TVR to close factory with loss of 260 jobs

Made of fibreglass and initially powered by engines from large manufacturers like Ford and Rover, they were little more than kit cars in the early years.

But while other kit manufacturers went bust, TVR kept its fan base and developed its own muscular engines which it housed in stylish, aerodynamic chassis.

Their light weight and powerful V8 or straight-six motors make some TVRs as fast as top range Porsches and Ferraris, but for a far cheaper price.

They have also become increasingly popular with high profile owners like top flight footballers and film stars.

A TVR Tuscan Speed Six starred alongside John Travolta and Halle Berry in the Hollywood movie "Swordfish".