There's turmoil at tiny Morgan, the family-owned British maker of retro roadsters. Charles Morgan, grandson of company founder Henry Morgan, has been dismissed.
Promising more details later, the company's board of directors said in a statement: "Morgan Technologies is now in a position to announce that Charles Morgan is no longer part of the management team or board of directors of the company."
Morgan, 62, was replaced as managing director in March but had remained on the board and had been serving as the company's strategy director, focusing on building the Morgan brand globally.
Morgan told Automotive News Europe that he will appeal the decision. And he has been applying pressure by retweeting comments critical of Morgan's board. One said, "I didn't need to use my mathematics degree to figure out that Morgan minus Morgan equals not Morgan."
The company, which has 12 U.S. dealers, recently opened its first store in China. Morgan will produce 1,150 cars this year, up from 1,122 last year. All Morgans are built by hand, as they have been since 1910.