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

BMW shuts down Mini plant in Cowley, Oxfordshire – for one month
Due to theongoing coronavirus pandemic, Mini - like other car companies have had to close it factory
Cheaper BYD Dolphin trim levels launch, prices now from £26,195
New cheaper trim levels for the rather impressive BYD Dolphin make it cheaper than the MG4 and Vauxhall Corsa
Toyota bZ Apple Maps EV Routing
Toyota EVs in the US now support Apple Maps EV Routing
Toyota EVs in the US now support Apple's smart EV route planning feature
Tesla Model Y in Morocco
Tesla launches its first sales and service location in Africa
Tesla has opened a new sales and service location in Morocco, its first in Africa