3D Printing 1909 Rover 12 Hp Marketplace

Total Page:16

File Type:pdf, Size:1020Kb

3D Printing 1909 Rover 12 Hp Marketplace NEW ZEALAND’S FOREMOST HISTORICAL MOTORING MAGAZINE No. 327 April/May 2014 $6.95 3D PRINTING Behind the Wheel of a 1909 ROVER 12 hp cars | bikes | parts | for sale | wanted MARKETPLACE 9 418979 000012 bw327.indd 1 27/03/14 10:38 AM This image has been supplied to us by Trevor Holland. He writes: PHOTOGRAPHS REQUIRED “Enclosed is an appropriate photograph for this year, being 100 years Submissions of suitable prints and information (where available) are since the beginning of World War One. The photograph was taken in always welcome. 1917 at Willowbridge, Waimate, South Canterbury. Please send original photographs of historical interest with any available The oats are being baled up to be shipped over to Europe for our war information to: horses stationed there. Beaded Wheels, PO Box 13140, Christchurch 8141. The engine driver is Andy Robinson, but the person in the 1913/14 Laserprints/photocopies are not suitable. Ford Model T is unknown, and is thought to be the landowner.” Photos will be returned as soon as practicable. management committee MANAGEMENT COMMITTEE SECRETARY/ TREASURER Ed Boyd Contact National Office for all queries Please note this information changes Michael Lavender 06 348 4547 [email protected] annually - these details are valid until regarding VICs, logbooks, historic race licences, 03 325 5704 [email protected] Tony Bartlett October 2014. lighting endorsement, registration of vehicles, REGISTRAR 06 867 9850 [email protected] address changes, subscriptions, membership PRESIDENT Rod Brayshaw Diane Quarrie John Coomber 07 549 4250 [email protected] cards, speed events. 06 876 4009 [email protected] 03 348 0062 [email protected] SPEED STEWARD The Vintage Car Club Of New Zealand (Inc.) CLUB CAPTAIN NORTHERN REGION Tony Haycock National Office, Paul Collins 03 980 6755 [email protected] VCCNZ ARCHIVIST 09 423 7888 [email protected] Marilyn McKinlay PO Box 2546, Christchurch 8140 BEADED WHEELS CHAIRMAN 03 349 6951 [email protected] Phone 03 366 4461 Fax 03 366 0273 CLUB CAPTAIN SOUTHERN REGION Kevin Clarkson Alon Mayhew 03 385 9821 [email protected] Email [email protected] 03 443 7030 [email protected] branches A full list of branch addresses and contact details can also be found on the VCCNZ website at www.vcc.org.nz ASHBURTON CENTRAL HAWKES BAY HOROWHENUA NORTH OTAGO SOUTH OTAGO WAIRARAPA PO Box 382, Ashburton 7740 C/- 346 Porangahau Road, RD 2, PO Box 458, Levin 5540 PO Box 360, Oamaru 9444 C/- M. Tapp, RD 3, Warepa, PO Box 7, Masterton 5810 [email protected] Waipukurau 4282 [email protected] [email protected] Balclutha 9273 [email protected] AUCKLAND [email protected] KING COUNTRY NORTH SHORE [email protected] WAITEMATA PO Box 12-138, Penrose, EASTERN BAY OF PLENTY C/- 34 House Ave, C/- 7 Godwit Place, Lynfield SOUTH WAIKATO C/- 9 Marlborough Ave, Glenfield Auckland 1642 PO Box 2168, Kopeopeo Taumarunui 3920 Auckland 1042 PO Box 403 Tokoroa 3420 Auckland 0629 [email protected] Whakatane 3159 [email protected] [email protected] [email protected] [email protected] BANKS PENINSULA [email protected] MANAWATU OTAGO TARANAKI WANGANUI 27 Showgate Ave, Riccarton Park, FAR NORTH PO Box 385 PO Box 5352, Dunedin 9058 C/- 118A Carrington St, PO Box 726, Wanganui 4540 Christchurch 8042 237 Stanners Road, RD2 Kerikeri Palmerston North 4440 [email protected] New Plymouth 4310 [email protected] [email protected] 0295 [email protected] ROTORUA [email protected] WELLINGTON BAY OF PLENTY [email protected] MARLBOROUGH PO Box 2014, Rotorua 3040 TAUPO PO Box 38-418, Petone, PO Box 660, Tauranga 3140 GISBORNE PO Box 422, Blenheim 7240 [email protected] PO Box 907, Taupo 3351 Wellington 5045 [email protected] PO Box 307, Gisborne 4040 [email protected] SOUTH CANTERBURY [email protected] [email protected] CANTERBURY [email protected] NELSON PO Box 623, Timaru 7910 WAIKATO WELLSFORD/WARKWORTH PO Box 11-082, Sockburn GORE PO Box 3531, Richmond 7050 [email protected] PO Box 924, Hamilton 3240 PO Box 547, Warkworth 0941 Christchurch 8443 PO Box 329, Gore 9740 [email protected] SOUTHLAND [email protected] [email protected] [email protected] [email protected] NORTHLAND PO Box 1240, Invercargill 9840 WAIMATE WEST COAST CENTRAL OTAGO HAWKES BAY PO Box 17, Whangarei 0140 [email protected] 4 Harris St, Waimate 7924 C/- 92 Dommett Esp, C/- 4B Roto Place, Wanaka 9305 PO Box 3406, Napier 4142 [email protected] [email protected] Greymouth 7802, [email protected] [email protected] Please note this information changes annually - these details are valid [email protected] until October 2014. 2 Beaded Wheels bw327.indd 2 27/03/14 10:38 AM Beaded Wheels Publisher THE Vintage CAR CLUB OF NZ (INC.) The Historic Vehicle Authority of New Zealand ISSN 0113-7506 Vol LXIII No. 327 Editorial Committee Beaded Wheels Kevin Clarkson (Chairman), Judith Bain, Rosalie Brown, Bill Cockram, John Coomber, Issue 327 April/May 2014 Mark Dawber, Marilyn McKinlay. Material for Publication Reports of restorations, events, road tests, historical and technical articles etc should be forwarded to PO Box 13140, Christchurch 8141, typed or neatly printed, double space on one FEATURES side of paper only. Email of text and photos is acceptable, digital photographs should be high 12 The Mascot Story – Part II resolution eg 300dpi. No payment is made to contributors. The opinions or statements 16 3D printing to make unique castings expressed in letters or articles in Beaded Wheels are the author’s own views and do not necessarily 18 Restoring an Indian express the policy or views of The Vintage Car Club of NZ (Inc). 22 50th Anniversary of the 1965 Haast Rally Email [email protected] 24 1954 Morris Series Z Advertising Address Canterbury Branch’s Back Country run Classified and Display Advertising to: took in stunning scenery and challenged 26 Behind the Wheel of a 1909 Rover 12hp PO Box 13140, Christchurch 8141. Phone 64 3 332 3531, Fax 64 3 366 0273 cars and drivers, see page 34. Rate schedule available on request. 29 Pole Dancing Back Issues Available on request to PO Box 13140, 30 Rally Snippets Christchurch 8141. South Otago – Balclutha Rally Correspondence & Editorial Contributions Auckland – Auckland Veteran Rally Phone 64 3 332 3531, Fax 64 3 366 0273 Auckland – Exhibition Drive Centennial PO Box 13140, Christchurch 8141. Gisborne – Three Rivers Rally Subscriptions Beaded Wheels subscribers change of address to Otago – Dunedin BrightonRally PO Box 2546, Christchurch 8140. Canterbury – Back Country Run Phone 03 366 4461, Fax 03 366 0273 Annual subscription (6 issues) $39* inc GST 35 Gisborne VCC Commercial Rally Australian subscription (6 issues) NZ$70* Other countries (6 issues) NZ$100*. *Payment by credit card will incur additional bank fee processing charge of 3% Find out what Liam has won on page 56. COLUMNS Production Typesetting & design by RGBDesign 4 President’s Message Printed by Spectrum Print Ltd, Christchurch. Closing Date for June/July Issue 4 As We See It Editorial Copy 22 April 2014 Advertisements 10 May 2014 5 VCC Events The Vintage Car Club of New Zealand (Inc.) 6 National Office News National Office Phone 03 366 4461 Fax 03 366 0273 6 Vero International Festival of Historic Motoring 2016 Email [email protected] Postal Address 7 Mailbag PO Box 2546, Christchurch 8140, New Zealand. Address 9 Soapbox 12 Aberdeen St, Christchurch, New Zealand. Website 10 The Way We Were www.vcc.org.nz Beaded Wheels is the voice of The Vintage Car 11 Timelines Club of New Zealand (Inc.) and its 35 branches This 1931 Studebaker is looking for a covering the length and breadth of the country. new home, see page 40. 34 50 Year Awards The efforts of our members continue fostering and ever widening the interest in this segment 36 Brass Notes of our country’s history. It is to these people, who appreciate the fascination of age, the individuality and the functional elegance of vehicles from a 38 Two Wheels and Other Things bygone era, that this magazine is dedicated. Beaded Wheels – A very apt and well-known title 40 Marketplace however readers may wonder at the origin of the name. By way of explanation beaded edge wheels use beaded edge tyres that are kept in place by 48 Swap Meets & Rallies reinforced rubber beads, which fit into the rolled edges of the wheel rim. This style of wheel was a 50 Idle Torque distinctive feature of early motoring being used on early bicycles, many pre-1924 cars and most motorcycles until 1927. The VCCNZ adopted 62 Passing Lane the title Beaded Wheels for their quarterly club magazine in March 1955 which was the successor to the monthly Guff Sheet. Copyright Information The contents are copyright. Articles may be COVER reproduced complete or in part provided that Brian Rankine’s 1927 Chrysler 50 roadster which competed in the acknowledgement is made to “Beaded Wheels, the magazine of The Vintage Car Club of New first Ruahine Ramble and was the only vehicle to return for the 50th Zealand (Inc)” as the source. Beaded Wheels Ruahine Ramble. Photo Bruce Hutton QSM FPSNZ reserves the right to digitally store all published material for archival purposes. Beaded Wheels 3 bw327.indd 3 27/03/14 10:38 AM president’s message as we see it We have a great sense of sadness and amount paid the previous year. I want to We wish to acknowledge the recent loss as I report on the tragic accident thank members who have supported Vero, passing of Bob Entwhistle at age 90.
Recommended publications
  • Jaguar Land Rover Cover Letter
    Jaguar Land Rover Cover Letter Sometimes sunward Wakefield tempest her grindstone bucolically, but spangled Avram relet doggo or charges humorously. Ulysses is despotically pat after transpositional Lou prefaces his Mimas expectantly. Grazed and disenchanted Iggie defilades, but Oscar gaily trumps her tenderer. You considered for our uk intelligence agencies and jaguar land rover financial statements Summons returned to jaguar land rover cover letter is. Jaguar land rover financial controls and jaguar statements about the letter in cheylesmore, typically regardless of. Team of Jaguar Land Rover a successful turnaround and a prosperous future ahead. We really also piloting the scar of blockchain, a technology that church the potential to securely link every part shade our supply especially to store new digital network. Working forward to your jaguar land rover financial statements on. Desert use cookies from bmw, was then tells me throughout the jaguar drive value when we absorb different. See if there is the land financial services which would severely impact. This growth was mainly in pure domestic UK market and Europe. South Shore Jaguar Land Rover Serra Auto Group from Point IN ceiling for the successful launch of hip new american Shore Jaguar Land Rover store. Rest assured that jaguar rover is not only external grid mix would fit network! JAGUAR LAND ROVER AUTOMOTIVE PLC Tata Motors. Criteria and land rover v souĕasné době prodává vozidla pod znaĕkami jaguar. Hints tips and a last example of how we create it perfect covering letter. Expand our company my item to see what purposes they use data for to state make your choices.
    [Show full text]
  • Road & Track Magazine Records
    http://oac.cdlib.org/findaid/ark:/13030/c8j38wwz No online items Guide to the Road & Track Magazine Records M1919 David Krah, Beaudry Allen, Kendra Tsai, Gurudarshan Khalsa Department of Special Collections and University Archives 2015 ; revised 2017 Green Library 557 Escondido Mall Stanford 94305-6064 [email protected] URL: http://library.stanford.edu/spc Guide to the Road & Track M1919 1 Magazine Records M1919 Language of Material: English Contributing Institution: Department of Special Collections and University Archives Title: Road & Track Magazine records creator: Road & Track magazine Identifier/Call Number: M1919 Physical Description: 485 Linear Feet(1162 containers) Date (inclusive): circa 1920-2012 Language of Material: The materials are primarily in English with small amounts of material in German, French and Italian and other languages. Special Collections and University Archives materials are stored offsite and must be paged 36 hours in advance. Abstract: The records of Road & Track magazine consist primarily of subject files, arranged by make and model of vehicle, as well as material on performance and comparison testing and racing. Conditions Governing Use While Special Collections is the owner of the physical and digital items, permission to examine collection materials is not an authorization to publish. These materials are made available for use in research, teaching, and private study. Any transmission or reproduction beyond that allowed by fair use requires permission from the owners of rights, heir(s) or assigns. Preferred Citation [identification of item], Road & Track Magazine records (M1919). Dept. of Special Collections and University Archives, Stanford University Libraries, Stanford, Calif. Conditions Governing Access Open for research. Note that material must be requested at least 36 hours in advance of intended use.
    [Show full text]
  • Report on the Affairs of Phoenix Venture Holdings Limited, Mg Rover Group Limited and 33 Other Companies Volume I
    REPORT ON THE AFFAIRS OF PHOENIX VENTURE HOLDINGS LIMITED, MG ROVER GROUP LIMITED AND 33 OTHER COMPANIES VOLUME I Gervase MacGregor FCA Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Report on the affairs of Phoenix Venture Holdings Limited, MG Rover Group Limited and 33 other companies by Gervase MacGregor FCA and Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Volume I Published by TSO (The Stationery Office) and available from: Online www.tsoshop.co.uk Mail, Telephone, Fax & E-mail TSO PO Box 29, Norwich, NR3 1GN Telephone orders/General enquiries: 0870 600 5522 Fax orders: 0870 600 5533 E-mail: [email protected] Textphone 0870 240 3701 TSO@Blackwell and other Accredited Agents Customers can also order publications from: TSO Ireland 16 Arthur Street, Belfast BT1 4GD Tel 028 9023 8451 Fax 028 9023 5401 Published with the permission of the Department for Business Innovation and Skills on behalf of the Controller of Her Majesty’s Stationery Office. © Crown Copyright 2009 All rights reserved. Copyright in the typographical arrangement and design is vested in the Crown. Applications for reproduction should be made in writing to the Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey, TW9 4DU. First published 2009 ISBN 9780 115155239 Printed in the United Kingdom by the Stationery Office N6187351 C3 07/09 Contents Chapter Page VOLUME
    [Show full text]
  • History Lesson • Loving a P5b • Ioe ENGINE REBUILD • Bid & Bought • Demise of British Tools • Show Reports
    ROVER P5 CLUB M AG A Z I N E D e C e m b e r 2 0 1 8 Issue No:198 Take Five hisTory lesson • loving a p5b • ioe ENGINE REBUILD • biD & boUghT • Demise oF briTish Tools • show reporTs WHERE ARE rear spring HEADING nOrTh rOVER p4, BUT keeping a THEY nOW? hangers IN a rOVER nOT YOUr UsUaL prOmise LIA now er YOUr CLUB REGA sh - OrD hrisTmas rU anD BeaT The C see page 20 Six litres of Rover? page 14 page 23 In this issue of • hOLD THE PRESSES • AusTrian rover rally A life well lived - the Spencer Wilks story by • ‘EARThQUAKE’ Glenn Arlt & Smell the coffee by martin Robins. By eric Rice • a historY LessOn ake ive Part two by Glenn Arlt page 24 T F • GEOFF’s JOTTINGS page 4 page 16 by Geoff Arthur • SPN 20 heaDs nOrTh • rover’s shadow FactorY By George Parker WWII goes underground page 25 • spot The DifferenCe page 7 page 18 • repairing • pemBreY Car show repOrT rear hangers By eddie Halling By Alvin Jenkins page 19 page 8 • Letters to The eD’ • AGM REPOrT & aCCOUnTs page 20 • hiDDen gems • neW: regaLia shOp UpDaTe page 9 page 26 • Loving a p5B By Paul Bliss • rOVERS aT aUCTiOn By eddie Halling page 10 page 28 • BiD & boughT Part nine by Peter Van de Velde • a p4 but not as We know iT? By Ian Portsmore page 12 page 30 Where are TheY now? By eddie Halling • FOr saLe page 13 page 31 • • Demise page 21 meeTs & conTacts of BriTish • keeping mY prOmise..
    [Show full text]
  • Demand, Supply and the Diffusion of Car Ownership 4
    University of Warwick institutional repository: http://go.warwick.ac.uk/wrap A Thesis Submitted for the Degree of PhD at the University of Warwick http://go.warwick.ac.uk/wrap/36384 This thesis is made available online and is protected by original copyright. Please scroll down to view the document itself. Please refer to the repository record for this item for information to help you to cite it. Our policy information is available from the repository home page. i The Social and Cultural Impact of the Car in Interwar Britain Sean O'Connell Submitted for the degree of PhD in the Centre for Social History, University of Warwick. November 1995 This dissertation may be photocopied. ii Contents Title Page i Contents ii Tables and Illustrated Material v Acknowledgements viii Summary ix Key to Abbreviations x Introduction xi The Social History of the Car: Previous Work xii Technology and Consumption xix Sources and Methods xxiii Chapter One Motoring, The Motor Industry and 1 the Economic Historian Introduction 1 Demand, Supply and the Diffusion of Car Ownership 4 Conclusion 16 Chapter Two Who Owned Cars and How? 18 Introduction 18 'By Their Cars Ye Shall Know Them': Taste, Status and 20 the Emergence of Middle-Class Motoring 'An Old-fashioned but Powerful Prejudice': 29 Hire Purchase Reassessed The Social Background of Car Owners Reappraised 42 iii Conclusion 51 Chapter Three 'The Right Crowd and No Crowding': Uses of the Car - Its Utilitarian and Symbolic Value 55 Introduction 55 A Golden Age of Motoring or an Era 57 of Privileged Consumption?
    [Show full text]
  • CARS & PARTS for SALE March 2004 ADVERTISEMENT RATES
    CARS & PARTS FOR SALE March 2004 ADVERTISEMENT RATES: Members: £5 per car until sold (maximum six months) Non-Members: £10 per car until sold (maximum six months). PLEASE ADVISE ADVERTISING MANAGER WHEN SOLD! Adverts for parts and cars under £100 free for one issue. For more than one issue a resubmission of a free advert is required. DEADLINE FOR ADVERTS IS THE 10TH OF THE MONTH PRIOR TO PUBLICATION. PAYMENT PREFERABLY BY CHEQUE MADE OUT TO The Rover Sports Register Ltd. ALL ADVERTS ACCEPTED AT THE DISCRETION OF THE ADVERTISING MANAGER Send to: RSR Adverts, 18 Peterborough Drive, Lodge Moor, Sheffield, S10 4JB Please print adverts to avoid errors. The receipt of adverts will not be acknowledged. Adverts accepted in good faith. The RSR is not responsible for the accuracy of any statement made. Advert Helpline: If you cannot find the car you want advertised try ringing 0114 2227506 during the day (voice mail at times and evenings) for the latest information on cars for sale. PRE 1950 & VINTAGE ROVERS___________________________________ For Sale remanufactured bodywork plate for 12 Tourers £35. Surplus literature including parts lists. Handbooks 1914 to P6, some gas turbine literature. P2/P4 etc. Send for list. Tooltray inserts and scuttle vent seals available, as are gearbox covers in polyurethane. Control box covers for RF 91 and choke throttle and mixture cables to correct pre-war pattern. A plea for help! I need firm indications of interest before going ahead with the next gearbox cover – which do you want – P3 or 1934 to 36, 37 to 38 cars? I need to see some good samples of 1934-38 gearbox covers to be able to proceed if that’s the choice.
    [Show full text]
  • M1otor Notes for M1edical31en
    Th3V. 'o, 1920]l THE MOTOR SHOW. r BmxTxus 7 T LEDICA L Jouuu&g. J formerly- anaely, tle new scale of ta-ation. One nmay M1OTOR NOTES FOR M1EDICAL 31EN. take it, broadly, tllat a car beyond 20-h.p. Treasury rating By H. MASSAC BUIST. is not needed by the average doctor. Thle new tax is £1 per lhorse-power, tlhereforo a 20-h.p. Treasury rating car involves ain expenditure of £20 a year for tax alone. THEI SHOWS AT OLYMPIA AND WHITE CITY. Undcler this head it is interesting to Qbserve that no THERE is sucll an unprecedented variety of mnotor carriages country is offerincg better value for money in the 20-h.p. at the M1Iotor Show organized at Olymipia and tIme White class than (loes the Austin Company, which lhas been in City by the Society of Mot6r MIanufacturers and Traders, fuller production, pelhaps, than aiiy other firm in this under thle patronage of the King, tllat the mnedical man is country dutring the last twvelve molnths, and whose produlct in sore need of some guide to those features likely to is now well proved. In the interval sundlry new moodels appeal to hiim. Tlho display is, internationially, tlhe most are being initroduced for this market, as instance the representative organized in any part of the world. It 19.6-l.p. four-cylinder Crossley. Both these vehicles may be replaces the yearly slhow in Paris, wljicll was not lheld last taken as about the lim-it of the possible requirements of montl. It precedes the great American slhows.
    [Show full text]
  • Bentley Since 1965 Kindle
    BENTLEY SINCE 1965 PDF, EPUB, EBOOK James Taylor | 192 pages | 01 Oct 2012 | The Crowood Press Ltd | 9781847973719 | English | Ramsbury, United Kingdom Bentley Since 1965 PDF Book The Independent. Within ten years, Bentley was again able to deliver a standalone model in the shape of the astounding Continental R. British car industry — companies and marques. Barnato had incorporated Baromans Ltd in , which existed as his finance and investment vehicle. ISBN: , Published by TeNeus A luxurious journey into the powerful world of the Bentley brand An inspiration for anyone interested in automotive excellence Bentley is a brand that is We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Accept all Manage Cookies. Review Subject Required. Download as PDF Printable version. Volkswagen Group —. This model bears many similarities to the later Rolls-Royce Camargue , also designed by Pininfarina. Rover Company. Retrieved 18 March The Wall Street Journal. Essential We use cookies to provide our services , for example, to keep track of items stored in your shopping basket, prevent fraudulent activity, improve the security of our services, keep track of your specific preferences e. Silver Shadow -based. London: Beaverbrook Newspapers Ltd. Autostadt Ehra-Lessien Factories. Retrieved 23 July These, known as "the silent sports car," have been successfully marketed for almost twenty years now in various models. Daily Express Review of the Motor Show. Bentley in in Cricklewood, North London—and became widely known for winning the 24 Hours of Le Mans in , , , and Retrieved 10 August Vanden Plas. This arrangement ceased at the end of after around 1, cars, with all car production reverting to the Crewe plant.
    [Show full text]
  • Employment Security in the Aftermath of the Break-Up of Rover Group
    WARWICK BUSINESS SCHOOL WARWICK BUSINESS SCHOOL NO. 342 EMPLOYMENT SECURITY IN THE AFTERMATH OF THE BREAK-UP OF ROVER GROUP BY Joy Batchelor FEBRUARY 2001 This paper has been produced as part of the Warwick Papers in Industrial Relations series, which publishes the work of members of the Industrial Relations Research Unit and people, associated with it. The papers include material of topical interest and research papers that do not fit the conventions of journal articles. A formal editorial process ensures that standards of quality and objectivity are maintained. RESEARCH PAPERS at the cutting edge of theory and practice Employment Security in the Aftermath of the Break-up of Rover Group Joy Batchelor Operations Management Group, Warwick Business School Abstract The scale and the speed with which Rover Group was broken up by BMW in March 2000 was unprecedented in the context of British industrial relations. This working paper covers the last eighteen months of BMW’s ownership of Rover Group and details: the key phases leading to the break-up of the company; the subsequent collapse of the bid by Alchemy Partners; the emergence of the Phoenix consortium bid, and the role of the trade unions in securing the future of Longbridge. Six months after the immediate future of Longbridge was secured and the sale of Land Rover was completed, the consequences of BMW’s actions for employment and industrial relations can begin to be assessed. In all, the three surviving companies of the former Rover Group sought up to 2,500 voluntary redundancies by the end of 2000.
    [Show full text]
  • Agenda Item 5-B
    IESBA Meeting (April 2014) Agenda Item 5-B MG Rover Case—Background The following summarizes the pertinent facts in the final report of the independent tribunal that issued its ruling on the MG Rover case in the UK in September 2013.1 1. BMW sold MG Rover in May 2000 to a company called Techtronic for £10. As part of the deal, BMW provided Techtronic a £427m long-term interest-free loan and paid Techtronic £75m in consideration of providing warranties to MG Rover. 2. Techtronic ultimately became the parent company of MG Rover Group and was acquired by Phoenix Venture Holdings (PVH), a consortium formed by four businessmen (the “Phoenix Four”). 3. The Phoenix Four each owned and invested £60,000 in Techtronic. They made statements, at the time of the purchase, that their stewardship of MG Rover would be for the public good. 4. Although BMW did not charge interest on the £427m loan to Techtronic, MG Rover was charged interest on the loan, resulting in a dividend of £9.8m being declared payable to PVH. 5. The MG Rover Group entered administration on 8 April 2005 with estimated losses of nearly £1bn and about 6,500 staff redundancies. 6. Deloitte and (then) corporate finance partner Maghsoud Einollahi gave corporate finance advice to the “Phoenix Four.” Deloitte also served as MG Rover’s auditor. 7. The UK Financial Reporting Council’s (FRC’s) disciplinary arm alleged that Deloitte and Einollahi (the defendants) failed to adequately consider the public interest in their actions and to implement adequate safeguards to mitigate conflict of interest risks.
    [Show full text]
  • April/May 2021
    Founded 1967 Newsletter of the Traditional Car Club of Doncaster APRIL/MAY 2021 Print and Email special due to Covid 19 virus 1 Editorial They think it’s all over, sadly not. The light may well be shining down the tunnel now but we are still restricted for our own good and there have been a number of shows that are being cancelled still. Mainly be- cause the planning has to start now for events in a few months time. Rodger is keeping up with this and the events list is cur- rent up to 29th March, other changes will be reported via members only Facebook page, club website and the event themselves. It is still fairly unclear when things can get going again, depends on the sensibility or stupidity of our popula- tion and politicians. It is getting better, vaccination seems to be going very well so it does look like we will be able to start planning a bit soon. Fingers crossed. The cold and gloom of winter, although impressive in it’s own right, is giving way to spring. Things are warming up, even though some days are a bit dodgy, and the usual heralds of the new year are the early bulbs brightening up the gardens. Birds are in and out of my hedge nesting and arguing, seeds are popping up in the greenhouse and I have made a start on the cars. I plan to build up slowly after my partial hibernation so have been out and changed the rear brake shoes on the Herald.
    [Show full text]
  • Onthlyy 2017
    Volume 57 ORRIS Number 9 September MONTHLONTHLYY 2017 MAGAZINE OF THE MORRIS REGISTER The Club for Morris vehicles designed before 1940 www.morrisregister.co.uk Volume 57 ORRIS Number 9 September ONTHLY 2017 MAGAZINEM OF THE MORRIS REGISTER CONTENTS CHAIRMAN John Ford writes: fter last month's bumper edition perhaps this month 2/3 Chairman Awe will get back to normal! However, judging by the 3 Editor articles Rob has in hand and with the August National Rally items and pictures rolling in it may be even bigger! I must 4 Secretary's Spot say it was an excellent read as always! Bulletin Board This year's National Rally was certainly down on attendance (may be 5 Warm Welcome caused by the change in date) but certainly not on the quality of the vehicles on show. The MVA clubs certainly helped boost the attendance What's it Worth? which offset the lower turnout of the Register and helped a great deal. A 6/7 Forum Files lot of hard work goes in to organising an event like this and your support makes it all worthwhile. Next year we are back to our usual slot and I 8-13 Exactly Eighty hope to see more of you then. Ben Gadsby our rally organiser already 14/15 Pictures from the Past has plans for a different format so let us wait and see. Congratulations to all of you who won awards in the judging, and 16/17 Minors and the M8TC my special thanks to Brian Firth and Dennis Fisher for donating the 18-20 Minor Musings refurbishment of the club lorry.
    [Show full text]