Was it a Poor Choice ?
Was it a Poor Choice ?
Author
Discussion

TuscanTwo

Original Poster:

66 posts

245 months

Thursday 13th April 2006
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I have not long had my Tuscan and seem to be plagued with problems of leakages, electric faults,rattles etc.. To top it all my dealer cannot seem to get the TVR factory to send out the required spares necessary to amend the problems. On top of that it has now been announced that the could be major redundancies at the Blackpool Factory and a possibility that the factory is to move. I now have mixed feeling about the companies after sales. Have I bought a car from a manufacturer that will go like the Rover Group and eventually end up practically worthless or is it common in the motor trade?

Any comments would be appreciated.

srebbe64

13,021 posts

266 months

Thursday 13th April 2006
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My understanding of the Tuscan 2 is that there are sometimes a few teething problems but they are generally dealt with by the dealer. Following which they're decent cars. Rumours of TVR going belly up are highly exaggerated in my view. I'd persevere with it for, say, 6 months and then decide whether it was a good purchase.

anonymous-user

83 months

Thursday 13th April 2006
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You not heard the latest then?

srebbe64

13,021 posts

266 months

Thursday 13th April 2006
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There's a bid difference between making redundancies and going belly up.

bosscerbera

8,188 posts

272 months

Thursday 13th April 2006
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srebbe64 said:
There's a big difference between making redundancies and going belly up.

Sure, but there's not much difference between making two cars a week and none.

srebbe64

13,021 posts

266 months

Thursday 13th April 2006
quotequote all
bosscerbera said:
srebbe64 said:
There's a big difference between making redundancies and going belly up.

Sure, but there's not much difference between making two cars a week and none.

Blimey, is that what they're down to? That is disconcerting. Let's all hope that Nikolai is a friend of Abramovich!

bosscerbera

8,188 posts

272 months

Thursday 13th April 2006
quotequote all
srebbe64 said:
bosscerbera said:
srebbe64 said:
There's a big difference between making redundancies and going belly up.

Sure, but there's not much difference between making two cars a week and none.

Blimey, is that what they're down to? That is disconcerting. Let's all hope that Nikolai is a friend of Abramovich!

The end is nigh ?

>> Edited by BossCerbera on Friday 14th April 12:49

srebbe64

13,021 posts

266 months

Thursday 13th April 2006
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The problem is, the rumours of impending doom put off prospective clients, so it becomes a self-fulfilling prophecy.

Al 450

1,390 posts

250 months

Thursday 13th April 2006
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as per MGR

srebbe64

13,021 posts

266 months

Thursday 13th April 2006
quotequote all
Al 450 said:
as per MGR

Indeed, but I think they're is a difference. The Rover brand became extremely tainted in the latter years. The TVR brand remains very strong, but the rumours of financial problems are its biggest problem. As such, it's conceivable that, unlike Rover, a major car producer could rescue the marque. Time will tell.

8,188 posts

272 months

Thursday 13th April 2006
quotequote all
srebbe64 said:
The problem is, the rumours of impending doom put off prospective clients, so it becomes a self-fulfilling prophecy.

This is the amazing thing about TVR: the proportion of people wearing rose-tinted specs (that might as well be beer goggles) who are prepared to dismiss the facts and logical consequences as 'rumours'! Everybody singing happy songs about TVR doesn't turn management primates into Lee Iacocca. "Naysayers" haven't destroyed TVR's market, TVR has!

The current regime has well and truly fked TVR and lots of right-minded people have seen it coming - only to be shouted down by beer-goggled optimists. FFS, I worked there briefly and I am telling you: the truth is weirder than fiction in Bristol Avenue. It can only end in tears - and no it won't be a 'self-fulfilling prophecy'.

I feel sorry for the workers and other stakeholders that have been let down by the worst management I have ever seen in my life. Moleskins' choice of manager ought to haunt him IMHO. Strutting around using Nik's Murcielago and planes like he's Aristotle Onassis, nepotism of the worst kind ...while the business disintegrates around his feet.

Nik's money and enthusiasm could have created an exciting future. The tragedy is it needn't have gone the way it has.

>> Edited by BossCerbera on Friday 14th April 12:47

sam gamgee

966 posts

282 months

Friday 14th April 2006
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said:
srebbe64 said:
The problem is, the rumours of impending doom put off prospective clients, so it becomes a self-fulfilling prophecy.

This is the amazing thing about TVR: the proportion of people wearing rose-tinted specs (that might as well be beer goggles) who are prepared to dismiss the facts and logical consequences as 'rumours'! Everybody singing happy songs about TVR doesn't turn management primates into Lee Iacocca. "Naysayers" haven't destroyed TVR's market, TVR has!

The current regime has well and truly fked TVR and lots of right-minded people have seen it coming - only to be shouted down by beer-goggled optimists. FFS, I worked there briefly and I am telling you: the truth is weirder than fiction in Bristol Avenue. It can only end in tears - and no it won't be a 'self-fulfilling prophecy'.


I feel sorry for the workers and other stakeholders that have been let down by the worst management I have ever seen in my life. Moleskins' choice of manager ought to haunt him. Strutting around using Nik's Murcielago and planes like he's Aristotle Onassis, nepotism of the worst kind ...while the business disintegrates around his feet.

Nik's money and enthusiasm could have created an exciting future. The tragedy is it needn't have gone the way it has.


Blimey...

Dave.







>> Edited by sam gamgee on Friday 14th April 00:10

BossCerbera

8,188 posts

272 months

Friday 14th April 2006
quotequote all
Al 450 said:
as per MGR

Really?

MGR's products - though worthy and as close to silk-purse-from-sows-ear as the world has ever seen - simply fell behind their peers through a lack of investment. This attracted ridicule. Hardly surprising, the ancient relics in the end looked like pigs in frocks. The downward trajectory was set by MGR long before the Phoenix gang got involved. They just ended up being the ones holding it when the music stopped. There is no doubt that the Phoenix lot prolonged MGR's life.

There are parallels with TVR but for a few glorious months it looked like Nik's fortune could reverse a decline that had set it in for a variety of reasons some years before he arrived. The difference between MGR and TVR is that, despite [allegedly] having more money than Croesus, TVR's management team accelerated its decline at considerable cost its shareholder.

Al 450

1,390 posts

250 months

Friday 14th April 2006
quotequote all
BossCerbera said:
Al 450 said:
as per MGR

Really?

MGR's products - though worthy and as close to silk-purse-from-sows-ear as the world has ever seen - simply fell behind their peers through a lack of investment. This attracted ridicule. Hardly surprising, the ancient relics in the end looked like pigs in frocks. The downward trajectory was set by MGR long before the Phoenix gang got involved. They just ended up being the ones holding it when the music stopped. There is no doubt that the Phoenix lot prolonged MGR's life.

There are parallels with TVR but for a few glorious months it looked like Nik's fortune could reverse a decline that had set it in for a variety of reasons some years before he arrived. The difference between MGR and TVR is that, despite [allegedly] having more money than Croesus, TVR's management team accelerated its decline at considerable cost its shareholder.


I meant as a self fulfilling prophecy, uncertainty breeds depreciation and lower demand resulting in an irreversible downward spiral in fortune.

The real reasons behind the decline of MGR are complex, time consuming to explain and not fully understood by the media or the general public but as a former MGR engineer I am well aware that the processes and engineering specifications were on a par with any other comparable company. However this is a thread about TVR so I won't be going on about it for too long.

The uncertainty thing though does draw parallels between the two companies for three main reasons, depreciation, warranty concerns and parts supply.

Syko

5,006 posts

251 months

Friday 14th April 2006
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So is the company screwed or what?

Or, more reasonably, what do you guys think are the chances of TVR being around in 2 years' time?

I give it 80%, just because I am, by (de)fault, optimistic and ignorant of these matters and guessing wildly.

>> Edited by Syko on Friday 14th April 02:08

soapbox

753 posts

265 months

Friday 14th April 2006
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BossCerbera said:
Al 450 said:
as per MGR

Really?

There is no doubt that the Phoenix lot prolonged MGR's life.



Without question. Astonishing how long it did last.




There are parallels with TVR but for a few glorious months it looked like Nik's fortune could reverse a decline that had set it in for a variety of reasons some years before he arrived. The difference between MGR and TVR is that, despite [allegedly] having more money than Croesus, TVR's management team accelerated its decline at considerable cost its shareholder.


Not being at all close to the company I can't speak knowledgably about the management team. However, with the combination of a reasonably strong brand and a much needed cash injection the future should have been/ should be very bright. With this kind of business intellectual property is key, and from reading these threads it seems TVR has haemorrhaged that over the last few years.

bjwoods

5,018 posts

313 months

Friday 14th April 2006
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whatever happens with current management/ownership..
I'm sure it will survive, as there was at least 2 other interested (posiibly better) parties before NS whisked it out from under their noses, ie Pw bit his hand off, as due diligence was 'probably' a bit skimpy with NS


It's a strong brand.
The Product are good, just uncertainty other finance/qulaity, which is easier to address than having completely the wrong product..

B

anonymous-user

83 months

Friday 14th April 2006
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Believe it or not I am an optimist about the future of TVR - I do think however as an ex member of staff that the current management team need a good kick up the backside!

>> Edited by K18STM on Friday 14th April 08:21

Big_M

5,602 posts

292 months

Friday 14th April 2006
quotequote all
bosscerbera said:
srebbe64 said:
There's a big difference between making redundancies and going belly up.

Sure, but there's not much difference between making two cars a week and none.
Let's hope you are wrong with that statement. If you are right, I hope you have some strong evidence to back it up as promoting rumours can have dramatic consequences not just from a legal point of view.

Now I don't know a lot of people - but I do know of at least two people who currently have new TVRs in build. Now that don't sound like no cars to me.

Everyone has quiet weeks in sales. I worked for a house builder that sold thousands of houses a year - we still had weeks where no sales were made across the country and millions of pounds worth of unsold stock properties sitting empty. But the company is still going.

Ballistic Banana

14,706 posts

296 months

Friday 14th April 2006
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Some Answers


Might help

BB