RE: No more cars from TVR, says Smolensky

RE: No more cars from TVR, says Smolensky

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Discussion

JonRB

74,880 posts

273 months

Wednesday 11th July 2012
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Caterhamfan said:
LuS1fer said:
Edited for accuracy and Edited to add.
Thanks very much smile
HTH

smile

Zod

35,295 posts

259 months

Wednesday 11th July 2012
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JonRB said:
300bhp/ton said:
So basically your point is, unless you are already successful don't even bother trying... rolleyes
No, his point is that the rich heritage of an established brand is a stepping stone you can stand on for success and that the job is harder without it. So you can put your rolley eyes away there.

Why else would VAG bother resurrecting the Bugatti brand, or Mercedes-Benz the Maybach brand?
Well, both of those lost their owners money. VW always planned it that way with Bugatti as an exercise in prestige. Mercedes, on the other hand, got Maybach utterly wrong and are now closing it down after poor sales and massive losses.

300bhp/ton

41,030 posts

191 months

Wednesday 11th July 2012
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JonRB said:
300bhp/ton said:
So basically your point is, unless you are already successful don't even bother trying... rolleyes
No, his point is that the rich heritage of an established brand is a stepping stone you can stand on for success and that the job is harder without it. So you can put your rolley eyes away there.

Why else would VAG bother resurrecting the Bugatti brand, or Mercedes-Benz the Maybach brand?
And in the absence of having that... are you suggesting don't bother, or that it might be viable?

V8 GRF

7,294 posts

211 months

Wednesday 11th July 2012
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Alfa numeric said:
Lee Noble is aiming for that market with Fenix, his new company. He's got previous in the market and is planning on starting small, so he's doing exactly what you say. He even showed his prototype to the mags in early 2010. Strangely I can't get on his website this morning.

I'm sure there is a market for that kind of car. Hell I'm in the market for that kind of car. Unfortunately it would appear that the market isn't big enough to sustain many companies- Morgan, Lotus and possibly Ginetta are the only ones to make a go of it. TVR, Jensen, Marcos and a host of others have proved how difficult it can be over the last 10 years. When you've got to develop the suspension, drivetrain, air conditioning, parking sensors and the million other things that 99% of the market requires it's difficult to survive on 1-2 cars per week.
Lee Noble's site has been dead for well over 18 months now. I understand he was struggling to get financed.

The frustrating thing here is that with the right business model and strategy it appears it is possible to build cars with modern chassis and suspension designs and sell them at around £75k and make a profit at relatively low volumes (20 - 50 cars per year)

However stories of companies like Artega going to the wall don't help but what's needed is an approach, as suggested, like TVRs old process but modernised that's geared up, or rather geared down to survive on low volumes rather than aiming high and incurring crippling costs that can't be contained when unrealistic sales figures can't be met.

That said in these days getting the finance in place for such a project is going to be almost impossible with risk averse investment funds and banks. Short of finding a car nut with some money to invest/risk or a lottery win it's not going to happen.


kazino

1,580 posts

219 months

Wednesday 11th July 2012
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Can't believe this, I hope someone can revive the brand if he decides to let it go. Surely there is customer demand for a British low volume sports car with history.

VladD

7,874 posts

266 months

Wednesday 11th July 2012
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Didn't have time to read all of the previous posts, but Caterham should fill the gap left by TVR. They're a successful manufacturer of low volume cars, so this is a natural market for them. Keep it simple and you're onto a winner. I saw under the bonnet of a Cerbera at the weekend, and the simplicity of the engine installation compared to the Discoverer that it was trying to jump start was staggering. The market for simple cars is small, but it's definitely out there.

richb77

887 posts

162 months

Wednesday 11th July 2012
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dtrump said:
I'd imagine that a Cerbera powered by a BMW twin-turbo V8 diesel and a GT350 powered by a 100kW electric motor would cost the earth.

But a Tuscan Mk2 with an old 400hp Corvette LS3 engine...between £100,000 and £200,000?....come on now, don't be silly.

Just sounds like he's made a bit of a starting effort but got bored and can't be arsed anymore
EXACTLY what i was thinking.

julianc

1,984 posts

260 months

Wednesday 11th July 2012
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What an absolute tosser. The brand is meaningless for anything other than sports cars, so why didn't he sell the brand earlier? Didn't everyone else years ago make the same conclusion he's just come to?

At least the brand may now be sold to someone who cares about it and may be able to do something positive with it......

f1ten

2,161 posts

154 months

Wednesday 11th July 2012
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Im guessing that Smolensky has lost millions on buying TVR nevertheless?!
Shame i was hoping to see these back on the road. Looks like we have to place our faith in Lotus coming up with the new cars they promised.
Dave Hedgehog said:
could easily cost 200k, if there expected turnover was moderately low, they have the cost of setting up the business, tooling up, training staff, getting systems into place, dealer network, advertising, actually making the thing etc

all of which would have to be payed for by the buyers

richb77

887 posts

162 months

Wednesday 11th July 2012
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Podie said:
zebedee said:
If customer demand was "too high" as the article says, surely it would make sense to start again...
It means quality demands, not volume.
Yeah as in they wanted the doors to shut, Not p*ss in water and for it to start without having to sacrifice a chicken!

julianc

1,984 posts

260 months

Wednesday 11th July 2012
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V8 GRF said:
I doubt it, I wouldn't think (hope) BMW would take him that seriously. It probably just proves he's a pathological liar and he thought he'd make it sound like he'd really being trying to bring the brand back by listing a few projects when in actual fact he's been doing nothing.
Damn, I've got to agree with you again, Dave!


wink

JonRB

74,880 posts

273 months

Wednesday 11th July 2012
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300bhp/ton said:
And in the absence of having that... are you suggesting don't bother, or that it might be viable?
I'm not suggesting anything. I'm merely stating the fact that an established brand can be a stepping stone / leg up / head start.

300bhp/ton

41,030 posts

191 months

Wednesday 11th July 2012
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JonRB said:
300bhp/ton said:
And in the absence of having that... are you suggesting don't bother, or that it might be viable?
I'm not suggesting anything. I'm merely stating the fact that an established brand can be a stepping stone / leg up / head start.
Of course it can, but I never said anything to contradict that. Only that I'm surprised no body is or has made an attempt to build TVR like cars to fill the void left when TVR went bust.

I've no idea on the sales figures, but even if you had 1 in 20 ex TVR customers that might be interested, then I'd have thought that lucrative enough to give it a go.

julianc

1,984 posts

260 months

Wednesday 11th July 2012
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SeenTheStrings said:
Some people are only alive because it's against the law to kill them.
Nikolay Smolensky is a prime example of this.
Nice one, really made me laugh out loud! thumbup

zebedee

4,589 posts

279 months

Wednesday 11th July 2012
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richb77 said:
Yeah as in they wanted the doors to shut, Not p*ss in water and for it to start without having to sacrifice a chicken!
says someone who owned a 1960s Land Rover! TVRs aren't that bad are they? I drove a Cerb, the doors shut (it was dry) and it started on the button and went like stink and sounded great. If it wasn't for the fact that running costs were likely to be far higher than the Elise I got instead I would probably have bought it (but would probably have had to sell it by now, whereas I've still got the Elise!)

Carfolio

1,124 posts

182 months

Wednesday 11th July 2012
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julianc said:
What an absolute tosser. The brand is meaningless for anything other than sports cars, so why didn't he sell the brand earlier? Didn't everyone else years ago make the same conclusion he's just come to?

At least the brand may now be sold to someone who cares about it and may be able to do something positive with it......
This. But he's wasted irreplaceable time. Precious time. fktard.

Zircon

305 posts

182 months

Wednesday 11th July 2012
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This has to be the oddest piece of business History for decades.

Even John DeLorean had a crack before falling on his face, this guy hasn't even tried. When I read that he was trying to sell TVR's again for hundreds of thousands I just shook my head. Ask any UK petrol headwhat the essence of TVR is and they will say roots - not technology which costs a fortune.

He just seems to have no business accumen whatsoever - no prior planning, no business model and no sense of product design.

otolith

56,531 posts

205 months

Wednesday 11th July 2012
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Ending up as a kind of windturbine is just adding insult to injury.

Economies of scale seem to be killing off these cars, but I can't believe that there is no demand for them anymore. I wonder if there is a market for a relatively lightweight vehicle architecture which can be produced in moderate volumes for sale to small sportscar companies, and to which they can then fit whatever outrageous engine and bodywork suits?

Alfa numeric

3,029 posts

180 months

Wednesday 11th July 2012
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300bhp/ton said:
snip...I'm surprised no body is or has made an attempt to build TVR like cars to fill the void left when TVR went bust.

I've no idea on the sales figures, but even if you had 1 in 20 ex TVR customers that might be interested, then I'd have thought that lucrative enough to give it a go.
I can think of two off the top of my head, both of which used famous names:

Jensen:


(For sale http://www.pistonheads.com/sales/3951937.htm )

...and Marcos



Unfortunately neither lasted long.

TheOrangePeril

778 posts

181 months

Wednesday 11th July 2012
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Let's kill him.

Oh sorry, did I say that out loud?