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Ineos forced to shut down production on supplier issue

Media starting to break that production of the IG is going to be paused until 2025 due to financial troubles at one of its suppliers.

The UK dealers were just told and mine told me today but I didn't post anything until I saw it starting to appear in the media. I cant see behind the paywall but I wonder if this is recaro?
 

Dual Grenny Guy

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I think it's just because he's a bit of a 🛎️🔚. Anattention-seeker. A narcissist. Look at his profile pic. His scarf. Some stuff he gets right. Some not. That'll happen when you share ABSOLUTELY EVERYTHING. He doesn't like the price. But he wants it to weigh less. Sure.
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Dual Grenny Guy

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Everyone needs to chill.
I promise I am chill as can be. Can’t answer for everyone else, but I have been posting a lot on this thread lately so wanted you/all to know if anyone reads my post and thinks I am angry or arguing with another member, I can assure you I am not. I may disagree with what someone says and post a rebuttal, but I’m usually done after that unless someone quotes me or ask a question of me after that. I don’t take ANYTHING on an anonymous forum personal. None of us, well guess I can’t really say that as I believe some of you know each other personally and meet up, but most of us don’t know each other. Nothing anyone says on here will affect my daily life. At the same time, this damn forum has got me hooked like a fricking crack fiend!! I just can’t stay away. I love reading about new products on the Grenadier, seeing pics from across the world on what people are doing with their Grenadier, etc etc…….Mr. Stu_Barnes I thank and despise you at the same time cause you have created something I have come to really enjoy but it’s starting to take up all my free time!! Heck, I am on here more than I am binging a new tv series or reading or whatever things a retired old man does!!🤷‍♂️🤦‍♂️😉🙃😎
 

holdmybeer

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Wow, I can't believe the negativity toward @AWo 's long posts (diarrhea? really?) or his personal attire ... c'mon, that's the stuff of teenagers.

The dude is an early insider to this whole Grenadier project and he chooses to spend time sharing extra long stories with facts and opinions with our little community. Damn, keep it coming. Bloody fantastic IMO.
 

bemax

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In general yes. You'll find the sales numbers from some key markets here, except Australia

They never reached the numbers requested from suppliers, not in 2023, not in 2024. 2023 not even 50% were reached, 2024 we'll see around 10.00 to 15.000 units worldwide. Come on, be serious, if the best running market the US (statement of Lynn Calder) saw a sale of 4956 units up to September, my assumption is feasable.On the other hand there are many expensive problems and in the beginning expensive measurements to mitigate them.

In short words....sold too less cars while asked for too much parts and beside other costs around 1.500 employees to feed (Recaro Automotive has around 250).

Saying Ineos saw the writings at the wall for Recaro and stops tĥeir own production, loosing a key part, while starting in an absolutely key market, (China) that is not feasable. If Ineos Automotive is such a clever, powerful and potent company money-wise, as often claimed here, they would have sat together with Recaro and talk together how to get that solved. Simply to keep things running and not to harm their cash flow and production. You do not just jump off and break your own leg. In the meanwhile they could have started looking for other seat supplier.

As I wrote here already about the history of Recaro they had not one customer, except Ineos, that fits their whole range with their seats. They had financial trouble the last two years (known to automotive people, media and visible via company reports) and their owners forced them to produce performance seats only. That kicked them our of the mass market and they more and more relied on the sale of spare parts.If VW and Audi rejected, that is bad, yes. But the volumes were low due to what I just wrote. It was clearly stated that they need an(other) Ineos. Another question arises here...if the writings were at the wall...and that was already the case years earlier, why has Ineos choosen them for such an important part? A clear management failure to go with that risk. Companys incl. Ineos do financial checks before they start with a new supplier already for less important parts and smaller volumes. What has happened here? Why was that overseen? And by looking at the car you find more cost driving wrong tactical management descisions, visible to everyone, you do not need to be an internal guy for that.

That all has nothing to do with how much you love your car and love to drive it, if it is good or bad. That is a step back driven by common sense without an emotional view on it. Because I do not own one but was involved in that project since May 2016 for about 4 or 5 years, I can have this kind of unemotional view.

Owning and driving a Grenadier does make you a car specialist, but you do not need that to know Ineos.

AWo
I totally agree to most of your points. But maybe Ineos sat together with Recaro but couldn’t find a solution anyway.
I am not deep enough in the automobile industry to know what background checks would have been normal for the this industry and whether Ineos did them all.
And if it is the way you point out I am neither the one who knows whether other car manufacturers don’t make this kind of mistakes at all.
You might be right with most of your critics but anyhow the management of Ineos now has to deal with the actual issues and can’t just change decisions from the past.
So what could these solution now be.
If they sat together with Recaro and didn’t find a solution, what could have been the deal breaker? Is it the quantity? Is it the lack of long term security for the purchase of seats for the next time (years)?
Maybe even the idea of buying the company wouldn’t work because it is not self-sustaining without orders from other manufacturers.
Maybe there’s a timetable within the „insolvency law/rules“ that keeps Ineos holding back at the moment.
Those information to me would be more interesting than the failure Ineos probably made in the past.
 
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Well, production stopped and my Dealer has all vehicles now at MSRP. Seems like there is already an uptick of sorts and, it does not have to be a hyper low production car in order to have price hike due to a stop in production.
I thought there was a recent post that was discussing discounts on inventory (on hand) in the 5k plus. (In the US)

Edit: Found a post but wasn’t the one I recalled but…

 
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They are now certainly a lot cheaper in Australia, I could go and by one second hand , dealer demo 20k cheaper than 6-12 months ago
They were all up around $120 now they average 100k and some at 90
Regardless of your thoughts and opinions the next year or so will be interesting
But hey what would a duel personality bot know, funny as how some think
 

Trialmaster

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Wow, I can't believe the negativity toward @AWo 's long posts (diarrhea? really?) or his personal attire ... c'mon, that's the stuff of teenagers.

The dude is an early insider to this whole Grenadier project and he chooses to spend time sharing extra long stories with facts and opinions with our little community. Damn, keep it coming. Bloody fantastic IMO.
I am not apologising with regard to my reference to the long posts. It would appear to me that some people like to use 5 words where 1 will do and I don't have the time for it (nothing personal meant as you intimate, just a fact).
 
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