2020-08-18 18:56
Automotive
Alex Lowe

Mountune, best known for tuning Fords is now looking for a buyer

Mountune, best known for tuning Fords is now looking for a buyer

Mountune who is best known for making tuned Fords has been having some financial issues lately, last month the founder David Mountain left the company and held the position of technical director at the company and Andrew Williams has taken over as director.

However in the 2017 financial year, the company reported a loss of £107,429 and no new reports have been published since and now an accounting company KPMG has been drafted in to find a investor to “recapitalise the business and to unlock management’s growth aspirations.”

Mountune has long offered tuned up versions of the Fiesta ST models over the years and the latest Mk8 Fiesta has been fettled by Mountune to produce 232bhp.

It may be the case that Ford just ends up purchasing Mountune, but we’ll have to wait and see.

Alex Lowe

Mountune, best known for tuning Fords is now looking for a buyer

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

Honda introduces brand new Civic Type R with less aggressive look than lest gen
New Honda Civic Type R is most likely the last pure combustion hot hatchback from the company and makes the 25th anniversary of the performance hatch
Now confirmed, Ford is dropping the Fiesta in 2023
After 47 years, Ford will stop making the Fiesta
As of 2024, VW will only sell EVs in Norway
Volkswagen is going to only sell EVs in Norway from 2024, ahead of regulations
Vauxhall drops the price of all its EVs in the UK
Vauxhall has dropped the price of all of its EVs to bring it inline with new tax changes