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Post by dixinormus on May 10, 2019 22:14:48 GMT
A tabloid is reporting that JLR lost a billion dollars a MONTH in the Oct-Dec 2018 quarter! Sales in China down nearly 50%, but even so how on earth can you lose that much money in such a space of time?!
Sales must be almost zero? Warranty/repair charges through the roof? Overpaid & underworked staff? Huge inventories of unused components? Some serious mismanagement presumably.
Can’t blame dieselgate; that’s been playing out for well over 2 years now.
PSA lurking in the wings ready to swoop allegedly..!
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Post by lygonos on May 11, 2019 12:13:10 GMT
Likely to be a very big write down on asset value I expect.
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Post by Deleted on May 11, 2019 22:35:43 GMT
For large cars you need diesel engines to be vaguely economical. Therefore you need to design decent engines for a premium brand. JLR have poor engines especially in transverse engine models.
Interesting that mercedes are happy to use Renault engines in smaller cars. Presumably they are happy with the quality? Eventually, basic car production techniques mean that all cars are 'reliable' as it is just as cheap to produce a reliable electronic connector as an unrealiable one. So to be premium you have to offer something 'better' - longer lasting, better ride/handling combination, smarter interior with excellent seats.
From what I have seen JLR fail on so many of these points. And the new Peugeot interiors are very smart. I keep looking inside 3008s and thinking that I want to be in there. I don't do that a BMW or Audi or even in a Merc.
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Post by dixinormus on May 11, 2019 23:14:22 GMT
You essentially echo my comments about premium brands in another thread currently running E3.
And I am starting to find the interiors of Toyota, Kia, or Mazda cars are of very good quality these days, so why pay more?
Back to JLR, I presume that they still turn out predominantly diesel models even though the world has moved on. Then again large 4wds are thirsty beasts when petrol-powered...
I think that smaller, lighter cars are the future for most of us.
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