2023 Ineos Grenadier to enter production this month after delays
Global parts supply shortages have been blamed by newcomer Ineos for a delay in production, but the company has confirmed its Grenadier off-roader will begin manufacturing this month.
Ben Zachariah
07:0012 October 2022
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The first batch of
2023 Ineos Grenadier four-wheel-drives will soon begin rolling down the production line in France, three months later than planned.
Ineos had initially expected to begin building customers’
Grenadiers in July 2022, but was forced to push the production start date to this month following parts delays.
An Ineos spokesperson in Australia told
Drive “further information around deliveries globally [will] follow shortly”.
“The fragile supply chains meant that some parts were missing,” an Ineos spokesperson overseas told German publication
Automobilwoche.
Parts shortages have been a
major headache for car manufacturers over the past two years, with a lack of semiconductor computer chips, pandemic-related shutdowns, shipping issues, and disruptions caused by the Russia-Ukraine conflict all contributing to disrupted supply chains.
Despite the challenges, a spokesperson for the British brand in Australia confirmed to
Drive the Grenadier was beginning production this month, as reported internationally.
“The company’s directors and senior management team have stayed informed of the supply conditions to understand the key concerns and [are] reviewing options to overcome potential delays,” the company wrote in its accounts report, according to
The Guardian newspaper.
Ineos Automotive reported pre-tax losses of €212 million ($AU327 million) for 2021, contributing to total losses of €506 million ($AU780 million) since the car company began operating in 2017 – with expectations it will begin reversing those losses once vehicles begin to be delivered to customers.
It's not all bad news, with Ineos Automotive founder Sir Jim Ratcliffe also experiencing record revenues in other areas of his multibillion-dollar business empire, UK newspaper
The Telegraph reports, with the company’s oil and gas interests bringing in an almost £500 million ($AU881 million) windfall in 2021 thanks to soaring energy prices in Europe.
