Plucky Reliant Motors, famous maker of "Delboys" motor,have announced through their bankers that they are bidding for the once mighty GM.
Reliant, purchased from the receiver as recently as last wednesday by enterprising couple Brian and Winifrid Ankers are delighted with the turnaround achieved so far with the company. Boasted Winny (62) "Last week we sold a wiper blade and several sidelights, turnover trebled to over £17.50!"
Spannerman Brian, a youthful 69, added "We will soon be restarting production of the famous three wheeled Robin model, the BBC have already ordered one for a new series of "Fools and Horses" and Tom Cruise enquired about one for his mistress.
Questioned about the viability of bidding for the huge multinational General Motors the couple had no reservations about the bid.
As Brian explained,"we met a bloke down the pub yesterday called DeLorean, nice guy, apart from being a yank, and came up with a plan".
A three-wheeler H1 Hummer prototype has alredy been lashed together in Brian's garage and is expected to make its international debut at next weeks Tamworth carnival.
Although coy about strategy, it became apparent that the GM turnaround would involve converting all models to a three wheeler configuration, thus instantly cutting the production cost by 25%.
GM is currently valued at $US273.00. The couple are being advised by HSBC,and Goldman Sachs, they have already secured backing from several high profile Hedge funds,a couple of shrubs and Brian's Aunt Mimi.
Sources close to GM's Detroit HQ were tight-lipped, but did not deny that "talks" were at an advanced stage.
Shares in GM soared on the rumour, valuing the company at close to $US302.50
