09 May 2009

LDV in Plymouth

"These days its rare to see any new ones with anyone other than Royal Mail”

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Hundreds of jobs at LDV, the van maker owned by Oleg Deripaska, the Russian billionaire, appeared to have been saved when the Government agreed to provide a £5 million bridging loan. On Monday, Gaz, Mr Deripaska’s Russian automotive business, signed a deal to sell LDV to Weststar, the Malaysian vehicle importer and contract manufacturer, but Weststar needed the bridging loan while it set up a finance deal. It is believed that Westar has pledged to put £50 million into the business, which was trying to relaunch itself as a green vehicle maker with plans to boost production of a new electric van. The plan involves keeping production in Birmingham and doubling output in the medium term by exporting more vans to Malaysia. Times
It looks like LDV might just continue, when it was looking pretty bad for the company until this week. You can see the problem the company have been having. A few years back there were plenty of new LDV van on the streets of Plymouth. These days its rare to see any new ones with anyone other than Royal Mail. Plymouth City Council used to buy nothing else for its larger vans fleet:
Plymouth City Council X218BDV 048.052 Plymouth City Council WA51WLB Plymouth City Council X885CTA Plymouth City Council WJ02VCU 038.036 Plymouth City Council V179LFJ 087.024 Plymouth City Council X158CTA Plymouth City Council took plenty of the LDV Convoy and Pilot vans in all shapes and sizes but they have not taken any of the newer Maxus range. Apart from hire companies and Royal Mail I have not seen many out and about at all.
WP9 BX06NCA Royal Mail National Car and Van Rental BX56JUE

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