pvb
Well-Known Member
A good example is Morgan the car company or Caterham. Pretty unautomated production lines, vehicles that relatively speaking are not massively costly compared with the volume manufacuteres, a long list of people waiting delivery, and relatively profitable businesses.
Neither of those companies is a beacon of business success. Morgan was bailed out by us, the taxpayers, to the tune of £6 million, shortly before they sold out to the Italians.