October 01, 2016 5:53 AM ET

Automobiles

Company Overview of TVR Automotive ltd.

Company Overview

TVR Automotive ltd. manufactures and distributes cars. It offers its cars through a network of authorized dealers in Bahrain, the Russian Federation, Saudi Arabia, South Africa, the United Kingdom, and the United States of America. The company was formerly known as TVR Cars Ltd. and changed its name to TVR Automotive ltd. in June 2013. The company was founded in 1947 and is based in United Kingdom.

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United Kingdom

Founded in 1947

Key Executives for TVR Automotive ltd.

TVR Automotive ltd. does not have any Key Executives recorded.

TVR Automotive ltd. Key Developments

TVR to Build a Production Facility in Ebbw Vale Enterprise Zone, South Wales

TVR has announced that its new production facility will be located in the Ebbw Vale Enterprise Zone in South Wales. The Welsh Government will also invest in the car maker, further enhancing this exciting manufacturing project which represents over £30 million of capital expenditure over the next five years. The contracts to locate the new TVR factory in Wales were signed on the 18th March and the deal was officially announced by Rt. Hon Carwyn Jones, the First Minister of Wales, during a press conference this morning. Currently, TVR is looking at several specific options for the precise location of the factory, the outcome of which will be the subject of a separate announcement in the coming weeks. The new TVR project, which was announced in early 2015, has already secured in excess of 350 deposits for the fantastic new launch edition car, which features innovative design and styling that maintains the distinctive TVR DNA, but also includes F1 inspired, ground-effect technology. The chassis and body has been designed by Gordon Murray of Gordon Murray Design Ltd. and will be the first production car to be manufactured using their revolutionary iStream® assembly process. Power is provided by a Cosworth tuned and enhanced V8 engine. The Welsh factory will be busy fulfilling orders that already run through to the end of 2018.

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