TVR has announced it will close its factory in Blackpool within six months.
Union officials said the sports car maker had spoken of plans to “relocate” the plant but they did not know if this meant in the UK or overseas.
The news comes less than two years after Russian oligarch Nikolai Smolensky bought the company.
Meanwhile, unions at Peugeot are expected to announce a battle plan this week to convince the French company it does not need to close the Ryton plant, near Coventry.
A column in The Daily Telegraph looks at the wider picture for Coventry, noting it has a record of “rising from the dead”.
References: Financial Times 25/04/06 page 2, The Times 25/04/06 page 42 (Need to know), page 45, page 6 (Law supplement), The Daily Telegraph 25/04/06 page 4, page B7, The Independent 25/04/06 page 49
