New TVR still under wraps!

[Gazzab]

m4tti said:

Jeez the update has killed the thread.

It just leaves one feeling flat. There is no real information or plan update, just lots of words re biscuits, floors, some new Director bloke....

[FlipFlopGriff]

pole said:

Saw this at Geneva Wednesday............

Side, front and rear so similar to the Griff. I'm selling one of my 2 deposits as just bought a Winnebago. Time moves on.
FFG

[AAGR]

Are you sure that this so-called TVR Press Release isn't a fake, bogus, a wind-up, or sheer trollery .... ?

[urquattroGus]

AAGR said:

Are you sure that this so-called TVR Press Release isn't a fake, bogus, a wind-up, or sheer trollery .... ?

When I read this on the TVR car club Facebook page I was sure that this was a pisstake.... Started when I saw “iDream” and a lot of the other comments, poor quality photos and mock ups etc.

I hope I’m right, but now wondering! Surely this is not genuine?

I’ve read all of the previous updates so Inknow Les likes to waffle a bit, but I read this as a skilful send up of his updates. It almost had the air of sniff petrol about it!

[Pursyluv]

Thread looks a bit different to what it did at 0730 this morning, from memory the last post was nob shaped chocolate biscuit, mods at work I guess, in 10 years I’ve never seen such an embarrassing set of posts

[chris watton]

Hang on - I am sure the first orders were to be complete by 2017!

[shalmaneser]

can someone upload the update for those of us not of FB?

[natben]

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

[Monkeylegend]

shalmaneser said:

can someone upload the update for those of us not of FB?

It has been uploaded, look back a few posts.

[bullittmcqueen]

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

[N7GTX]

bullittmcqueen said:

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

Yes, yes Bullitt but where is the money coming from to build the cars? The factory needs to be fitted out with tooling and stuff - who pays for that? I imagine the Welsh Ministers are funding the factory refurb but surely only to make the building watertight, presentable with all facilities installed? And they will want their £2.5m back within a couple of years.
This doesn't seem to work financially to me but I did struggle with maths at school.

[bullittmcqueen]

N7GTX said:

bullittmcqueen said:

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

Yes, yes Bullitt but where is the money coming from to build the cars? The factory needs to be fitted out with tooling and stuff - who pays for that? I imagine the Welsh Ministers are funding the factory refurb but surely only to make the building watertight, presentable with all facilities installed? And they will want their £2.5m back within a couple of years.
This doesn't seem to work financially to me but I did struggle with maths at school.

Long term viability is one thing of the venture is one thing, but i'm sure the short term (2-3) years is settled, i think. My point was, that i'm sure that the Welsh Government would not give the final "go" for a 4+ Mio GBP factory refurbishment based on 5 year old business plans and projections. They sure as hell will have taken a look at the current situation and have examined current business- and mid-term plans and financing as well. Again, no-one knows what will happen in the long term, that's the risk of doing business, but the next years should be safe, i assume.

[Scrump]

Pursyluv said:

Thread looks a bit different to what it did at 0730 this morning, from memory the last post was nob shaped chocolate biscuit, mods at work I guess, in 10 years I’ve never seen such an embarrassing set of posts

The biscuits have been cleaned up. Apologies if any non biscuit related posts got swept up in it.

[Andrew Gray]

bullittmcqueen said:

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

Oh you of little faith remember they gave millions to a ferry company without any boats
Andrew

[anonymous-user]

bullittmcqueen said:

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

That’s complete speculation. You can’t possibly know what will or will not happen.

[MDL111]

bullittmcqueen said:

N7GTX said:

bullittmcqueen said:

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

Yes, yes Bullitt but where is the money coming from to build the cars? The factory needs to be fitted out with tooling and stuff - who pays for that? I imagine the Welsh Ministers are funding the factory refurb but surely only to make the building watertight, presentable with all facilities installed? And they will want their £2.5m back within a couple of years.
This doesn't seem to work financially to me but I did struggle with maths at school.

Long term viability is one thing of the venture is one thing, but i'm sure the short term (2-3) years is settled, i think. My point was, that i'm sure that the Welsh Government would not give the final "go" for a 4+ Mio GBP factory refurbishment based on 5 year old business plans and projections. They sure as hell will have taken a look at the current situation and have examined current business- and mid-term plans and financing as well. Again, no-one knows what will happen in the long term, that's the risk of doing business, but the next years should be safe, i assume.

You have more confidence in a government’s ability to allocate tax payer’s money than I have.

[Andrew Gray]

MDL111 said:

bullittmcqueen said:

N7GTX said:

bullittmcqueen said:

natben said:

So if a contractor is announced shorty, and they get on site in May it may be the end of the year before production gets underway if there are no delays.
It is the possible that cars start to be delivered in Spring 2020, 12 months from now. Seems a bit optimistic.

There will be additional delays, that's for sure.

BUT, when the work on the factory starts and the photo-shoot with the government happens (and we'll find out over the course of the next weeks), one can safely assume that the factory will happen and that the cars will be built. The refurbishment alone goes into the millions, even governments don't throw that kind of money away. They surely are aware of all current developments and decided to go on. They also hold a stake in TVR which gives them good insight into the companies developments.

Again, when the refurbishment starts (with or without photo-shoot), it (cars!) will happen.

Yes, yes Bullitt but where is the money coming from to build the cars? The factory needs to be fitted out with tooling and stuff - who pays for that? I imagine the Welsh Ministers are funding the factory refurb but surely only to make the building watertight, presentable with all facilities installed? And they will want their £2.5m back within a couple of years.
This doesn't seem to work financially to me but I did struggle with maths at school.

Long term viability is one thing of the venture is one thing, but i'm sure the short term (2-3) years is settled, i think. My point was, that i'm sure that the Welsh Government would not give the final "go" for a 4+ Mio GBP factory refurbishment based on 5 year old business plans and projections. They sure as hell will have taken a look at the current situation and have examined current business- and mid-term plans and financing as well. Again, no-one knows what will happen in the long term, that's the risk of doing business, but the next years should be safe, i assume.

You have more confidence in a government’s ability to allocate tax payer’s money than I have.

Remember Governments and local authority are not run by business people but by politicians who have a short life span can loose money and stay in there position cant go bust and apart from the ballet box are not exactly accountable for there decisions.
A

[Monkeylegend]

Andrew Gray said:

Remember Governments and local authority are not run by business people but by politicians who have a short life span can loose money and stay in there position cant go bust and apart from the ballet box are not exactly accountable for there decisions.
A

Yes but they are often lead a dance by those wanting investment.

[DsDetective]

Having read the cover letter thing a couple of times, it has to be a send up - surely?

[bullittmcqueen]

@stovey, Andrew Gray, MDL111

Yes, sure it's pure speculation on my side. It's the only thing we can do here.

I would be more worried if the government actually WAS run by business people Politicians have a indeed a different motivation and yes, the next election is very important. Now, i do believe there must be some sort of due diligence on the governments part, anything else would be gross negligence. So when that hurdle is taken, indeed different motives might apply. Creating jobs, fueling economy, making yourself look good in the press ans setting yourself up for the next election, etc.

There might even be the tendency to sink more money in a venture than is sensible from a pure business point of view.

So the summary of my argument is: government deems this a good investment (even if only seen through politicians glasses). But even they won't start such an investment (and the refurbishment alone is big, > 4 Mio) without any due diligence, so we can assume that the business case is set at least for the run of LE cars. Politicians tend not hold their face in front of a camera if the risk of failure is too high, as these fotos come back to haunt them. So if we see the photo-shoot with smiling members of the government, the project is good to go and will even have a higher chance of getting government funding later on in case things go awry.

Bingo.