PRODUCTION IS BACK ON FOR INEOS AUTOMOTIVE

PRODUCTION IS BACK ON FOR INEOS AUTOMOTIVE

 

• Grenadiers and Quartermasters will restart production from early January 2025 after critical supply shortage resolved.
• “It’s great news that a solution has been found so quickly,” said Lynn Calder, CEO of INEOS Automotive. “Automotive supply chains are extremely complex but we were not willing to compromise on quality, so we are satisfied that we have found the best possible outcome.”
• Sales now live in 50 countries globally, having added major new markets including Mexico and China.

London, 20 November 2024: Having been forced to halt in September 2024 due to a critical component shortage, production of the INEOS Grenadier and Quartermaster will restart in early January 2025.



All partners have been informed and are ready to support resumption of operations at INEOS Automotive’s plant in Hambach.



“It’s great news that a solution has been found so quickly,” said Lynn Calder, CEO of INEOS Automotive. “Automotive supply chains are extremely complex but we were not willing to compromise on quality, so we are satisfied that we have found the best possible outcome.



“By this summer we had sold as many Grenadiers as we had for the whole of 2023, and are on track to have over 20,000 Grenadiers on the road before the end of this year. We now turn our attention to preparing Hambach to restart in early January and with significant growth in major new markets – including China and Mexico – and substantial expansion in the US, I believe 2025 is going to be our best year yet.”



“I'd like to give a huge thanks to our customers for their patience. We are happy to get back on track and look forward to handing them the keys to their Grenadiers asap.”

 

[Andrew Kilby]

Does anyone know what seats are being offered? Will they be interchangeable with older models? Good news for existing owners.

 

[LeeroyJ]

I wonder about the factory employees, did they get paid through-out this shutdown?

 

[CountyV8]

Recaro or no Recaro that is the question?????????????????

 

[Commodore]

I wonder about the factory employees, did they get paid through-out this shutdown?

It is France so I imagine that everyone got paid. Perhaps someone more familiar than me can comment on French labor laws but my understanding is that they are extremely employee friendly.

 

[Commodore]

Recaro or no Recaro that is the question?????????????????

In another tread someone said that Ineos purchased the tooling for the seats but not the Recaro name. That would suggest that they will get the same seat minus the embossed branding.

 

[landmannnn]

I wonder about the factory employees, did they get paid through-out this shutdown?

Yes, the state picks up a percentage of their wages.

 

[CountyV8]

In another tread someone said that Ineos purchased the tooling for the seats but not the Recaro name. That would suggest that they will get the same seat minus the embossed branding.

You can licence the name

 

[CrazyOldMan]

I wonder about the factory employees, did they get paid through-out this shutdown?

Yes - I’ve dealt with this in France and Germany - for France the number is 60-70% (can’t remember exactly).

 

[bigleonski]

I’ve always thought this was a major logistical planning stuff up, and as far as I recall there had been early rumblings that should have been acted on.
I wonder who will get the punt in the fullness of time at Ineos?
The comment about doing well in finding a solution “so quickly” also sounds dodgy - corporate exec arse covering for the original fopar.

That said, awesome news they are back on track.

 

[Bruce B]

I’ve always thought this was a major logistical planning stuff up, and as far as I recall there had been early rumblings that should have been acted on.
I wonder who will get the punt in the fullness of time at Ineos?
The comment about doing well in finding a solution “so quickly” also sounds dodgy - corporate exec arse covering for the original fopar.

That said, awesome news they are back on track.

Funny, my dealer told me that Ineos had always planned to halt production and that the Recaro situation simply moved the date up a bit.
They have vehicles in stock to sell yet so no foul, no harm done.
I am as always amazed at the number of doom and gloom posts with people pontificating about what Ineos has and has not done that will surely drive the company under. Sounds to me like they simply rolled with the situation and came up with an answer that worked.
Now, let’s get my Grenadier built please!

 

[DaveB]

In another tread someone said that Ineos purchased the tooling for the seats but not the Recaro name. That would suggest that they will get the same seat minus the embossed branding.

That was me and it is correct as I was told. $80 Million euro investment

 

[DaveB]

You can licence the name

My understanding is they are not going to use the name as Recaro is in Financial difficulties so why link to them.
Recaro Automotive seats is now US owned and outside the US/Americas that is not really a sales pitch you want.

 

[bigleonski]

Funny, my dealer told me that Ineos had always planned to halt production and that the Recaro situation simply moved the date up a bit.
They have vehicles in stock to sell yet so no foul, no harm done.
I am as always amazed at the number of doom and gloom posts with people pontificating about what Ineos has and has not done that will surely drive the company under. Sounds to me like they simply rolled with the situation and came up with an answer that worked.
Now, let’s get my Grenadier built please!

Funny, I didn’t see my post as a negative one so much as a comment about someone stuffing up internally and a view that it could/should have been addressed earlier - poor management - can happen in any business. No doubt they’ve learned from this.
And I see the comment by the dealer that they were always going to have a breather so early in their development as a much more negative one - was that because they had surplus stock or for another reason.

 

[AWo]

That was me and it is correct as I was told. $80 Million euro investment

$80 million is more than the tooling....

AWo

 

[DaveB]

$80 million is more than the tooling....

AWo

Yes, unless they were seriously stupid.
I would be surprised if it was more than $10 Million, but just a guess.
If they are going to manufacture for themselves onsite, as I was told, they will need a building, facilities, machines for the tooling and skilled labourers.
Building seats is a different skill to fitting them into the vehicle.
They may have also had to pay a license fee for a number of years or buy it outright so they could use the designs.

Or the $80 million may have been converted from Euro to Australian dollars by the person I was talking to, which would make it 50 Million Euro

 

[Tazzieman]

They could do a Belstaff seat. Leather , waxed cotton, nice little metal tag.

 

[Tx246]

They could do a Belstaff sear. Leather , waxed cotton, nice little metal tag.

That we be super cool as it would match our jackets.

 

[wolftimj]

Since you brought it up. Hey, John! 9 months and counting, still waiting for my jacket!

At least I got my stupid fuel level check engine light fixed by the firmware update yesterday. Thankfully that freaking annoying ass ADAS incessant chirp is still there else I might forget I’m driving around in my badass Grenadier.

 

[Bruce B]

Funny, I didn’t see my post as a negative one so much as a comment about someone stuffing up internally and a view that it could/should have been addressed earlier - poor management - can happen in any business. No doubt they’ve learned from this.
And I see the comment by the dealer that they were always going to have a breather so early in their development as a much more negative one - was that because they had surplus stock or for another reason.

Not sure what to say to this except that it reiterates my original comment…