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What/who will collapse first in 2018


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4 minutes ago, spyguy said:

In the UK probably.

Tata entered UK steel/Corus/whatnot in 2007.

Trying to exit 2-3 years later.

Any large company trying to leap and out of a business in such a short time is mental.

Id guess Tata require an inefficient, corrupt country to survive (India) where accountancy and and share holder rights/transparency are not too hot.

The thing is Ive long trying to apply any sense or normal business metric to Indian companies. They are all nuts. And so is the India.

 

 

 

I have heard that countless times before 

logic and science are not applicable in India 

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14 minutes ago, NoGo said:

Do you think the 3 day week at JLR and the month long closure at Mini are on full pay? Pretty freekin sweet if you ask me. 

Yes, they are.

https://www.just-auto.com/news/bmw-plans-mini-2019-summer-shutdown-to-coincide-with-brexit_id184607.aspx

A lot of spin:

'BMW said downtime would be used to start preparing the plant to make the new electric Mini. '

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It winds me up that the media are equating JLR and BMW problems with Brexit.

 

My family are from near the Castle Bromwich plant, and I have been hearing anecdotally bad things from acquaintances that work there for a while (bit hard to verify cos the average Brummie, like me loves a good moan )

 

The local paper (Birmingham Mail) see no wrong in what JLR / Tata do.  Any problem is normally chalked down to external forces (usually Brexit these days).  Very bad journalism.

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1 hour ago, Ghostly said:

Problems such as?

Such as the "track" running incredibly slowly at times (way below capacity) because there aren't enough orders.

 

JLR making all sorts of promises about jobs, and months later shifting production to Slovakia and firing thousands of temps.

 

Refusing to take temps on permanently despite them being there many years.

 

Problems with management.

 

Problems with quality.

 

(As I said this is anecdotal)

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2 minutes ago, chronyx said:

And yet if contractors do that aren't there issues with only having one place of work?

This is a long way from being an IT contractor for example.  These are people on £12 per hour with no security, absolutely desperate for their temp job to be converted to a permanent job.

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7 minutes ago, reddog said:

This is a long way from being an IT contractor for example.  These are people on £12 per hour with no security, absolutely desperate for their temp job to be converted to a permanent job.

Yes, it goes to show how the system is geared to eff you one way or another 

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21 minutes ago, reddog said:

Such as the "track" running incredibly slowly at times (way below capacity) because there aren't enough orders.

 

JLR making all sorts of promises about jobs, and months later shifting production to Slovakia and firing thousands of temps.

 

Refusing to take temps on permanently despite them being there many years.

 

Problems with management.

 

Problems with quality.

 

(As I said this is anecdotal)

I've heard much the same from mates of mine at Jaguar and Land Rover. Domestic sales are piss-poor; the US is calamitous.

Everything feels old and tired.

tata-jlr_ihfi5Tn.png&w=700&op=resizeimage.png.50c40b0dac2bb9da980c6f419516141f.png

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24 minutes ago, chronyx said:

No shortage of Evoques on the roads near me.  I don't live in a rich area (maybe that's why)

I think Land Rover / Range Rover was the bit of the business that was doing well, though not so well now due to diesel.  

 

But jaguar is the real dog.  I heard on the radio this morning that the XE (Jaguars BMW 3 series competitor) is supposed to sell ~100k per year, but is only selling ~30k.  That is a massive shortfall.

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1 hour ago, reddog said:

I think Land Rover / Range Rover was the bit of the business that was doing well, though not so well now due to diesel.  

 

But jaguar is the real dog.  I heard on the radio this morning that the XE (Jaguars BMW 3 series competitor) is supposed to sell ~100k per year, but is only selling ~30k.  That is a massive shortfall.

I wondered why they bothered making the F Pace

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I'll go for the current government (although they might hang on until 2020).

Brexit (which, despite what it could or could not have been, is going to be an unmitigated disaster because it's been so bodged by the above). 

Reality (for anyone who still thinks any of this is going to end well). 

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On 18/09/2018 at 07:05, MinistryMan said:

Some JLRO dealerships are in trouble. They’ve extended their payment terms to 120 days. We own a small ‘private’ specialist workshop and do warrantee work for them

That's a genuinely interesting story but you keep saying "warrantee" is making my teeth grind. You mean "warranty" surely? Or "guarantee"? You can't splodge them together into "warrantee". Again though, interesting insider post.

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