I guess time will tell. From Hemmings email newsletter:
Austin and Healey, together again
Nanjing Automobile Corporation, which acquired the assets of MG Rover in
2005 and recently began production of the MG TF roadster at the Longbridge
plant in Birmingham, England, this week announced that it has made a deal
that will result in the revival of the Healey and Austin-Healey marques.
Nanjing, which owns the rights to Austin, has formed a partnership with HFI,
which last year bought Healey Automobile Consultants, founded by Donald
Healey in 1946. HFI had attracted much attention when it announced plans for
modern-day versions of the Austin-Healey 3000 and Austin-Healey Sprite.
In a statement, Nanjing said that the deal with HFI resolves questions about
the ownership of the brands and associated trademarks, and makes possible a
joint venture by the companies. The Healey name last appeared on the Jensen
Healey, which was produced from 1972-1976. Production of Austin-Healeys
ended in 1970.
Nanjing last year said that it was considering introducing a line of sedans
under the Austin name, which was one of the assets it acquired when it
bought MG Rover.
- By David LaChance
1975 TR6 CF38503U
Running w/ Throttle Body Injection
Checked by AVG.
Version: 7.5.472 / Virus Database: 269.8.15/848 - Release Date: 6/13/2007