RE: McLaren seeks extra funding to mitigate losses

RE: McLaren seeks extra funding to mitigate losses

Author
Discussion

650spider

1,018 posts

126 months

Friday 15th May
quotequote all
Leftfootwonder said:
geo1905 said:
Come on everyone, enough with the daft comments ! This is a wonderful company, a major innovator, massive exporter, cutting edge technology etc. I'm sure they will survive and prosper, they deserve to and I sincerely hope so. And no, I have no connection with them !
Hear Hear!

British sports cars are among the best in the world, it's just a shame their management teams seem to be among the worst. frown

McLaren are a very special company doing some very special things, not to mention helping the fight with the ventilators etc. We need to get behind them, not slag them off.
Good post.

Until 15mths ago they were not even on my radar and i had no real interest.

Now; i guess it is a bit like Lotus. Once you have one it gets under your skin and your hooked.

I cannot envisage going back to German or Italian ever again for my sports car fix.

When you look at what they have achieved considering there was only one McLaren on the roads 10 years ago it is remarkable.

Am i surprised they need more funding? No.

They are on their own unlike Lambo, Ferrari and Porsche, and the infrastructure set up and development costs in such a short amount of time has been and continues to be very expensive, never mind the cost of paying off Ron.

Every car manufacturer is seriously, seriously hurting at the moment...McLaren are not in a unique position; however they are in a far better position than others as the brand is 'sexy' rather than 'old' like how JLR and Aston is viewed, and they have the brucey bonus of F1 kudos.

They shall definitely survive though...although it may be with new owners.

Mercedes?

Or maybe Ron back with new rich friends...



Cold

9,132 posts

45 months

Friday 15th May
quotequote all
I blame JayEmm. yes

Joey Deacon

2,366 posts

131 months

Friday 15th May
quotequote all
Cold said:
I blame JayEmm. yes
I was thinking the same thing

Tickle

3,808 posts

159 months

Friday 15th May
quotequote all
Whatsmyname said:
Tickle said:
100 said:
Will this affect the price of P1s and F1s?
I'm hoping they drop sub £50k
For an interim service?
I should hope they throw servicing in for £50k biggrin

ate one too

2,047 posts

101 months

Friday 15th May
quotequote all
Maybe Geely will take a slice ?

ManyMotors

75 posts

53 months

Friday 15th May
quotequote all
A look at its dealers' inventory and offers point out McLaren's problem: they cannot get the prices needed. Sure the cars are a thrill. But if people won't pay what it takes to make a profit, McLaren is going the same way as Aston Martin - that is, down.

NGK210

1,130 posts

100 months

Friday 15th May
quotequote all
Oh please, as PR stunts to evoke sympathy go, this is lame. This isn’t a cottage industry race team run by cheery chaps in brown coats and flatcaps who might have to sell their medals to survive.
It’s McLaren Group, founded by Ron The B*st*rd, fuelled by arrogance and contempt for all, especially customers, which in effect is 56%-owned by the smiling, caring human rights-abusing, cash-rich Kingdom of Bahrain.
Even our rapacious and criminally inept current government hasn’t fallen for this sob story.


Edited by NGK210 on Friday 15th May 17:15

wab172uk

1,675 posts

182 months

Friday 15th May
quotequote all
Aren't all manufacturers going to be in the same boat though?

VW are burning through $2.2 Billion a week while sale have flat lined.

It's not just the big manufacturers either. It's the supply chain. If companies who supply parts start going bust, no cars are going to suddenly start getting built, if the part aren't there to build them.

I can see Governments around the world having to bail out the manufacturers and suppliers. Same with construction.

Tough times

jayemm89

2,718 posts

85 months

Friday 15th May
quotequote all
Joey Deacon said:
Cold said:
I blame JayEmm. yes
I was thinking the same thing

Hugh Jarse

3,299 posts

160 months

Friday 15th May
quotequote all
According to my mate Noel, the right amount of mustard on a ham sandwich is just not enough. The same applies to exotic car supply and demand, to protect residuals, pcps etc. Good luck to them anyhoo.

av185

11,260 posts

82 months

Friday 15th May
quotequote all
Coincidentally watched the great docu 'film' Senna again on Freeview last night.

Ron Dennis does'nt look much younger.

Wish Mclaren all the best but unsurprising they haven't received a taxpayers bailout otherwise where would it all end.

Edited by av185 on Friday 15th May 17:02

jonah35

3,804 posts

112 months

Friday 15th May
quotequote all
Glenn63 said:
650spider said:
I expect this topic will turn into the usual McLaren thread ie; why i won't buy one, unreliable, same carbon tub, same engine, unreliable, rubbish engine noise, rubbish dealers blah blah blah and blah.

Some belters will even pitch up and state they are boring to drive.

Not sure what disappoints me the most about my McLaren; 0-60 in the 2s, 0-100 in the 5s, 0-124 in the 7s, fantastic service from McLaren Glasgow, or that it has never broken down or caused me any problems?

Maybe it is the pure theatre doors?

I cannot put my finger on it.

Hopefully some non owners can put me right.
Maybe that’s it, just stats on paper, no character or soul.
Stats on paper great but...
Boosty engine
Poor soundtrack
Poor interior

Horses for courses

av185

11,260 posts

82 months

Friday 15th May
quotequote all
Interesting how with many high end cars their odd indiosyncracies actually heighten the overall experience.

Unfortunately not so with Mclaren.

Pity.

650spider

1,018 posts

126 months

Friday 15th May
quotequote all
jayemm89 said:
Joey Deacon said:
Cold said:
I blame JayEmm. yes
I was thinking the same thing
Yup...took a real genius to make a 2 minute viewpoint into a 20 minute clip stating a stand alone supercar manufacturer might struggle at the time of a worldwide pandemic.

I reckon i shall use the toilet at some point in the next 24hrs...therefore i, also, am a genius.

I am sure the next anti-McLaren release shall be as equally mind blowing.



chris_caradventures

16 posts

16 months

Friday 15th May
quotequote all
Exactly this.
If it were British, but look at the ownership structure. Even the marketing video for the 620R showed the Bahrain flag. Honestly, that was a bit much for me. And I’m not even British myself.
NGK210 said:
Oh please, as PR stunts to evoke sympathy go, this is lame. This isn’t a cottage industry race team run by cheery chaps in brown coats and flatcaps who might have to sell their medals to survive.
It’s McLaren Group, founded by Ron The B*st*rd, fuelled by arrogance and contempt for all, especially customers, which in effect is 56%-owned by the smiling, caring human rights-abusing, cash-rich Kingdom of Bahrain.
Even our rapacious and criminally inept current government hasn’t fallen for this sob story.


Edited by NGK210 on Friday 15th May 17:15

chelme

1,000 posts

125 months

Friday 15th May
quotequote all
vikingaeroatwork said:
thiscocks said:
Does this mean there customer service will be even worse?
Getting extra funding in doesn't change the rotten management culture - and that starts from the top.
Yep, a fish rots from the head down....

kilarney

396 posts

178 months

Friday 15th May
quotequote all
650spider said:
Leftfootwonder said:
geo1905 said:
Come on everyone, enough with the daft comments ! This is a wonderful company, a major innovator, massive exporter, cutting edge technology etc. I'm sure they will survive and prosper, they deserve to and I sincerely hope so. And no, I have no connection with them !
Hear Hear!

British sports cars are among the best in the world, it's just a shame their management teams seem to be among the worst. frown

McLaren are a very special company doing some very special things, not to mention helping the fight with the ventilators etc. We need to get behind them, not slag them off.
Good post.

Until 15mths ago they were not even on my radar and i had no real interest.

Now; i guess it is a bit like Lotus. Once you have one it gets under your skin and your hooked.

I cannot envisage going back to German or Italian ever again for my sports car fix.

When you look at what they have achieved considering there was only one McLaren on the roads 10 years ago it is remarkable.

Am i surprised they need more funding? No.

They are on their own unlike Lambo, Ferrari and Porsche, and the infrastructure set up and development costs in such a short amount of time has been and continues to be very expensive, never mind the cost of paying off Ron.

Every car manufacturer is seriously, seriously hurting at the moment...McLaren are not in a unique position; however they are in a far better position than others as the brand is 'sexy' rather than 'old' like how JLR and Aston is viewed, and they have the brucey bonus of F1 kudos.

They shall definitely survive though...although it may be with new owners.

Mercedes?

Or maybe Ron back with new rich friends...
Your worried arent you. The brand isnt viewed as sexy by me. Look like upmarket Lotus. The formula is in place to give the result , failure. Shame but plain to see.

maz8062

705 posts

170 months

Friday 15th May
quotequote all
650spider said:
jayemm89 said:
Joey Deacon said:
Cold said:
I blame JayEmm. yes
I was thinking the same thing
Yup...took a real genius to make a 2 minute viewpoint into a 20 minute clip stating a stand alone supercar manufacturer might struggle at the time of a worldwide pandemic.

I reckon i shall use the toilet at some point in the next 24hrs...therefore i, also, am a genius.

I am sure the next anti-McLaren release shall be as equally mind blowing.
To Jayemm's credit, he did recently upload a video recommending the MP4-12C as a good secondhand buy.

650spider

1,018 posts

126 months

Friday 15th May
quotequote all
jonah35 said:
Glenn63 said:
650spider said:
I expect this topic will turn into the usual McLaren thread ie; why i won't buy one, unreliable, same carbon tub, same engine, unreliable, rubbish engine noise, rubbish dealers blah blah blah and blah.

Some belters will even pitch up and state they are boring to drive.

Not sure what disappoints me the most about my McLaren; 0-60 in the 2s, 0-100 in the 5s, 0-124 in the 7s, fantastic service from McLaren Glasgow, or that it has never broken down or caused me any problems?

Maybe it is the pure theatre doors?

I cannot put my finger on it.

Hopefully some non owners can put me right.
Maybe that’s it, just stats on paper, no character or soul.
Stats on paper great but...
Boosty engine
Poor soundtrack
Poor interior

Horses for courses
Glenn, seems you are a AMG fan...myself also...have constantly had one on the driveway since a C43 AMG estate wayyy back in 2000 and still have the daddy 600bhp one, so if your basing character and soul on them, tell me how they compare to McLaren?

Jonah, which McLaren did you have? Having the MSO exhaust made a great difference and the interior of the 650 / 675 is one of the comfiest, simplistic interiors out there with next to no buttons to complicate things, and a perfect binnacle dead ahead. Almost every review of them models concurs with that train of thought.

I can only base my opinions on McLaren ownership after more than 20 years of constant Porsche and Ferrari ownership.

Regards to soundtracks, after having Ferraris with tubis and capristos, and the almost spitfire sound of my wifes AMG, i think the McLaren mix of quiet-ish when you want it and loud enough when you fancy that is perfect.

Whilst some might think a stage 3 capristo on a screaming V8 Ferrari is the dogs danglers, after around 45 minutes tops i felt it became a real chore...and the early 7am blast on a Sunday makes you public enemy no1.

In my experience, the mind blowing stats on paper are just a small part of a McLarens abilities...in my opinion Chris Harris can drive a bit...watch any of his McLaren drives on track and listen to his thoughts and opinions.

SidewaysSi

7,357 posts

189 months

Friday 15th May
quotequote all
Do they really have their back to the wall to be going cap in hand to the government?

Quite embarrassing if so.