Jaguar Land-rover

So back on topic, why would JLR expect free money from the tax payer? Surely any bail out would be in exchange for equity ?

On the subject of Jags, I'd be tempted to look at an ipace EV400, they are rather cheap now.
 
It was already govt-owned once before, as a part of the British Leyland mess.

If it made sense as an investment then presumably private backers would be queueing up to pump money in, to make tons of future profit.

JLR were doing OK once. Jag made some nice looking cars in the 00s, once they stopped making inspector morse and tarted up mondeos and just made nice cars that people wanted such as the XE and F-Type. I agree the i-Pace looks lovely too, at least when it's not on fire. Now they've committed commercial suicide with the pink cartoon car and drag act advert. They could now make the best car in the world and most would be too embarassed to drive it.

Land Rovers have been woefully unreliable for at least a decade. Instead of doing the sensible thing of actually fixing things they instead designed about a dozen slightly differently shaped rectangular boxes on wheels, to the point where nobody could possibly understand the model range. They could have instead stuck with a sensible number of car shapes and put their efforts into actually fixing things, and recovered their image.

Or perhaps they're deliberately making crap cars, so owners have to spend more on parts and labour to fix them. Makes short-term profits, but ensures that these customers don't buy another.
 
I suspect the hack or whatever is the final nail in a coffin that they've been building for quite some time. They may even be happy to now have an excuse for their failure.
 
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It was already govt-owned once before, as a part of the British Leyland mess.

If it made sense as an investment then presumably private backers would be queueing up to pump money in, to make tons of future profit.

JLR were doing OK once. Jag made some nice looking cars in the 00s, once they stopped making inspector morse and tarted up mondeos and just made nice cars that people wanted such as the XE and F-Type. I agree the i-Pace looks lovely too, at least when it's not on fire. Now they've committed commercial suicide with the pink cartoon car and drag act advert. They could now make the best car in the world and most would be too embarassed to drive it.

Land Rovers have been woefully unreliable for at least a decade. Instead of doing the sensible thing of actually fixing things they instead designed about a dozen slightly differently shaped rectangular boxes on wheels, to the point where nobody could possibly understand the model range. They could have instead stuck with a sensible number of car shapes and put their efforts into actually fixing things, and recovered their image.

Or perhaps they're deliberately making crap cars, so owners have to spend more on parts and labour to fix them. Makes short-term profits, but ensures that these customers don't buy another.
They don’t cost a lot to fix and service you said in your last post. Make your mind up.
 
So back on topic, why would JLR expect free money from the tax payer? Surely any bail out would be in exchange for equity ?

On the subject of Jags, I'd be tempted to look at an ipace EV400, they are rather cheap now.
Private business shouldn't be propped up by the taxpayer.

I don't recall them sharing any profits to the taxpayer.


And jaguar models are cheap for a reason, not something I'd rush to buy. Lease maybe, but that's not my thing.
 
Private business shouldn't be propped up by the taxpayer.
agree - not without equity - e.g. RBS etc.
I don't recall them sharing any profits to the taxpayer.
you'd have to look at their filings, I suspect they pay some corporation taxes. they might use an IP vehicle to drive it to India.
And jaguar models are cheap for a reason, not something I'd rush to buy. Lease maybe, but that's not my thing.
£80k car for £12k, it only has to last a couple of years. The IPace has a good reputation.
 
agree - not without equity - e.g. RBS etc.
I think the taxpayer got short changed on that deal
you'd have to look at their filings, I suspect they pay some corporation taxes.
That's not sharing anything, that is paying their dues, same as every other business, big or small
they might use an IP vehicle to drive it to India.

£80k car for £12k, it only has to last a couple of years. The IPace has a good reputation.
Hmm, does it? ok. But yes, it's cheap if it's 12K. Not sure that's a true figure though
 
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