LDV being sold off by Russian owners Gaz
“We are still shutdown at present. The order banks are building and we have had some good recent news in terms of orders but the markets are so depressed.
“The UK market is 50 per cent down which is way beyond anybody’s forecasts.”
LDV has declined to comment on speculation that the Washwood Heath van maker is the firm identified by Unite leader Tony Woodley as the UK factory on the verge of collapse, with a threat of 6,000 job losses.
The company employs up to 700 production workers, has a dealer network employing a further 1,200 and supports more than 5,000 supply chain jobs.
On the MBO plans, LDV said talks over the project were at an advanced stage with prototypes of low-carbon vans being trialled with a number of companies and strong prospects of support from the European Investment Bank.
LDV said it was talking to the UK Government about securing bridging support to complete the project.
Mr Eberhardson said: “LDV can be a symbol of the low-carbon, green manufacturing future that the Government says it wants Britain to lead.
“We are almost ready to go, but we need the Government to do its bit. I am confident they understand the potential to secure this exciting green technology in Britain, and the need to move very quickly.”
