Hoegh Osaka - what was on board?
Discussion
Does anyone remember the Mazda accident which was similar but worse? 4703 cars, all scrapped:
http://www.caranddriver.com/features/cougar-ace-th...
http://www.caranddriver.com/features/cougar-ace-th...
RDMcG said:
Does anyone remember the Mazda accident which was similar but worse? 4703 cars, all scrapped:
http://www.caranddriver.com/features/cougar-ace-th...
I wonder if any of those cars found their way on the the road when the people at the salvage yard "forgot" to crush some...http://www.caranddriver.com/features/cougar-ace-th...
PositronicRay said:
Pwig said:
I know production cost is much much smaller than you think.
It costs TATA steel 50p to make a new Range Rover bonnet
I find that hard to believe.It costs TATA steel 50p to make a new Range Rover bonnet
I think people would be staggered what the factory door price is of certain cars.
Just to use an out of date example in order to avoid embarrassing anyone.
When the Matiz first came to UK it sold for roughly three and a half k.
It's landed cost was significantly less than one thousand. Significantly less. Factory door without shipping duty fees etc even lower.
More recently a Volvo with list price upper 20s had a factory door cost of less than 9.
Just to use an out of date example in order to avoid embarrassing anyone.
When the Matiz first came to UK it sold for roughly three and a half k.
It's landed cost was significantly less than one thousand. Significantly less. Factory door without shipping duty fees etc even lower.
More recently a Volvo with list price upper 20s had a factory door cost of less than 9.
spikeyhead said:
Ah, but there is cost and there is cost. Wear on the press tool, overheads etc all make a massive variation on cost.
In terms of raw material it probably is only a few quid at most. Once you've amortised the tool, paid the bloke to stand there pressing the button, paid off your capital investment for the building, press and robots, plus paid for all the secondary processes you'll have quite an expensive piece. Cost is a secondary factor, the big issue is order books. I know from working in the industry that JCB have an 8 month lead time on some units at present and I'm sure JLR are making cars as fast as they can, so you can't just 'make some more' without pushing back your entire order book.
Fingers crossed they were sold FOB and its the buyers problem!
KarlMac said:
Fingers crossed they were sold FOB and its the buyers problem!
Yep i was thinking the same. Although from experience would assume not!I work in Logistics / Freight Forwarding and the previous company i was with used to work with JLR importing vehicles into Africa. JLR would arrange to ship the cars RORO to CFR port of discharge, send us the docs where we would then take over (collect, customs clear and deliver etc).
dvs_dave said:
Does the factory door cost include the manufacturer overhead?
It depends on how the accountants define it. Think variable costs is perhaps simplest way I see it. The fixed costs are not volume dependent. Hence stay pretty much the same even if you make another couple of thousand more or less.A very simple view but overheads, marketing, warranty, rates, salaries as opposed to hourly paid wages all not included. So factory door vs list is not fair comparison in terms of looking at a company.
However in the terms of looking at a situation where a quantity of product has been lost at sea (effectively) and those orders still need to be fulfilled then it's a fair way of looking at it imo.
It's an interesting point someone made about the varying Incoterms applicable to the individual agreements will mean different people are at risk throughout the load. Complicated.
Press conference just finished: http://www.dailyecho.co.uk/news/11705169.Maritime_...
Could be refloated tomorrow: http://www.dailyecho.co.uk/news/11705266.Hoegh_Osa...
Could be refloated tomorrow: http://www.dailyecho.co.uk/news/11705266.Hoegh_Osa...
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