are taking place between the directors of Standard-Triumph International and Alforder Newton Ltd., of Hemel Hempstead, with a view to Standard- Triumph acquiring the share capital of Alforder Newton for cash.
This was announced by Lord Tedder at the annual meeting in Coventry yesterday. No cash price was revealed.
Alforder Newton is a privately owned firm which manufactures all of the front suspensions for the Standard-Triumph range, and also supplies Jaguar Cars and other motor car manufacturers. The Standard-Triumph directors emphasize that it would be their intention to continue to reserve capacity for existing customers of Alforder Newton and to expand the business outside the Standard- Triumph group.
Keith Adams
Editor and creator AROnline at AROnline
Created www.austin-rover.co.uk in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.
Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...
Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...
Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Latest posts by Keith Adams (see all)
- Archive : The Filmer Paradise interview - 15 August 2018
- News : UK new car sales hold steady in July - 6 August 2018
- News : UK car manufacturing falls back in June - 31 July 2018
Be the first to comment