Man who snapped up TVR may go for MG
By Jon Ashworth
THE Russian financier who owns TVR, the Blackpool-based sports carmaker, is the obvious candidate to buy MG, according to industry commentators.
Nikolai Smolensky, who says that he has “always been a fan of British car manufacturing”, bought TVR last July for an undisclosed sum.
The list of candidates queueing to buy MG is short. MG does not fit with British marques such as Morgan and Caterham, but Mr Smolensky may want to add to his portfolio. Alternatively, MG could be bought by a consortium of businessmen.
As an “affordable sports car”, MG competes with mid- market models made by Mazda, Fiat and others, and it is unlikely that groups such as BMW would want to take it on.
http://www.timesonline.co.uk/article...565480,00.html
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