First Minister Carwyn Jones has announced that Gordon Murray-engineered TVR sports car is to be produced in Wales
TVR has confirmed that the location for its new UK-based factory will be on the Ebbw Vale Enterprise Zone, the same site that could in future house the Circuit of Wales. The Welsh Government will also invest a total of £30m in TVR over the next five years.
Although there are not a huge amount of details on the new car at this point, we do know that it will be built using Gordon Murray’s iStream modular carbon fibre chassis, while power will come via a Cosworth V8. > Everything we know about the new TVR sports car
Although TVR has not produced a car since the factory closed in 2006, fans of the once great British brand have long cried out for a new model. British entrepreneur Les Edgar bought the company in 2013. Plans to launch a new car have been brewing ever since, and a number of deposits have already been taken for the first new model, expected in 2018. Edgar plans to launch a further three models in the next ten years.
The First Minister of Wales, Carwyn Jones commented: ‘Today’s news follows hot on the heels of the Aston Martin announcement and sends out a strong, clear message that Wales is the location of choice for advanced manufacturing. It also illustrates that our pro-business approach is delivering results, attracting significant investment and creating high quality jobs and it is another huge boost for Wales, for our automotive sector and for our skilled workforce.’> Can't wait? Take a look at TVRs for sale in the classifieds