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Forums34
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Aug 24th, 2023
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Joined: Aug 2015
Posts: 1,543 Likes: 34
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Aug 2015
Posts: 1,543 Likes: 34 |
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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Joined: Apr 2014
Posts: 5,181 Likes: 2
Charter Member
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Charter Member
Joined: Apr 2014
Posts: 5,181 Likes: 2 |
Will they all be painted red now?
.+8 Now gone for a 1800 4/4. Duratec in bright yellow.
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Joined: Dec 2018
Posts: 1,309 Likes: 5
Has a lot to Say!
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Has a lot to Say!
Joined: Dec 2018
Posts: 1,309 Likes: 5 |
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 Current stead -'The Captain' Black +4 'Life is like a garden, dig it' *Joe Dirt 
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Joined: Jul 2011
Posts: 836
Talk Morgan Regular
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Talk Morgan Regular
Joined: Jul 2011
Posts: 836 |
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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Joined: Sep 2014
Posts: 2,272 Likes: 7
Talk Morgan Expert
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Talk Morgan Expert
Joined: Sep 2014
Posts: 2,272 Likes: 7 |
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.
Ex-John McKecknie/Mike Duncan 1955 +4 racer.
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Joined: Aug 2015
Posts: 1,543 Likes: 34
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Aug 2015
Posts: 1,543 Likes: 34 |
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.
Morgan Plus 4
Royal Enfield Classic 350
Brompton M6L
Giant TCX Advanced
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Joined: Dec 2018
Posts: 1,309 Likes: 5
Has a lot to Say!
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Has a lot to Say!
Joined: Dec 2018
Posts: 1,309 Likes: 5 |
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 Current stead -'The Captain' Black +4 'Life is like a garden, dig it' *Joe Dirt
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Joined: Jul 2007
Posts: 28,428 Likes: 180
Salty Sea Dog Member of the Inner Circle
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Salty Sea Dog Member of the Inner Circle
Joined: Jul 2007
Posts: 28,428 Likes: 180 |
Graham (G4FUJ)
Sold L44FOR 4/4 Giallo Fly
'09 Gen2 MINI Cooper ragtop
'90 LR 90 SW
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Joined: Jul 2011
Posts: 836
Talk Morgan Regular
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Talk Morgan Regular
Joined: Jul 2011
Posts: 836 |
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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Joined: Aug 2016
Posts: 384
Learner Plates Off!
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Learner Plates Off!
Joined: Aug 2016
Posts: 384 |
So instead of paid for the chassis, they give them the majority of the share 
Last edited by Chester.G; 05/03/19 04:17 PM.
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