New TVR still under wraps!

New TVR still under wraps!

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Zippee

13,504 posts

236 months

Thursday 12th July 2018
quotequote all
ger man said:
This video I didn't know until.

https://youtu.be/P6QrgnY9GpY
I'm still so surprised that given how long the demo/show car has been out theres no official video of it actually moving at more than about 10mph.
All you deposit holders really do have the patience of a saint.

essexstu

Original Poster:

519 posts

120 months

Thursday 12th July 2018
quotequote all
I gave TVR a chase on progress and they came back (within 24 hrs!) to say an new update will be "issued shortly" and the questionnaire to deposit holders is being revised to be more engaging and quicker to complete.

PuffsBack

2,431 posts

227 months

Thursday 12th July 2018
quotequote all
phillpot said:
I know that voice, that's the lady from my Sat Nav wink

Edited by phillpot on Thursday 12th July 15:00
How old is your Sat Nav!!

AUTODESIGN

89 posts

168 months

Thursday 12th July 2018
quotequote all
I went to the Festival of Speed today and was looking at the Lotus 430GT. I explained that i was a frustrated TVR deposit holder. The sales guy just laughed and said ' do you know how many cars we sold last year and how many do TVR need to sell the break even?' He then went on to say Lotus (now backed by the owners of Volvo) sold 1600 cars and TVR's break even number is 1500. He laughed and just said 'you work it out?!' .

I think we are all now kidding ourselves here and the silence from the company is more than telling! Optimistically, a few might make it to production but the company will never survive. Interesting no appearance from TVR at FOS ! A very local event , yet they can take the car all the way to Le Mans!

i really wanted this to work but , i have now heard too much and asking for a refund ! maybe a 12c for £90k !

Testarossa

1,050 posts

223 months

Friday 13th July 2018
quotequote all
Why are we expecting TVR to break even in the first year of production?

I would say if they are not selling 1500 cars a year by say 2022, then it should be a worry.

The LE (hopefully) is a loss leader for them - the cash flow and profitability will come from the £50-60k cars they will sell (plus servicing/parts etc.)

I'm not defending TVR, not sure how many times I can state I HATE the front end - but the feasibility is there - if the initial build is still sold out it augurs well BUT the proof will be in the production model - like I've been droning on about for what feels like years - the griff has to be exceptional because it ain't no oil painting (unless you are talking Picasso).

If it doesn't walk the walk - the brand dies along with the company.



spagbogdog

764 posts

262 months

Friday 13th July 2018
quotequote all
Work what out...??????

Work this out ...
Evora 430 is same price as a Mclaren 540C which is in a different century. Half as much again in price compared to the TVR.
Mclaren residuals make the Lotus what it is...parts-bin rollerskate bone~shaker from the past...


V8 GMS

727 posts

217 months

Friday 13th July 2018
quotequote all
V8 GMS said:
bullittmcqueen said:
Just seen this:

...

WHERE CAN THE CAR BE SEEN NEXT?
The following appearances are currently scheduled (but as ever, without sounding all 'e + oe' please check back before travelling as the car is in huge demand and some plans are subject to change accordingly)

June 7th / 8th - London City Concours
June 15th - 17th - Le Mans 24h - supporting the official Rebellion Racing entry and leading the drivers parade on Friday 15th.
July 20th - 22nd - Silverstone Classic Event (On Track)
August 4th / 5th - Supercar weekend with TVR Car Club at Beaulieu Motor Museum
Further appearances will be added as confirmed, so please keep checking back!

...

From: https://www.tvr.co.uk/noise/post/noise/2018/05/04/...
(probably old news, but haven't seen it before)
Cheers - I still haven't seen it so this info is useful for me. Silverstone or Beaulieu for me driving
I'm confirmed for the Silverstone classic weekend. Excited to finally see it with my own eyes (and on the track)! biggrin

DonkeyApple

56,375 posts

171 months

Friday 13th July 2018
quotequote all
AUTODESIGN said:
I went to the Festival of Speed today and was looking at the Lotus 430GT. I explained that i was a frustrated TVR deposit holder. The sales guy just laughed and said ' do you know how many cars we sold last year and how many do TVR need to sell the break even?' He then went on to say Lotus (now backed by the owners of Volvo) sold 1600 cars and TVR's break even number is 1500. He laughed and just said 'you work it out?!' .

I think we are all now kidding ourselves here and the silence from the company is more than telling! Optimistically, a few might make it to production but the company will never survive. Interesting no appearance from TVR at FOS ! A very local event , yet they can take the car all the way to Le Mans!

i really wanted this to work but , i have now heard too much and asking for a refund ! maybe a 12c for £90k !
A few basic observations:

Lotus sell 1600 cars a year but the vast majority of those are their bottom end models which they make no profit on. Only a couple of hundred are their halo model. 100% of TVR sales will be of halo models. There is no bottom end fluff.

Lotus has an enormous factory and huge labour costs of an entity set up to build ten times the cars that it currently does. That’s an enormous amount of comical over spend to amortise across 1600 units a year. TVR will have a small factory that utilises just the space and labour that they need for the cars that they sell.

Those two factors alone mean that TVR profit margins per unit will absolutely dwarf those of Lotus once the business gets established.

Then there is the fact that one of these companies builds an all new and exciting sports car with a gritty V8 fettled by Cosworth packed into a chassis designed by Gordon Murray while the other builds a dumpy little wagon powered by an engine taken from Gary’s executive minicab, wedged on top of an old chassis and sold to pension actuaries who’ll spend every waking second telling you how great Colin Chapman was and why it’s better than a Porsche or Maclaren. No Clive. It isn’t. So why don’t you take your four eyes, silly beard, warm beer and adenoidal clattering and fk off back to the tool box with all the other spanners.

The Lotus salesman may have been laughing but that’s probably because he’s too dim to have worked out that if TVR succeed in coming to market his future lies in selling Chinese SUVs with a Lotus badge lopsidedly glued to the front. wink

Edited by DonkeyApple on Friday 13th July 11:27

fatbutt

2,718 posts

266 months

Friday 13th July 2018
quotequote all
Unless you know a companies overheads comparing one companies profit point with another's is an exercise is futility. Lotus almost certainly have lots of legacy costs that drives their profitability whereas TVR are effectively a new company. I'm not saying whether 1500 is viable or not but don't compare apples with oranges. Unless its in a trifle.

Mmmm. Trifle.

Monkeylegend

26,684 posts

233 months

Friday 13th July 2018
quotequote all
Not forgetting that Lotus also have an engineering/consultancy income stream in addition to the car manufacturing side which I would imagine is quite profitable.


barchetta_boy

2,218 posts

234 months

Friday 13th July 2018
quotequote all
I'm new to the TVR brand; is a sneering disregard for other companies mandatory?

Lotus make some fabulous cars and long may they continue to do so. If you could buy a modern mclaren with a manual gearbox it would drive like an Exige

Digger

14,799 posts

193 months

Friday 13th July 2018
quotequote all
Donkey does enjoy the clatter of his own keyboard sometimes.

wink

DonkeyApple

56,375 posts

171 months

Friday 13th July 2018
quotequote all
Digger said:
Donkey does enjoy the clatter of his own keyboard sometimes.

wink
wink. True. Just don’t think a Lotus salesman has anything to be laughing at and he’ll almost certainly be selling something else in 18 months time and bad mouthing Lotus to do so. biggrin

rev-erend

21,446 posts

286 months

Friday 13th July 2018
quotequote all
DonkeyApple said:
AUTODESIGN said:
I went to the Festival of Speed today and was looking at the Lotus 430GT. I explained that i was a frustrated TVR deposit holder. The sales guy just laughed and said ' do you know how many cars we sold last year and how many do TVR need to sell the break even?' He then went on to say Lotus (now backed by the owners of Volvo) sold 1600 cars and TVR's break even number is 1500. He laughed and just said 'you work it out?!' .

I think we are all now kidding ourselves here and the silence from the company is more than telling! Optimistically, a few might make it to production but the company will never survive. Interesting no appearance from TVR at FOS ! A very local event , yet they can take the car all the way to Le Mans!

i really wanted this to work but , i have now heard too much and asking for a refund ! maybe a 12c for £90k !
A few basic observations:

Lotus sell 1600 cars a year but the vast majority of those are their bottom end models which they make no profit on. Only a couple of hundred are their halo model. 100% of TVR sales will be of halo models. There is no bottom end fluff.

Lotus has an enormous factory and huge labour costs of an entity set up to build ten times the cars that it currently does. That’s an enormous amount of comical over spend to amortise across 1600 units a year. TVR will have a small factory that utilises just the space and labour that they need for the cars that they sell.

Those two factors alone mean that TVR profit margins per unit will absolutely dwarf those of Lotus once the business gets established.

Then there is the fact that one of these companies builds an all new and exciting sports car with a gritty V8 fettled by Cosworth packed into a chassis designed by Gordon Murray while the other builds a dumpy little wagon powered by an engine taken from Gary’s executive minicab, wedged on top of an old chassis and sold to pension actuaries who’ll spend every waking second telling you how great Colin Chapman was and why it’s better than a Porsche or Maclaren. No Clive. It isn’t. So why don’t you take your four eyes, silly beard, warm beer and adenoidal clattering and fk off back to the tool box with all the other spanners.

The Lotus salesman may have been laughing but that’s probably because he’s too dim to have worked out that if TVR succeed in coming to market his future lies in selling Chinese SUVs with a Lotus badge lopsidedly glued to the front. wink

Edited by DonkeyApple on Friday 13th July 11:27
Fantastic post .. hehe

swisstoni

17,348 posts

281 months

Friday 13th July 2018
quotequote all
barchetta_boy said:
I'm new to the TVR brand; is a sneering disregard for other companies mandatory?
No it isn't.
In general they are discerning car enthusiasts who could quite easily go the obvious routes we all know, but want something a bit different.

Testarossa

1,050 posts

223 months

Friday 13th July 2018
quotequote all
barchetta_boy said:
I'm new to the TVR brand; is a sneering disregard for other companies mandatory?

Lotus make some fabulous cars and long may they continue to do so. If you could buy a modern mclaren with a manual gearbox it would drive like an Exige
I think it was more a defensive move.

I think lotus' are great (although the newer ones have lost that race car look I liked (exige/elise s1/s2)

Modern mclaren with a manual gearbox sounds like the griff smile


blueg33

36,527 posts

226 months

Friday 13th July 2018
quotequote all
Pretty sure the actual cost of a 540c is more than the Evora 430GT.

I moved to Lotus from a Tuscan, having seen the new Griff in the flesh I am not tempted yet.

madaboutastons

965 posts

139 months

Friday 13th July 2018
quotequote all
essexstu said:
I gave TVR a chase on progress and they came back (within 24 hrs!) to say an new update will be "issued shortly" and the questionnaire to deposit holders is being revised to be more engaging and quicker to complete.
Dumb question: I am a deposit holder but have had no questionnaire. Did I miss something?

PS I agree with the other sentiment here and will likely get my deposit back soon. Don't love the styling and the wait / lack of comms is just taking my enthusiasm down bit-by-bit every day.

FlipFlopGriff

7,144 posts

249 months

Friday 13th July 2018
quotequote all
Anyone know what time the Griff will be on track at Silverstone so I can plan my beer/food stops. Be good to hear it for more than a few seconds and at crawling pace.
FFG

V8 GMS

727 posts

217 months

Friday 13th July 2018
quotequote all
FlipFlopGriff said:
Anyone know what time the Griff will be on track at Silverstone so I can plan my beer/food stops. Be good to hear it for more than a few seconds and at crawling pace.
FFG
I don't but I'd like to know the answer too.
I hope it's also viewable/accessible somewhere in the paddock (I'm assuming they'll have a stand).

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