Tim_M
1447
All true, and thankfully avoided
Now comes the hard part. You've got a capital-intensive industry with years-long development cycles, extreme susceptibility to interest rates and business cycles, uncertain and non-standard global regulations - more so every day in the US - and huge legacy costs. Turning this ship around is going to be a mess. Adding so many conflicting corporate cultures and consolidating so many companies is going to catch up to them. This is a Frankenstein's monster that's been in merger mode almost since the global financial crisis, and now it has to live with itself.
Best,
Tim
It reminds me of....
albeit in a tangibly less potent manner, this timelessly hilarious spoof of Apple from a dozen or so years ago....
Gajuar ?
They lost the plot over a decade ago already. And now some crazy 'marketeers' decided to completely destroy it.
Let’s see…
What comes out today. But with both Tavares (CEO of Stellantis) and Ma (CFO of Nissan) having to vacate posts last weekend it looks like an exciting week 😉
And yet, GM stock is up 55% this year
Clearly, it's not a symptom of markets as a whole - at least not in the US. Leadership, vision, and product mix are usually the keys in this industry. Tavares and Stellantis got greedy and are paying for it. Best, Tim
GM is clearly on a run…
And have some more hopefully good surprises in store. What Tavares did is the classical GE / Jack Welch trick of pulling dividends forward and destroying terminal value. While in some circumstances this can make sense financially (practical destruction of...
You know a guy's gone overboard
When a bunch of fund managers, investment bankers, and institutional investors tell that guy he's too short-term and fast-cash oriented. Apparently, Tavares' whole plan for a near-term turnaround was closing factories, gutting product development, and the...
Another bone of contention…
Was that Tavares was keen on adding more brands and Elkan was adamantly against. Another acquisition would allow the roll- out of the same playbook elsewhere but leave the company with a neigh on unmanageable portfolio that would need addressing soon afte...
All true, and thankfully avoided
Now comes the hard part. You've got a capital-intensive industry with years-long development cycles, extreme susceptibility to interest rates and business cycles, uncertain and non-standard global regulations - more so every day in the US - and huge legac...
Yeah, but those are startups that sell next to no cars
I follow the auto industry pretty closely, and I couldn't tell you what "Arrival" is. Legacy OEMs and Tesla are doing a lot better. EV sales are up solidly this year in the US at least. Rolls-Royce's experience with the Spectre suggests there is a market ...
For startups certainly not…
They missed the boat somewhat in terms of timing and now there’s no free money anymore (interest) and an established competition. Lucid possibly builds the best cars but is in the same tough spot Tesla was until they managed to produce the Type 3 in volum...
I used to call it a house of cards…
My PhD supervisor had a saying for those kinds of situations, ‘If you tie together two foot sore people, you rarely get a high performance runner’ (admittedly sounded better in the original) 😉 They did manage quite a bit in the meantime and some parts of ...
And just like that, we've got an image of the new Jags
Assuming this is real, I like the direction - like an old upright 1950s Mark VII - but this will be polarizing. ...
That's true, and this is supposed to be a leak at best
But if the camouflaged car from the spy shots in any way resembles its camouflaged shape, the "big Jag" look of the 1950s and early 60s might still be on track for a comeback. Best, Tim
There are certainly elements of that…
Some more serious publications now issued the same images. At the same time I would be thoroughly impressed if the actual cars looks anything like that - the shapes look exceedingly difficult to manufacture unaltered. Still feels more like a design study ...
The key to manufacturing those shapes
... is to make them in composites. That's what Volvo/Polestar did with the Polestar 1. The minimum radius for shaping alloys is larger than for composites, which can be shaped with super-abrupt folds and creases. It also reduces mass by hundreds of kilos ...
The MSRP…
Should be drastically below a RR. Starting at GBP90k, with a median somewhere around 120k
That would be good
Unfortunately, that's a tough spot, too. AMG Benz and Porsche Panamera/Taycan competition in that range is fierce. Best, Tim
They are between a rock and a hard place…
There’s no easy answers wherever you look 🤷🏻♂️
I can tell you what people say when you drive a 20-foot long, 2-door coupe
“F-ing road hog bastard” and they were yelling that at my Imperial 40 years ago, before ecologically-sensitive people multiplied like bunnies. But the Jag windows will no doubt be tinted, dual-glazed for noise protection, and won’t roll down. The real pro...
As you say…
A concept - getting into serial production like that would at least be exceedingly expensive if at all possible. Now the reports were that it’s a 4 door (suicide rear doors?) but one doesn’t see it from the rendering.
Are you sure?
Honestly, I don't think it's going to be all that large compared to the full size trucks people drive as cars in this country. 224-244" pickups are common these days. This might not seem so large when it hits the streets. That said, here's the weirdo expl...
A bit whacko for me…
But my daughter absolutely loves the idea 😊 Maybe I am not the intended audience after all 😉
Another thing
We finally have a physical-ish photo of the thing with a person. Every other shot had me convinced this only exists as a render. I think it's kind of cool. Let's see the spec and price before jumping to any conclusions. And honestly, a nice dark green, bl...
Also watch the video in one of the other threads, from Harry Methcalfe
He’s real as well, and used to run evo magazine 😁