What happens if Ineos Grenadier shuts down for good

[MrRdstr]

INEOS Grenadier shuts down the entire project/production for good? 5 year 60K mile warranty gone, adios...CIAO!

I absolutely love my IG (3K miles in) but given the chatter about Recaro & the production halt, one has to wonder.

 

[DaveB]

INEOS Grenadier shuts down the entire project/production for good? 5 year 60K mile warranty gone, adios...CIAO!

I absolutely love my IG (3K miles in) but given the chatter about Recaro & the production halt, one has to wonder.

They are only having trouble getting seats so hardly think they would shut down for good.

Here in Australia they legally are required to setup to honour the warranty for all existing vehicles anyway so that isn't a worry.
No idea how US warranty laws operate but seems strange they would not need to honour warranties.

 

[MrRdstr]

They are only having trouble getting seats so hardly think they would shut down for good.

Here in Australia they legally are required to setup to honour the warranty for all existing vehicles anyway so that isn't a worry.
No idea how US warranty laws operate but seems strange they would not need to honour warranties.

Dave, I understand but looking back personally I would have hesitated to buy the IG if i realized production was halted.

Maybe the halt (let's piggy back the story with Recaro so the street does NOT panic) has to do with lackluster global sales?

I wish them the best & looking forward to keeping my IG for many happy years to come!

 

[DaveB]

Dave, I understand but looking back personally I would have hesitated to buy the IG if i realized production was halted.

Maybe the halt (let's piggy back the story with Recaro so the street does NOT panic) has to do with lackluster global sales?

I wish them the best & looking forward to keeping my IG for many happy years to come!

Hard to find figures on what their actual global sales have been but I would think they should have been about 40,000 by now.
Their target was 25,000 a year so that would be around 50,000 max.

 

[anand]

Maybe the halt (let's piggy back the story with Recaro so the street does NOT panic) has to do with lackluster global sales?

This has been beaten like a dead horse over the past two months... But while global sales are below expectation, US sales (the largest single market for Ineos at this time) are at or above expectation

If the plan was to not resume production in the coming months I doubt very much they'd be naming new heads of regions, opening into the largest car market in the world (China), opening into new countries (Mexico), and having a number of new US dealers chomping at the bit to open franchises.

The China angle is quite possibly the most solid statement on the future continuation plans of the brand, as they opened two dealers in China along with their announcement the same week the production pause began

 

[MrRdstr]

More importantly what happens in the states with the five year warranty in the worst case scenario?

 

[anand]

More importantly what happens in the states with the five year warranty in the worst case scenario?

Worst case meaning that Ineos Automotive goes out of business? Your warranty is useless, but at that point, there would also be no dealers to have warranty service performed at

 

[MrRdstr]

Worst case meaning that Ineos Automotive goes out of business? Your warranty is useless, but at that point, there would also be no dealers to have warranty service performed at

Doom & gloom! Wonder what happens with prices at that point

 

[ADVAW8S]

Here is a rumor, Ineos starts production in little less than 2 months

 

[NQ94]

Here is a rumor, Ineos starts production in little less than 2 months

With some retooling, process improvements, minor component changes and improvements to the car after two years of first customer testing and market feedback.

 

[Tazzieman]

Exclusive club comes to mind.