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Author Which car manufacturer in the UK is going to collapse?
Bart
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Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
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21st Feb 09 at 10:06   View User's Profile U2U Member Reply With Quote

Anyone have any ideas/know who it is?

I know GMC are announcing major job losses, but Ford USA are billions in debt, Id like to see Ford fall through
mwg
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Registered: 19th Feb 04
Location: South Lakes
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21st Feb 09 at 10:08   View User's Profile U2U Member Reply With Quote

Vauxhall
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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21st Feb 09 at 10:09   View User's Profile U2U Member Reply With Quote

None, all US based are being bailed out by the Govt, and no doubt any UK ones would get similar backing.
csweatherston
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Registered: 16th Jan 06
Location: Devon
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21st Feb 09 at 10:19   View User's Profile U2U Member Reply With Quote

From what was said on the news last night, i doubt an uk manufacturer will be bailed.

no big loss
All Torque
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Registered: 17th Nov 05
Location: Milton Keynes Drives: Ford Focus TDCi
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21st Feb 09 at 10:38   View User's Profile U2U Member Reply With Quote

Rover
TVR
Lola Race cars

Oh wait...
Rich H
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Registered: 26th Oct 05
Location: West Sussex Drives: E46 M3
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21st Feb 09 at 10:47   View User's Profile U2U Member Reply With Quote

Peugeot imo. Bit too suspect they haven't announced any job cuts or anything - they can't be surviving without any issues atm!
Matt H
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Registered: 11th Sep 01
Location: South Yorkshire
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21st Feb 09 at 10:50   View User's Profile U2U Member Reply With Quote

Land Rover

4x4's just aren't selling
All Torque
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Registered: 17th Nov 05
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21st Feb 09 at 10:57   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Matt H
Land Rover

4x4's just aren't selling


Don't they have orders to the military? I'm sure the MOD can't go without their Landys.
l15ter
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Registered: 1st Feb 08
Location: Berkshire
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21st Feb 09 at 10:59   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by All Torque
quote:
Originally posted by Matt H
Land Rover

4x4's just aren't selling


Don't they have orders to the military? I'm sure the MOD can't go without their Landys.


correct
oceansoul
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Registered: 19th Jun 06
Location: Sunbury, Surrey
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21st Feb 09 at 11:08   View User's Profile U2U Member Reply With Quote

if vauxhall were to go under though, wouldnt GM just send over the opel brand. Same company n all that, although different?

[Edited on 21-02-2009 by oceansoul]
--DAN--
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Registered: 3rd Feb 03
Location: Bottesford. Drives;3 Series
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21st Feb 09 at 11:15   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by csweatherston
From what was said on the news last night, i doubt an uk manufacturer will be bailed.

no big loss


No big loss? What about the thousands it would put out of work?
Matt H
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Registered: 11th Sep 01
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21st Feb 09 at 11:30   View User's Profile U2U Member Reply With Quote

If they close, it's unlikely that they'll ever re-open. It is a big loss
DizzyRebel
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Registered: 2nd Jan 09
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21st Feb 09 at 11:35   View User's Profile U2U Member Reply With Quote

loads of places are going bust anyway. unemployment is already at about 2 million and expected to rise above 3 million before the year is out.

British car manufacturers are small and low volume anyway, although radical have reported an increase in sales and profits upto yet.

As for jaguar LR they are chinese backed so will never run out of money, although LR dealership sales are down by almost 70% so expect them to close a few outlets and slow production.

The british car industry is pretty much none existant anymore, any of the big makes are all foreign backed so are not really british anymore

BTW saab are filing for bankruptcy protection as we speak...
Kurt
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Registered: 23rd Oct 05
Location: Hi
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21st Feb 09 at 11:43   View User's Profile U2U Member Reply With Quote

Fiat Group have recently bought into Chrysler in exchange for helping chrysler create more fuel efficient engines
Joe
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Registered: 20th Jun 04
Location: Hesketh Bank, Lancashire
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21st Feb 09 at 12:15   View User's Profile U2U Member Reply With Quote

As said, Saab were in trouble according to the news last night.

Un-surprising really as they are too much of a niche. Expesive average cars.
Cosmo
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Registered: 29th Mar 01
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21st Feb 09 at 12:22   View User's Profile U2U Member Reply With Quote

How are people describing a UK Manufacturer - someone who is a UK based company, or any car maker who has a factory over here.

The small brands wont get bailed out, but not really a huge number of them left, and most have small workforces with high sales prices (i.e. to those not really effected by the credit crunch) so should be OK.

The large companies (Nissan and the like) will be bailed out before they close up their UK operations, as if not they will not return, and thats a huge number of lost jobs and a huge amount of income via taxes the Govt will miss out on.
Colin
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21st Feb 09 at 12:28   View User's Profile U2U Member Reply With Quote

SAAB's part of GM arn't they
Joe
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21st Feb 09 at 12:33   View User's Profile U2U Member Reply With Quote

Yes Colin
Colin
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21st Feb 09 at 12:40   View User's Profile U2U Member Reply With Quote

So there already known to be in trouble. I thought going by the press release this was a company that had not been in trouble up to now & not recieved any govt bail out abroad!?

Id have said RR but there owned by tata or whatever now & im not sure what their finnces are like, although they made shit boxes for the indian market only before plunging into the RR buyout which will have large expenditures so could be them.

Could easilly be one of the japs, Toyota or something.............although why dont they get backing from their own government!

Ah who knows..............why dont unite just come out & say who it is!!

[Edited on 21-02-2009 by Colin]
Andy Stocker
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Registered: 31st Aug 00
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21st Feb 09 at 13:32   View User's Profile U2U Member Reply With Quote

How much of a discount do you think you could get on brand new cars if you walked in with the cash at dealerships at the moment?


[Edited on 21-02-2009 by Andy Stocker]
John
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Registered: 30th Jun 03
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21st Feb 09 at 13:33   View User's Profile U2U Member Reply With Quote

Saab are gone unless somebody buys them, i'd rather have a vectra.
Cosmo
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Registered: 29th Mar 01
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21st Feb 09 at 13:34   View User's Profile U2U Member Reply With Quote

If its a stock car then you'll get a fair amount. Most are willing to make next to nothing just to free up some cash and get the care off the forecourt.
Andy Stocker
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Registered: 31st Aug 00
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21st Feb 09 at 13:36   View User's Profile U2U Member Reply With Quote

So for instance if you fancied a Corsa £16k, what stupid offer would you walk in with?
John
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21st Feb 09 at 13:50   View User's Profile U2U Member Reply With Quote

Doubt you'd get that much off.

Vauxhall are still doing well afaik and they won't have that many VXR's lying about.
Colin
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Registered: 4th Apr 02
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21st Feb 09 at 14:09   View User's Profile U2U Member Reply With Quote

Nah they wont sell at a loss hense the shorter working weeks being introduced/shutting down of plants etc

You'll probably find them offering other incentives to buy new, finance offers, free servicing bundles etc.

My local BMW's doing 0% finance over 4 years on used cars................they've got an M3 in atm

[Edited on 21-02-2009 by Colin]

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