a new generation in the new products I bet.
Nick

Thats just the time to sell off your shares in a business - bit more difficult to sell when making losses



BMW are still family owned and controlled I believe. There are still Piesches in Porsche.

The best way to survive long term is with stable family ownership that arent cutting costs and driving margins to make the best short term return

I think that sums up my feelings too.

I have also arrived at the point where I have to think carefully about any major purchases. One hopes to have planned retirement well but the future is always uncertain.

Substitute Morgan for Blue Star

https://www.youtube.com/watch?v=I0Qg1ZEE9Qg

Clogs to clogs in three generations. We've seen it elsewhere.


Man builds successful business and has children.

Not all children want to be part of it.

Old man retires and leaves one or two children running business.

Second generation have more children, all benefitting from the company.

Some of grandchildren enter company, but not all.

Then tensions emerge about who gets what, and the solution is to sell and divvi up the cash.

They all get a small share but the asset and the income is lost.

This is exactly what happened to a family run hotel we stayed at for years in Devon……..

There was an inevitability about this move with the need to invest (for Morgan) large amounts of money simply to keep the existing model range compliant with future legislation let alone fund electrification of at least a proportion of the production . It is a sad day but good can come out of it as long as Morgan owners and fans of British Sports cars make it clear what they expect from the new owners. In this respect the MSCC will be doing it’s bit .

Well, sliding pillar suspensions requiring a grease gun every 1000 miles a very much first-half-20th-century concept
... I think a £80K 330hp +6 leading to a £60K 240hp +4 then a £40K 180hp +3 (all turbo engines in a decent chassis) makes perfect sense...

On a brighter note, All present Morgans will probably be more valuable.

I think Dave comes close to explaining what has happened. I recall a conversation with Charles in which he railed against the lack of knowledge of car manufacturing among the (family) board members. Basically he was saying what Dave has intimated; all family owned businesses eventually succumb to the same dynamic i.e. a dilution of expertise, passion and loyalty through marriage and inheritance. One could speculate that the vote against CM as MD was the beginning of the end of family ownership. Of course there will be other factors.

The magnificent farm on which my father grew up was sold for similar reasons, and the farm on which I grew up was sold for similar reasons.

It's sad. It's another bottle of Wolf Blass sad. It's as sad as a sad person who only has a five Euro bottle of Wolf Blass in the cupboard. That's quite sad.

I agree.....except......a 4/4 already costs well over 40k on the existing, very cheap, chassis.
And aluminium chassis ( don't know how to pluralise that word) may be decent in that they are stiff but the slightest accident damage makes them a writeoff, which doesn't bode well for longevity. So it looks very much like a new, throw away era to me.
I'll still love them though, as long as they don't mess about too much with the badge! My granddaughter asked me the other day why my car had a mini badge on the front.....weee bit upsetting.....