RE: 250 orders for new TVR

[ORD]

Blown2CV said:

ORD said:

It stikes me as Cloud Cuckoo Land to be talking about cars being delivered in 2017! They haven't even finished the designs let alone having prototypes up and running.

you know that designing how a car will look is just one stream in the development process right? It's not like everyone else is waiting for the black bespectacled turtle neck crew to finish twiddling with sketch books and clay mock-ups before they can start.

We know that they are not even there to twiddle their thumbs, because funding isn't in place.

[Blown2CV]

ORD said:

Blown2CV said:

ORD said:

It stikes me as Cloud Cuckoo Land to be talking about cars being delivered in 2017! They haven't even finished the designs let alone having prototypes up and running.

you know that designing how a car will look is just one stream in the development process right? It's not like everyone else is waiting for the black bespectacled turtle neck crew to finish twiddling with sketch books and clay mock-ups before they can start.

We know that they are not even there to twiddle their thumbs, because funding isn't in place.

they must be at least part-funded otherwise who is paying for GM's team?

[GetCarter]

Blown2CV said:

ORD said:

Blown2CV said:

ORD said:

It stikes me as Cloud Cuckoo Land to be talking about cars being delivered in 2017! They haven't even finished the designs let alone having prototypes up and running.

you know that designing how a car will look is just one stream in the development process right? It's not like everyone else is waiting for the black bespectacled turtle neck crew to finish twiddling with sketch books and clay mock-ups before they can start.

We know that they are not even there to twiddle their thumbs, because funding isn't in place.

they must be at least part-funded otherwise who is paying for GM's team?

As I understand it, each phase is funded... a bit like a new self house build. Once a critical point is reached and approved, further funding is available. GM Design is one of the few companies in the world that gets paid in advance. (Clever move methinks!).

[Blown2CV]

well based on projects i get involved in, most investors who fund a particular (typically earlier) project phase would want to understand that the overall project is 'locked down' as much as it can be. I wouldn't want to drop £50M seed funding on the first phase if they had no idea of a plan or had not even begun to discuss funding of later phases. Would seem a massive risk. I feel they will have to have had an idea of the end-to-end aswell as just next phase.

[Ozzie Osmond]

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

[Europa1]

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

[TREMAiNE]

This all sounds so exciting.

I really, truly hope it doesn't amount to nothing!

[DonkeyApple]

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

[HarryW]

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

[Blown2CV]

HarryW said:

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

oh ffs, sorry for offending all your grass roots salt of the earth blue collar sensibilities. You know exactly what i meant - anyone part-funding TVR would want to know as much as possible about the plan for the other phases of development, not just the one i was funding, as i only get a payback when they start making a success of the selling cars bit, not just the drawing pictures bit. How's that or would you prefer it in a sequence of single syllable grunts?

[anonymous-user]

GetCarter said:

Had dinner with Gordon Murray last week. He has 33 people from GM Design working on the TVR

So unless he's charging out his minions at about 13 pence an hr, there's already a million pound bill coming TVRs way! £70k for the finished product? er no............

[Blown2CV]

anonymous said:

[redacted]

[GetCarter]

Max_Torque said:

GetCarter said:

Had dinner with Gordon Murray last week. He has 33 people from GM Design working on the TVR

So unless he's charging out his minions at about 13 pence an hr, there's already a million pound bill coming TVRs way! £70k for the finished product? er no............

As mentioned. Already paid. GM Designs charge up front.

[HarryW]

Blown2CV said:

HarryW said:

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

oh ffs, sorry for offending all your grass roots salt of the earth blue collar sensibilities. You know exactly what i meant - anyone part-funding TVR would want to know as much as possible about the plan for the other phases of development, not just the one i was funding, as i only get a payback when they start making a success of the selling cars bit, not just the drawing pictures bit. How's that or would you prefer it in a sequence of single syllable grunts?

Only pulling your chain tbf.......

[andy43]

Blown2CV said:

Is she doing the body design then?
4th time lucky...

[dvs_dave]

Blown2CV said:

HarryW said:

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

oh ffs, sorry for offending all your grass roots salt of the earth blue collar sensibilities. You know exactly what i meant - anyone part-funding TVR would want to know as much as possible about the plan for the other phases of development, not just the one i was funding, as i only get a payback when they start making a success of the selling cars bit, not just the drawing pictures bit. How's that or would you prefer it in a sequence of single syllable grunts?

Well it's clear that the project team has been aggressively right-sized, is focused on value engineering, and the leadership has been driving from a grass-roots level a lean-burn holistic approach to ensure the delivery of a repeatable, scalable, and metrics driven solution.

[Digger]

dvs_dave said:

Blown2CV said:

HarryW said:

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

oh ffs, sorry for offending all your grass roots salt of the earth blue collar sensibilities. You know exactly what i meant - anyone part-funding TVR would want to know as much as possible about the plan for the other phases of development, not just the one i was funding, as i only get a payback when they start making a success of the selling cars bit, not just the drawing pictures bit. How's that or would you prefer it in a sequence of single syllable grunts?

Well it's clear that the project team has been aggressively right-sized, is focused on value engineering, and the leadership has been driving from a grass-roots level a lean-burn holistic approach to ensure the delivery of a repeatable, scalable, and metrics driven solution.

So what I'm guessing from that is, that they've finally purchased their in-house coffee machine?

[Europa1]

Digger said:

dvs_dave said:

Blown2CV said:

HarryW said:

DonkeyApple said:

Europa1 said:

Ozzie Osmond said:

Blown2CV said:

overall project is 'locked down'

drop £50M seed funding

an idea of the end-to-end

And that's a score of 3,000,000 on Business Bullst Bingo!!

Points lost for not doing a deep dive on the numbers...

That sounds more like YouPorn.com Bingo!!

Hopefully they've suitably front loaded the Project to drive out the issues and dealt with the low hanging fruit already......

oh ffs, sorry for offending all your grass roots salt of the earth blue collar sensibilities. You know exactly what i meant - anyone part-funding TVR would want to know as much as possible about the plan for the other phases of development, not just the one i was funding, as i only get a payback when they start making a success of the selling cars bit, not just the drawing pictures bit. How's that or would you prefer it in a sequence of single syllable grunts?

Well it's clear that the project team has been aggressively right-sized, is focused on value engineering, and the leadership has been driving from a grass-roots level a lean-burn holistic approach to ensure the delivery of a repeatable, scalable, and metrics driven solution.

So what I'm guessing from that is, that they've finally purchased their in-house coffee machine?

Yes, but only after a blue sky ideas jam at which the CEO invited everyone to take a scuba in his think tank.

[giger]

Whilst I can't wait to see what they come up with, and I might be interested in a production car in the future, I can't help but think look how far Zenos got without having to resort to such tactics. They went from concept to production in circa 18 months, raised money themselves, and then only asked potential customers to put their money where their mouth is after they had had chance to drive the prototype on track and on the road. After that they offered a full money back guarantee if you were not happy with the final production vehicle. That is impressive.

[RoverP6B]

I remember when Zenos first popped up on the scene and I said something along the lines of "here we go, another bunch of dreamers who think they know better than Lotus etc, it'll never get to market and they'll go bust in five minutes", but they proved me and the rest of the doubters wrong with a convincing product backed by a solid business plan. Maybe TVR will also surprise me, but I'm fearful that, with no clear design, no production facility and the engineering being done by a firm that hasn't built a road car before (T25 nonsense aside), led by an engineer who's done one road car in his entire career, 20-odd years ago, it's in the realms of cloud cuckoo land. What's the profit margin (if any!) on production going to look like? With a multimillion pound development bill, that's going to take quite a while to pay off.