Opinion Kilcrohane's view of the Automotive Industry and Global Economy. Part Deux.

[BMW4ever]

How many bottles(lines of coke?) has Spaffer had already in yet another 'leaving-do', 'birthday', 'all the rules were observed' party?

- it's almost as if Spaffer and the other western 'leaders' - mainly blackmailed puppets - knew that Covid was a hoax - and that when, not if, Putin, Lavrov and Shoigu are forced to hit the nuke button, due to the invasion of ~500,000 'NATO' troops, that these clowns know that they'll be in their bunkers, while the Covid-terrified, now cost of living-terrified plebs will be literal toast. I'd drink too that too, if I was psycho.

 

[BMW4ever]

'Woke' claim as JLR bosses ditch the word 'slave' from car parts

Jaguar Land Rover confirmed the change was requested by workers - and the car giant said it fully supported the move

www.birminghammail.co.uk

These clowns, or their up to £10k a day London PR agency advisers, do know that Land Rover(/Range Rover) comes from Rover, the Rover Car Company, whose name came from the Vikings, 'the Rovers', as on Rover car badges? And what were Vikings famous for, synonymous with? Rape and pillage.

Oh dear. The LR of JLR cancelled. The green and purple hair Pro-Choice brigade picketing Solihull's gates in 3, 2, 1... .

No doubt some 'executive', diversity-hire at JLR will now find some reason to cancel the J bit. 'Big Cat', 'Panthera' - the new platform - supposedly - of Jaguar. Surely a panther is black, Can't have that. That's racist. Jaguar cancelled.

I jest - a bit. But, in Insane-UK-2022, anything is possible, or an offence, or a crime. Clown-World incarnate.

 

[Matski]

I jest - a bit

Good, I was worrying you'd run out of risperidone.

 

[BMW4ever]

While Senile Steve(Cropley) has been very inkily incontinent, as well as probably actually incontinent, lately, with his beyond Comical Ali stuff on 'envy of the auto world' JLR etc, reality has not being taking a nap, unlike Sanatogen-fuelled Steve, after his 'hard work' toiling at the JLR PR stove:

'UK electricity prices are the most expensive of any European automotive manufacturing country and 59% higher than the EU average, meaning that last year'

Urgent action needed as UK Auto faces £90 million energy cost hike - SMMT

New analysis reveals UK auto manufacturers face £90m uplift in energy bills this year as costs surge 50%. Sector already spends £50m more per annum for energy than EU counterparts, with the UK having some of the highest electricity costs in Europe. Industry calls for urgent action as UK’s...

www.smmt.co.uk

Reality is UK is now a tiny auto maker. And it's about to get much tinier.

While Spaffer jets around the (Globally-Warmed)world, with his script from Green Gaia Goddess Carrie, Carrie Antoinette - 'Let them eat solar farms at 53 degrees north' - UK, as a place to make things, not take/steal £billions in taxpayer money, by 'contracts', with chums, cronies, goes from world's worst, to, er, even more world's worst.

UK electricity can now only be paid for by those who don't pay it - non-makers, BSers of all kinds - pols, civil servants, think tanks, Diversity Experts, consultants, etc - who have the taxpayer pay for it - 'expenses' - or some 'donor' - criminal, who wants a favour - 'I'll set up a dodgy 'Think Tank' in Mayfair or Belgravia, staff it with a few public school, Oxbridge, mummy and daddy twits, who know the square root of F all, and are beyond useless in life, and in return, you will channel me, my 'companies', all off-shore, shell ones of course, hundreds, or billions in taxpayer wonga'.

UK as place to make things, add genuine value, is only for the certifiable - clinically insane.

Just gives even more the lie to the 'Jag 2025 Reinvention' bollox. BMW and VAG must have done the calcs dozens of times to justify Goodwood and Crewe. Even with their stratospheric pricing, I'll bet it's really hard to justify them, when you could do 100% of he car in Dingolfing or Bratislava for a fraction of the cost.

UK is only for the flithy rich - non-doms and the like in Belgravia, Mayfair, and K&C - or for the criminal - underclass, and organised - drug gangs, who obviously work with our 'world-leading Plod' - the laziest, most corrupt, most utterly useless, appalling police ''service' in the world.

To earn a honest living, doing a real job, worthwhile, adding genuine value, transforming materials etc, from raw to finished, is for the birds.

 

[Centurion]

Has anyone else noticed that used car prices are coming down while stock levels are improving.

Although lead times remain long, for some models there are now 6-12 months year old examples that are listed below list. This was not the case earlier this year.

It's a good step in the right direction

 

[BMW4ever]

Has anyone else noticed that used car prices are coming down while stock levels are improving.

Although lead times remain long, for some models there are now 6-12 months year old examples that are listed below list. This was not the case earlier this year.

It's a good step in the right direction

'You've seen nothing yet'.

'Used car' - tat - prices are insane. Prices are 50-100% more than they should be - before the final collapse - cars will be ungiveawayable.

UK used car prices are the same as UK house prices - buyers stuck in insane delusion and abject fear. They sense there's a trapdoor beneath their feet, but the media, and many similarly brainwashed mates and work colleagues, tell them: 'everything's booming. Just look at the massive shortage of workers and sky high prices for everything'.

Reality is already most sellers are trapped - bought high, now can't sell, due to unstomachable losses. Dealers are sitting on stuff from the winter, hanging on for some mug to pay an insane price, for run of the mill, walk away from in a heartbeat garbage.

The UK is bust. As in 3rd world, banana republic bust. Real UK population is 75-80 million, not the jackanory of the Census, with around one tenth of them being net tax contributors.

The BBC would rather tell you about rocketing prices - nudge, nudge, demand must be huge, bouncing back, post-pandemic pent up etc - than the UK is in a far worse position to pay its way, ever, far exceeding the 1970s and going with the begging bowl to the IMF:

UK trade performance falls to worst level on record in first quarter

Official figures corroborate academic studies showing sharp drop in exports since Brexit

www.ft.com

Brexit led to 14% fall in UK exports to EU in 2021, trade figures say

Goods and services exported to bloc affected by return of customs border, EU commissioner says

www.theguardian.com

- it's not Brexit, whatever the millionaires of Hampstead at The Guardian try to tell you. UK plc has been bust since The City got its puppet to smash up UK industry in the early 1980s, with Bliar finishing it off in the 90s/2000s.

We make nothing, We buy everything. How hard is it to understand that we are bust. 101 stuff - but apparently beyond the wit of the average <40 yr old Brit - with degrees and quals. as long as his/her arm - educated idiot.

We either reduce population to sustainability - 10 million tops now, in UK's productive state - or we reduce the living standard of the ~80 million to 3rd world, or below, status. BOTH are being worked on by 'the elite'.

Like the boiled frog, they want you to go quietly into the night, without realising what happened to you.

They, their Media, will distract you endlessly with viruses/pandemics, 'top-level sport' - passive, mindless watching - celebs of course, the bollox, obvious to a child, of CAGW - 10 deg. C on the 1st July, with 20 deg. C now a heatwave - and of course the gutter antics of buffoons, clowns, c****, criminals, scum, like 'Boris', and 'fragrant (Roman Catholic) Carrie'- see below - the 300 plus Tory Scum, and the heir to the throne - all titillation to keep the pleb distracted form the real agenda - the end of you:

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[BMW4ever]

Funny, the state broadcaster - pay the 'licence' or go to jail - ignored this very minor story, of no consequence to the celeb-obsessed, utterly dumbed down but 'educated' often for up to 20 years, junk food guzzling, inane clown/moron, husk of a human being, that goes by the name of 'Modern Brit':

'The UK’s trade performance this year fell to its worst level since records began, heaping more pressure on sterling in international currency markets.

The country’s current account deficit was calculated at 8.3 per cent of gross domestic product[far worse in reality/truth, non-frigged figures]in the first quarter of 2022, a deterioration from an average of 2.6 per cent across all of 2021.

It was the worst figure on record since quarterly balance of payments data was first published in 1955.'

Pah, the BBC would rather talk, headline, about FGM - vital to indigenous British women, not - or CAGW, or AOB - any other bollox - as long as it's not real, important, and somewhere in the rough vicinity of the truth.

If this was the 1970s - 1974-'79 - the BBC equivalent of Dick Robinson - the croaker from Hell - would be laying into Sunak(Healey), and 'Boris'(Callaghan), night and day, about UK being bust, the poor-, sickman of Europe, the developed world, and how the Tories are finished, and need to go, now, and how Britain needs a new direction urgently, a complete change, reset, away from the disastrous 'free market' capitalism - painfully obvious kleptocracy - of the sleaze, criminal Tories, and their class, of no morals, steal all you can, and Laws are only for plebs.

And then I woke up - and realised the BBC is the mouthpiece of the Bankers, The City, and its lackeys in politics, Media, 'the Law', Plod, 'education', 'Medicine', etc.

What the BBC, their bosses, want for you, and your family:

 

[BMW4ever]

Ha. ha - Carney, now that he's well away from the scene of the crime, and the statute of limitation has run out, let's the cat out of the bag - the £ is supported, backed, by F all:

'He echoed former Bank of England governor Mark Carney, who warned repeatedly after the Brexit referendum that the value of the pound depended on the “kindness of strangers”.'

- just as I said, here, and elsewhere, for years, decades. The £ is deliberately propped up, a fake, phony, a fraud, just like the UK's posterchild, JLR.

The £ has been garbage since Thatcher and her crew smashed up real industry in the UK, and spaffed North Sea oil and gas revenues on her army of unemployed, scrapheaped for life - generations - caused by her smashing up of mass, real industry.

F'ing vermin.

The insiders are laughing at the plebs who believe UK is special, exceptional, has so many assets - branding, marketing, PR, Law, education, culture, heritage, etc, etc. Yeah, but it's got F all actual resources - stuff people want, need - food, energy, good, mass produced, low priced goods.

Okay, it makes bit and bobs, mainly final assembly of imported components and systems, but a fraction of what is needed to support 80m people, on a cold, damp - 9/10 months of the year - island in the N.Atlantic, with next to no solar power for 8/9 months of the year.

Medieval England supported about 3-5m. And that with forests, for energy and construction.

Does no one else see how insane Britain is, its people zombie morons, walking around in a daze of lies, delusions, and propaganda, thinking they are so lucky to be born in this country?

Carney is spilling the beans, letting the cat out, because he and his kind know it's too late for the plebs to react, stop what's happening, what's in store for them, so they're openly laughing - 'you thought the £ had worth?! What are you, five years old?'

They're about to fully pull the rug, from under the feet of these infantile clowns - MBAs. PhDs, etc.

'That £, well... , it's actually worth less than Andrex. That £1m house you just bought in nowhere London/the South East burbs, er, that's worth jack sh!t - in real money - gold, silver, roubles, oil, gas, yuan, etc. Sorry, bud, you're F'ed - you'll own nothing and be happy'.

 

[Centurion]

'You've seen nothing yet'.

'Used car' - tat - prices are insane. Prices are 50-100% more than they should be - before the final collapse - cars will be ungiveawayable.

UK used car prices are the same as UK house prices - buyers stuck in insane delusion and abject fear. They sense there's a trapdoor beneath their feet, but the media, and many similarly brainwashed mates and work colleagues, tell them: 'everything's booming. Just look at the massive shortage of workers and sky high prices for everything'.

Reality is already most sellers are trapped - bought high, now can't sell, due to unstomachable losses. Dealers are sitting on stuff from the winter, hanging on for some mug to pay an insane price, for run of the mill, walk away from in a heartbeat garbage.

The UK is bust. As in 3rd world, banana republic bust. Real UK population is 75-80 million, not the jackanory of the Census, with around one tenth of them being net tax contributors.

The BBC would rather tell you about rocketing prices - nudge, nudge, demand must be huge, bouncing back, post-pandemic pent up etc - than the UK is in a far worse position to pay its way, ever, far exceeding the 1970s and going with the begging bowl to the IMF:

UK trade performance falls to worst level on record in first quarter

Official figures corroborate academic studies showing sharp drop in exports since Brexit

www.ft.com

Brexit led to 14% fall in UK exports to EU in 2021, trade figures say

Goods and services exported to bloc affected by return of customs border, EU commissioner says

www.theguardian.com

- it's not Brexit, whatever the millionaires of Hampstead at The Guardian try to tell you. UK plc has been bust since The City got its puppet to smash up UK industry in the early 1980s, with Bliar finishing it off in the 90s/2000s.

We make nothing, We buy everything. How hard is it to understand that we are bust. 101 stuff - but apparently beyond the wit of the average <40 yr old Brit - with degrees and quals. as long as his/her arm - educated idiot.

We either reduce population to sustainability - 10 million tops now, in UK's productive state - or we reduce the living standard of the ~80 million to 3rd world, or below, status. BOTH are being worked on by 'the elite'.

Like the boiled frog, they want you to go quietly into the night, without realising what happened to you.

They, their Media, will distract you endlessly with viruses/pandemics, 'top-level sport' - passive, mindless watching - celebs of course, the bollox, obvious to a child, of CAGW - 10 deg. C on the 1st July, with 20 deg. C now a heatwave - and of course the gutter antics of buffoons, clowns, c****, criminals, scum, like 'Boris', and 'fragrant (Roman Catholic) Carrie'- see below - the 300 plus Tory Scum, and the heir to the throne - all titillation to keep the pleb distracted form the real agenda - the end of you:

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Agreed. Media do give a sense of false belief that anyone with car is sitting on an appreciating asset.

Sure some cars are in great demand but others are not. Last year my Porsche dealer only had 2 Macans in stock at stupid prices. Now they have 9 in stock at reasonable prices.

I have monitored an April 2021 M4 at a local dealer. Fantastic spec with carbon pack and only 4,000.

Was listed at £82k this spring, dropped to £76k last month, currently at £72k but still on the forecourt. Tony gravelwood cars listed an m4 this week of identical age and mileage for £68k. Not yet sold.

Clearly people aren't rushing out to buy new stock nor are they willing to pay list price for a used car.

 

[tristatez28lt1]

@BMW4ever just like I do in the newsroom threads, you're mostly entertaining yourself here Still, I like reading this!

 

[Matski]

Still, I like reading this!

Really? Multiple daily rants, each a slight iteration on the prior one, prophesying some kind imminent doom, that'll seemingly never come to pass and will have been iterated fully onto to a different issue by the time anyone bothers to hold him accountable - which they won't, because of the tiresome weight of hyperbole and the absence of any probability of reasonable discussion arising....

... but that's just like, my opinion, man.

 

[BMW4ever]

Agreed. Media do give a sense of false belief that anyone with car is sitting on an appreciating asset.

Sure some cars are in great demand but others are not. Last year my Porsche dealer only had 2 Macans in stock at stupid prices. Now they have 9 in stock at reasonable prices.

I have monitored an April 2021 M4 at a local dealer. Fantastic spec with carbon pack and only 4,000.

Was listed at £82k this spring, dropped to £76k last month, currently at £72k but still on the forecourt. Tony gravelwood cars listed an m4 this week of identical age and mileage for £68k. Not yet sold.

Clearly people aren't rushing out to buy new stock nor are they willing to pay list price for a used car.

good info. This isn't a 'market'. There will be no gradual return to equilibrium - say 20% reduced prices, to match demand to supply. This is a fake. With fakes it's either, 'shut up, take my money' - a stampede to buy any rubbish, at any price - or, 'where did all the buyers go?' - total crash.

There is no clearing price for fake-demand cars, houses, x, y, z, widgets. There is just an ON and OFF switch. 'They' are in the process of throwing the switch. 'Pennies on the dollar' will be literal. They, their agents, will swoop in and buy anything decent for a fraction of what some idiot paid for it, 2 to 25 years ago. The majority of stuff will be 'no-bid' - ultimately scrapped. Many '£1m houses' will be 'surprisingly' left empty, go to rack and ruin - the cost of council tax, insurance, maintenance etc, far higher than the worry of 'tenants' that could, will, torch it, smash it up any minute - 'property developers' thrived not on Housing Benefit tenants but guaranteed 10-15%/yr house price inflation.

 

[BMW4ever]

Really? Multiple daily rants, each a slight iteration on the prior one, prophesying some kind imminent doom, that'll seemingly never come to pass and will have been iterated fully onto to a different issue by the time anyone bothers to hold him accountable - which they won't, because of the tiresome weight of hyperbole and the absence of any probability of reasonable discussion arising....

... but that's just like, my opinion, man.

lighten up. You sound like an up yourself millennial, Gen Zer.

Back to real work, in the booming anglosphere - London, NYC, LA, Chicago... - I can't see at all why They want to wipe out such key, ultra talented individuals, and need a War with Russia/China to cover up a phony, Ponzi economy, made up of nothing:

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[BMW4ever]

The last auto exec with balls. The BMW guy isn't bad, refusing to give up on ICE, manual boxes, etc, but Tavares is fearless, and obviously sees the Big Picture, what the EU Kommissars are really up to:

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

- like flying - pay more for express clearance at Security, etc - personal motor travel will soon be the preserve of the rich, only.

Tavares knows this is death for mass makers. Stellantis and around 8m cars/yr, may as well forget it.

I like him. a genuine petrolhead, racer, unlike the effete, marketing man Kallenius at Mercedes for instance. He's too old to care about money, security. But he knows what's coming, and is speaking out for the ordinary Joe, and the fight against the Bolshevik Kommissars, and their Red agenda hidden behind Green.

 

[Matski]

lighten up. You sound like an up yourself millennial, Gen Zer.

Ok, Boomer.

The thing is, politically, we might not be that far apart, nor in our views around the car industry, however, what I cannot stand is people infusing a reasonable standpoint with 500% hyperbolic, unsupported, bullshit. Calling that out is just being sensible, and has nothing to do with when you were born.

 

[tristatez28lt1]

Tavares is smarter than what he publicly speaks about... I like him a lot and believe him to be top two auto CEOs, but let's think further than those PR statements and what he has to gain/lose.

 

[CrunchSlaughtered]

Tavares is smarter than what he publicly speaks about... I like him a lot and believe him to be top two auto CEOs, but let's think further than those PR statements and what he has to gain/lose.

Who is the other one in the top two?

 

[BMW4ever]

Who is the other one in the top two?

Oliver Zipse - 'The Quiet Man' - 'talk softly, carry a big EV - iX'.

 

[BMW4ever]

Just a quick example, of the insanity of the UK car market:

Auto Trader UK - New and Used Cars For Sale

Find your next car with Auto Trader UK, the official #1 site to buy and sell new and used cars. Over 400,000 cars online. Simple, easy, quick!

www.autotrader.co.uk

- basically unsellable. Almost 5 years old, decent amount of miles under its belt, infamous made of cheese Ingenium engine, out of warranty - no Goodwill from JLR, if/when the Ingenium or g/box grenades - real-world low 20s mpg around town, at £2/litre, probably eats tyres and brakes, ~£400-700 for a service at stealership, etc.

Who in their right minds is going to buy that.

Most of these purchases - ~£35-55k 'premium SUVs - were paid, PCP, leasing etc, by house prices going up on average ~£100/day.

Now, they just look what they are - '£24k for a near-shagged, non-descript lump of tired, 'premium', cost an arm and a leg to run, blob-SUV, that's tiny inside? Are you mad?'.

 

[CrunchSlaughtered]

Oliver Zipse - 'The Quiet Man' - 'talk softly, carry a big EV - iX'.

Ha, Zipse can't hit the broad side of a barn!