RE: INEOS confirms Grenadier for reveal in 2020
Discussion
It does seem a little odd to be choosing an i6 in today’s world where a turbo’d 4 pot probably has more than enough power for an offroad SUV with a low ratio option. Being lighter and smaller and cheaper would seem to be advantages also.
Maybe the idea is that the i6 gives the right amount of usable power without needing the complexity, expense and eventual cost of a turbo?
Maybe the idea is that the i6 gives the right amount of usable power without needing the complexity, expense and eventual cost of a turbo?
themule said:
Nostalgia - "a wistful or excessively sentimental yearning for return to or of some past period or irrecoverable condition".
Lots of money to made from it and Jim Ratcliffe is certainly cashing in.
Unfortunately the rest of us won't as he has recently become legally domiciled in Monaco to avoid paying the £4bn in tax that would have helped fund our NHS, education and road systems.
Sorry, but £4Bn in tax? Lots of money to made from it and Jim Ratcliffe is certainly cashing in.
Unfortunately the rest of us won't as he has recently become legally domiciled in Monaco to avoid paying the £4bn in tax that would have helped fund our NHS, education and road systems.
Based on what level of income?
fblm said:
600m committed though makes this a very different proposition to most sniffpetrol type launches.
Depends whether that is actually 600m of investment funding or 599m 'worth' of consultation provided by another arm of the business and 1m in actual investment cash 
Jeez do I get more cynical with age.scot_aln said:
Depends whether that is actually 600m of investment funding or 599m 'worth' of consultation provided by another arm of the business and 1m in actual investment cash Jeez do I get more cynical with age.
I don’t think it’s cynical. The venture has been set up as a subsidiary so that the investment can be offset against group taxation. At the same time, Wales has been chosen because of the tax incentives that affords and the pointless hydrogen element is about taking advantage of government grants in that area. Portugal will have been chosen for EU subsidies also. Jeez do I get more cynical with age.It’s taking advantage of the funds made available by central governments to stimulate commercial enterprise where it wants it to be.
Two questions:
1 Who here would be prepared to invest in this venture if Ineos decided to offer shares for sale? If so, how much would they be prepared to risk?
2 Who here is prepared to put down a deposit on an advance order, sight unseen, for an early Grenadier?
My answers are No and No.
1 Who here would be prepared to invest in this venture if Ineos decided to offer shares for sale? If so, how much would they be prepared to risk?
2 Who here is prepared to put down a deposit on an advance order, sight unseen, for an early Grenadier?
My answers are No and No.
DonkeyApple said:
scot_aln said:
Depends whether that is actually 600m of investment funding or 599m 'worth' of consultation provided by another arm of the business and 1m in actual investment cash Jeez do I get more cynical with age.
I don’t think it’s cynical. The venture has been set up as a subsidiary so that the investment can be offset against group taxation. At the same time, Wales has been chosen because of the tax incentives that affords and the pointless hydrogen element is about taking advantage of government grants in that area. Portugal will have been chosen for EU subsidies also. Jeez do I get more cynical with age.It’s taking advantage of the funds made available by central governments to stimulate commercial enterprise where it wants it to be.
DonkeyApple said:
RacerMike said:
Quite ironic that someone who was so keen to leave the EU is happy to be part of it when it suits him.
Leaving the EU isn’t about not doing business there. I think this is also why some people got confused by Dyson’s move. The inline 6 suggests to me that they are potentially aiming more at the lifestyle suv market than they would dare to admit. Cost and price won’t be linear with bmw and INEOS but if you look at BMW’s price delta on a 6 vs a 4 it’s very significant. If Ineos were to use a 4cyl they shouldn’t need to be 10-15% above the pick up market, which are predominantly all 4cyl in any case.
Jag_NE said:
The inline 6 suggests to me that they are potentially aiming more at the lifestyle suv market than they would dare to admit. Cost and price won’t be linear with bmw and INEOS but if you look at BMW’s price delta on a 6 vs a 4 it’s very significant. If Ineos were to use a 4cyl they shouldn’t need to be 10-15% above the pick up market, which are predominantly all 4cyl in any case.
BMW won't sell them a 4cyl i suspect......The reason you can get a 6cyl BMW engine as a "crate engine" is because BMW have excess production capacity for that engine. Sales of 6cyl BMWs are falling, and so they can sell engines to 3rd parties like Morgan or INEOS for a low cost (because they effectively have a production line that makes them for just the cost of the raw materials (ie, the lines already running, so making more engines makes it more efficient)
There's also the fact that the 4cyl engines are the latest spec, and BMW have a fair bit of trick and proprietary tech tied up in those engines, tech and info that they wouldn't really like to release to 3rd parties....
Designed by a German consultancy.
Spanish made chassis I understand.
German made engine (not the 4 cylinder BMW made in Birmingham).
Only decided to make in UK after much wooing by Wales,
Radcliffe domiciled in Monaco......yet voted for Brexit and makes this sound like a flag waving British exercise.
About as British as Heinz baked beans and Kellogs cornflakes.
Spanish made chassis I understand.
German made engine (not the 4 cylinder BMW made in Birmingham).
Only decided to make in UK after much wooing by Wales,
Radcliffe domiciled in Monaco......yet voted for Brexit and makes this sound like a flag waving British exercise.
About as British as Heinz baked beans and Kellogs cornflakes.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff