Club Cobra - What's up with Lubinskyand AC Cars?

Heard he decamped from Malta. I found this old story on a Maltese site, probably when they still thought he was going to bring jobs to Malta
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Luxury cars

Company chairman Alan Lubinsky discusses the business development of AC Cars, the British maker of 'one of the world's most muscular and mythical sports cars'. From the New York Times:

..As production unraveled in England, and finally ceased last year, Mr. Lubinsky began pursuing plans to move some of AC's operations to Malta, in the Mediterranean. The move, as well as the plans to come to Connecticut, follows two decades in which Mr. Lubinsky has led or been involved with dozens of corporate identities on at least three continents, from car leasing to magnesium research..

Mr. Lubinsky, 48, disputes some complaints, including those of Mr. Price, saying that he is trying to take over his company. "Everybody's entitled to be skeptical," he said, speaking in a phone interview from Malta on Friday. "It comes through jealousy. We have our plans and we're going to go on with our plan. There are many experts in this industry and not many of them have ever built a car."..

With AC Cars bound by a creditors agreement in England, Mr. Lubinsky shifted some of his operations to Malta. Mr. Lubinsky said on Friday that he had "18 or 19" employees there and that the company would be building one car a week by "the next couple of weeks." John Owen, AC Cars' chief engineer in Malta, said that the Malta factory employs 14 people and that he expected to begin producing one car a week "as soon as some of these parts come in; we'll be up and running by May." The Malta factory has produced a total of six cars, four of which have been exported, Mr. Owen said.

posted by Robert Micallef at 2/06/2006 12:07:00 AM
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