You know what they say: Out with the old (dishbrush), in with the new (dishbrush). Old Faithful has served me well this year: I'll forever hold dear the memory of how we tackled the great burnt-on pasta fiasco together, back in July. Good times. They become like part of the family don't they? Still, it's time to cross the Rainbow Bridge to the Great Washing Up Bowl In The Sky. Rest In Fairy Max Power, steadfast old chum. I shall never forget you.
UK firm Charge Holdings are further building on their strategic goal of creating a multi-brand, low-volume integrated automotive group by agreeing a strategic phased merger framework with TVR, and reviving the legendary Blackpool firm's V8 powered Griffith sportscar. The new generation Griffith, developed and engineered by Gordon Murray and Cosworth, was first unveiled at the 2017 Goodwood Festival of Speed, but following a series of misfires by former video games developer Les Edgar, whose consortium bought the firm in 2013 following a disastrous 9 year stewardship by Russian businessboy Nikolai Smolenski, the car is yet to hit the road. The deal, which will initially see Charge Holdings board members joining TVR’s board, with new share capital issued to Charge Holdings, will be followed by the purchase of existing shares from current TVR shareholders. The boutique sports car brand will become a subsidiary of Charge Holdings, enabling both companies to sh...