Price rises today : Nov 8 2022

[klarie]

Wales, cough, Hambach...

Hm, yep that is one. - However.. where is the new Defender being built? In Nitra / Slowakia for what reason? - Perhaps taxes, EU common market, tolls and labour cost perhaps a few more reasons.

CEO must decide on the numbers - at the end Ineos Automotive must make money and bring the Grenadier to customers.

Building a brand new car factory from scratch getting the staff there
or using one that is there and all skills are available?
Supplychain etc.
So at the end there may be a reason to withdraw from a green field approach just because of patriotic reason that might bear extreme risk to the whole project that is already significantly delayed.

To me a bit of delay is not that bad - as long as the result - a vehicle that meets customer demands in all aspects but in particular capability, quality and long term durability. Seen it, touched it, driven it - and from that I conclude it will make all of this. Even if there are events that are beyond control of Ineos and Ineos must make decision. Perhaps in some cases its better to stay vague - "no final decision yet - perhaps" I know that - I have to discuss forward looking statements occasionally w/o bringing my employer or myself in a state of liability . So always discuss with lawyers first. The Wales option was most certainly no legal binding promise, neither maintaining prices for IG.

 

[DCPU]

Hey, I have no issue with the Hambach decision ~ it was illustrating the 180 degree about turn, no more.

The Wales option was most certainly no legal binding promise, neither maintaining prices for IG.

Not sure what you are meaning here, legally binding contracts were in place, ground had been broken and building works commenced. Ineos had to cancel these contracts and pay whatever they were contractually bound to pay. There was also talk of compensating the Welsh government for costs they had incurred in facilitating the costs.

That's just business and how it should be sometimes.

 

[PBD]

Wales, cough, Hambach...

You can thank that greedy Mark Drakford for that, reneged on the deal so I heard thinking he had Ineos over a barrel.

 

[klarie]

Hello DCPU, - I meant to customers - The background on this that there are already works were going on I did not know. I just read that Ineos were considering several locations. That is the information that was locally available in business news. - However we do not get the details here unless I research in local UK or Welsh information sources.
To full stop an investment and a project and reconsider an entirely different location, pay compensation .. etc.. there must be a serious number of issues come together. So I assume some financial accountants and risk specialists must have stick the heads together and did present something to Sir Ratcliffe that he had to made a decision. This wasn't done out of the blue..

 

[DCPU]

There's quite a lot of info out there if you like digging. Ineos, it seems, were offered a gift horse in Hambach ~ their accounts show just how much of an "exceptional administrative gain" it actually was.

HAMBACH PLANT IS ‘GRENADIER READY’ AS INEOS AUTOMOTIVE COMPLETES TRANSITION TO FULLY OPERATIONAL OEM

EMBARGOED UNTIL 00:01 GMT ON 16 FEBRUARY 2022HAMBACH PLANT IS ‘GRENADIER READY’ AS INEOS AUTOMOTIVE COMPLETES TRANSITION TO FULLY OPERATIONAL OEM The first production try-out Grenadiers are rolling off the line at INEOS Automotive’s state-of-the-art Hambach plant in preparation for launch series...

www.theineosforum.com

 

[DCPU]

You can thank that greedy Mark Drakford for that, reneged on the deal so I heard thinking he had Ineos over a barrel.

Can you provide any more details?

 

[Spjnr]

You can thank that greedy Mark Drakford for that, reneged on the deal so I heard thinking he had Ineos over a barrel.

Wouldn't surprise me

 

[CountyV8]

Can you provide any more details?

This was one of the reasons . Would you build a factory in a place you couldn't get to?


"The Welsh Government's decision on whether to back the largest pending infrastructure project in Wales - a new M4 route around Newport - has been announced.

First Minister Mark Drakeford has decided not to proceed and had declined to back the relief road.

In his decision letter, he said he and his cabinet have assessed the cost of the scheme and decided that the cost was “was not acceptable” and that environmental criticisms ruled it out."

 

[emax]

That was an expensive saving.

 

[cheswick]

Wales, cough, Hambach...

I think you can reasonably understand that. Get one of the worlds newest factories with all the latest equipment and trained staff for a song…or try and build a new factory with all new staff in the middle of a pandemic. The latter would be nuts if the first is available as an option.

 

[DCPU]

Yes, I absolutely can.

I have no issue with the Hambach decision, indeed I would go as far as to say that it would have been madness not to up stumps and move to France.

I think the M4 decision is a red herring ~ Tories spinning a story for political advantage.

 

[CountyV8]

That was an expensive saving.

He could have had a Grenadier factory.

Yes, I absolutely can.

I have no issue with the Hambach decision, indeed I would go as far as to say that it would have been madness not to up stumps and move to France.

I think the M4 decision is a red herring ~ Tories spinning a story for political advantage.

I think the Hambach site was a no brainer we would not be here today if Ineos had not gone with the ready made Mercedes factory.
M4 ext still not built?

 

[Krabby]

Not sure this is posted elsewhere but This Website has a price list for Germany with Belstaffs at E70,410 € 75,230 and the cheapest utility wagon at E61, 710 € 65,890.

One quick obs that was new to me is the extra cost for paint colors, + E612 for solids and E1,020 for metallics.

Edit - prices reflect updates courtesy of @rovie Thank you.

 

[rovie]

Not sure this is posted elsewhere but This Website has a price list for Germany with Belstaffs at E70,410 and the cheapest utility wagon at E61, 710.

One quick obs that was new to me is the extra cost for paint colors, + E612 for solids and E1,020 for metallics.

Currently, the starting price for Belstaffs is € 75,230 and for the Utility € 65,890.

 

[emax]

One quick obs that was new to me is the extra cost for paint colors, + E612 for solids and E1,020 for metallics.

In Germany that has been the case from the very beginning.

 

[Krabby]

I had no idea; I'm sure it will be the same in the US when the list comes out here.

 

[DCPU]

Have you not changed the country on the configurator and priced your own spec up in £ or € or whatever other currency you fancy?

 

[Krabby]

I tried both the UK and AUS price lists today and after I remove taxes and stuff they're in the same ballpark (I used XE.com for exchange rates). I'll have to play around with the Euro prices later and anticipate that come the spring US prices will be higher. I said this the other day, but if I can order what I want I'll be ok if, and only IF, I don't get hammered by BS "market adjustments" from then dealership. I refuse to play that game and I am disappointed that the practice is allowed here and that car companies have no control. Local dealer wanted me to pay $10k over list on a Raptor and they're looking for $15-$20 grand on Broncos. Scumbags.