Morgan Motor Company
Morgan Motor Company Limited is a British motor car manufacturer majority-owned by European investment group InvestIndustrial. Morgan was founded in 1910 by Henry Frederick Stanley Morgan. The company is based in Malvern Link, an area of Malvern, and employs approximately 220 people. As of September 2025, the company manufactures 630 cars per year.
Morgan cars are unusual in that wood has been used in their construction for a century, and is still used in the 21st century for framing the body shell. An Experience Centre and museum have exhibits about the company's history from Edwardian times until the present day, developments in automobile technology, and a display of its most prominent historical models. There are also guided tours of the factory, an on-site dealership and restaurant
Company history
H.F.S. Morgan quit the Great Western Railway in 1904 and co-founded a motor sales and servicing garage in Malvern Link. In 1909 he designed and built a car for his own use. Previously he developed the first independent front suspension in the engineering shop of Malvern College. He began production a year later and the company prospered. Production of three-wheelers approached 1000 by World War I and quickly resumed with both racing and touring models. Morgan's first four-wheeler came in 1935 with three-wheelers phased out in 1952. Morgan continued to run it until he died at age 77 in 1959.In 1990, the company was subject of a critique by Sir John Harvey-Jones for his television programme Troubleshooter. Harvey-Jones recommended modernising production and clearing the order backlog. The company rejected the advice, arguing that traditional techniques were part of the appeal of the company, and that a waiting list helped the company deal with recessions and preserved their exclusivity. Sales increased as a result of the programme and the company prospered. Sir John said he was very pleased to have been proven wrong in Morgan's case.
Peter Morgan, son of HFS, ran the company until a few years before his death in 2003. He was replaced as chairman by Alan Garnett, a non-family director, from 2003 to 2006. After Garnett's resignation, a four-man management team was established.
This team was made up of Charles Morgan, Matthew Parkin, Tim Whitworth and Steve Morris, and in 2010, after Parkin's resignation, Charles Morgan was named managing director. In 2010, the MMC became dormant and all assets were sold to a new company called Morgan Technologies for an unpaid 15 million and which took over all the former assets of the Morgan Motor Company, Aero Racing, the Morgan M3W Company and all other companies bearing the Morgan name. This cured the negative equity that had occurred over the Charles Morgan tenure.
In January, 2013, Morgan was removed as managing director, replaced by Morris, but continued as strategy director until October 2013 when he was removed both as an employee and member of the board of directors.
At the end of 2013, the shareholders appointed Andrew Duncan, a local solicitor and very close friend of the late Peter Morgan, as chairman. In 2016, he resigned as chairman and company director and was replaced as chairman by a new director, Dominic Riley.
In January 2016, the company was once again UK government funded by a £6 million grant by the British Government after a series of visits from UK politicians and Royals. In August 2018, the name of Morgan Technologies, was allowed to change its name back to The Morgan Motor Company while the original company, founded by HFS Morgan in 1957, had its name changed to a numbered company and accordingly registered at UK Companies House.
For most of its history, the company was owned by the Morgan family. A press release dated 5 March 2019 announced the acquisition of a majority stake in Morgan Motor Company Ltd by the Italian investment group InvestIndustrial. Though it was announced that as a part of InvestIndustrial's investment, management and staff were rewarded with shares in the company, this appears nowhere in the information registered at Companies House. And though it was also announced that the Morgan family retained a minority shareholding and would continue to be involved in the company this does not appear on any statement filed with Companies House.
In October 2024, it was announced that Matthew Hole would assume the position of managing director, taking over from former CEO, Massimo Fumarola. Matthew's previous position in the company was as chief technology officer, having joined the company in 2021.
In February 2025, the company appointed Stephen Armstrong as its non-executive Chairman, replacing the great-grandson of HFS Morgan, Lawrence Price.
Early cars: three-wheelers and 4/4s
The early cars were two-seat or four-seat three-wheelers, and are therefore considered to be cyclecars. Three-wheeled vehicles avoided the British tax on cars by being classified as motorcycles. Competition from small cars like the Austin 7 and the original Morris Minor, with comparable economy and price and better comfort, made cyclecars less attractive.V-Twin three-wheelers (1911–1939)
H.F.S. Morgan's first car design was a single-seat three-wheeled runabout, which was fabricated for his personal use in 1908, with help from William Stephenson-Peach, the father of friends, and the engineering master at Malvern College. Powered by a Peugeot twin-cylinder engine, the car had a backbone chassis, an idea retained for all following Morgan three-wheelers, and used as little material and labour as Morgan could manage. A single-seat three-wheeler with coil-spring independent front suspension, unusual at the time, the driveshaft ran through the backbone tube to a two-speed transmission, and chain drive to each of the rear wheels. The steering was by tiller, and it had band brakes. It also had no body.With financial help from his father and his wife, the car went into production at premises in Pickersleigh Road, Malvern Link. Three single-seater cars were exhibited at the 1910 Motor Show at Olympia in London. In spite of great interest being shown, only a few orders were taken, and Morgan decided a two-seater was needed to meet market demand. This was built in 1911, adding a bonnet, windscreen, wheel steering, and crank starting; it was displayed at the 1911 Motor Cycle Show. An agency was taken up by the Harrods department store in London, with a selling price of £65. The Morgan became the only car ever to appear in a shop window at Harrods.
Interest in his runabout led him to patent his design and begin production. While he initially showed single-seat and two-seat versions of his runabout at the 1911 Olympia Motor Exhibition, he was convinced at the exhibition that there would be greater demand for a two-seat model. The Morgan Motor Company was registered as a private limited company only in 1912 with H.F.S. Morgan as managing director and his father, who had invested in his son's business, as its first chairman.
In 1912, Morgan set out to win the trophy offered by The Light Car & Cyclecar for greatest distance covered in an hour, at Brooklands. The single-seater covered, only to be narrowly beaten by a GWK; Morgan returned later the same year, reaching nearly.
Morgan established its reputation via competition such as winning the 1913 Cyclecar Grand Prix at Amiens in France, driven by W. G. McMinnies, with an average speed of for the distance. This became the basis for the 'Grand Prix' model of 1913 to 1926, from which evolved the 'Aero', and 'Sports' models. Morgan himself won the "very tough" ACU Six Days' Trial in 1913, in the sidecar class. The same year, the company entered the MCC reliability trial, which it continued to do until 1975.
Racing success led to demand the company proved unable to meet.
These models used air-cooled or liquid-cooled variations of motorcycle engines. The engine was placed ahead of the axis of the front wheels in a chassis made of steel tubes brazed into cast lugs.
After the First World War, the company introduced an easily changed rear wheel, which customers had been seeking for several years. The 1921 Popular, powered by an JAP and bodied in poplar, sold for £150. It was a sales success, the price dropping to £128, and the name changing to Standard, by 1923, when a Blackburne engine was also available. The Grand Prix was priced £155, and the Family was £148 with air-cooled engine, or £158 with water-cooled engine. The Anzani-powered Aero was also available, for £148. MAG engines were also optional.
Morgan's racing efforts suffered a blow in 1924, when E. B. Ware's JAP-engined car rolled at the JCC at Brooklands; Ware was seriously hurt, leading to a ban on three-wheelers competing as cars.
Electric headlamps were made available in 1924, at an £8 cost. The Popular, powered by a engine, sold for £110, the Aero for £148, and the one-seater £160.
Like motorcycles, Morgans had hand throttles, Bowden-wire control mechanisms, and drip lubrication.
Racing Morgans included Harold Beart's Blackburne-engined special, with 3.33:1 top gear and a streamlined body, which covered in a one-hour trial at Brooklands, with a peak speed of over.
In 1925, the Standard's price had dropped to £95, and the Aero £130, compared to £149 for an Austin Chummy. Electric lighting by dynamo became standard that year.
Front-wheel brakes and electric start became available in 1927, while the Standard's price fell to £89, complete with a double-thickness windscreen and "electric hooter". By year's end, the Standard was even cheaper, £85, while the new Super Sports debuted, with an overhead valve JAP 10/40 water-cooled vee-twin, priced £155. The 10/40 engine was also available in the Aero, at £132, while a more sedate air-cooled JAP-powered Aero went for £119. The Family was priced at £102 or £112. These new, lower prices persisted through 1928. They would be lower still in 1929: the Standard and Family at £87 10s, the Aero £110, and the Super Sports £145. In 1933, the Family was priced at only £80.
Morgan's racing programme in 1927 earned the marque eleven gold medals and three silvers from fourteen entrants at MCC's London-Edinburgh Trials alone. The team was joined by Clive Lones and C. T. Jay, who won the 1929 Cyclecar Grand Prix at Brooklands, driving a Morgan-JAP, with an average speed of. And in 1930, Gwenda Stewart turned in a speed of in a race-tuned Super Sports.
Morgan three-wheelers benefitted from an annual tax of just £4, half the tax on the Austin 7, provided they remained under 8 cwt.
Morgans were also licence-built in France by Darmont.
By 1930, however, inexpensive four-wheeled cars were proliferating, led by the £100 Ford Popular. Morgan, and partner George Goodall, countered by putting the and Ford engine in their own cars.
Morgan's last vee-twins were powered by Matchless engines displacing ; they were delivered to Australia after the Second World War.
The vee-twin models were not returned to production after World War II.
The Morgan Three Wheeler Club was formed in 1945.