{"id":933,"date":"2009-06-18T15:48:04","date_gmt":"2009-06-18T15:48:04","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=933"},"modified":"2009-06-18T15:48:16","modified_gmt":"2009-06-18T15:48:16","slug":"ldv-bust-but-not-forgotten-by-buyers","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/933","title":{"rendered":"LDV &#8211; Bust, But Not Forgotten By Buyers"},"content":{"rendered":"<p>LDV duly went into administration recently &#8211; <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/916\" target=\"_self\">following the withdrawal of Malaysian suitors Weststar from a proposed rescue deal<\/a>.<\/p>\n<p>However, that isn&#8217;t likely to be the end of the story. No one wants to pay more than they have to when buying a company and by waiting until LDV went into administration, potential buyers such as Weststar stand to get a much better deal than they would have done previously.<\/p>\n<p>The risk in holding out for the best possible deal, however, is that someone else might beat you to it. In Weststar&#8217;s case, the other possible party is Connaught &#8211; a company that produces <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/345\" target=\"_self\">a pioneering aftermarket hybrid conversion kit for vans<\/a>. The system has been <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/480\" target=\"_self\">tested by the RAC<\/a> and is said to produce fuel savings of around 20%.<\/p>\n<p>Connaught&#8217;s interest in LDV seems bold but the synergies are obvious &#8211; it could sell factory-converted hybrid vans at virtually no cost over the standard vehicle. This would be a unique offering in the mainstream van market at present.<\/p>\n<p>In addition, LDV had reportedly already developed an electric version of the Maxus, providing Connaught with a good basis for developing an all-electric van to compete with existing offerings from the likes of <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/548\" target=\"_self\">Modec<\/a> and <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/151\" target=\"_self\">Smith Electric Vehicles<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Birmingham-based van maker LDV is now in administration but potential buyers are circling, waiting for the best possible deal to materialise.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[693,249,257,468,211,691],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/933"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=933"}],"version-history":[{"count":0,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/933\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}