So shiny is currently sitting in the parking/garage in Positano whilst I perform a few tasks. Italians are among the few nationalities that genuinely love cars top to bottom. When I put it in for the first time (after three hard days squishing flies on the road down) they washed it without being asked. Or charging for it.
Accounts are splendid things to decipher. I suspect we have a few on the forum that can read them better than me! From my shallow pool of understanding it does appear to have taken a whack in order to sort things out on the balance sheet. Makes it a clean sale right? Just need to put a bow on it. As Geely/SIAC etc turn the car market into an offshoot of eBay with a thousand brands selling the same nuts and sparks we will need something to love.
1. Whilst figures have gone up it is interesting to see the "stock" and where it is now, how many are ex-dem/low mileage sitting at the dealers? 2. As mentioned moving numbers around to take tax advantage elsewhere and optimise is a smart thing? 3. It does feel like it is becoming more forward looking than interested in historical family, born out by my recent parts issues on the Aero. 4. If they are looking to sell on it would be good to clear out in 2023 and get a good 2024 to show progress for a potential new buyer, but who would that be in this climate? Things have changed quite a bit in the last few years. As mentioned above, prey for it not being another battery transplant. Even the little-adjacent MG Cyberstar would mean instant rejection by me, same as the various Not-a-Lotus cobblers.
It is easy to assume all these Chinese companies are doing well but if you peek under the cover the fiscal climate in China has become stressed recently. As always the content in on the interweb so no warranty is provided but Much of what this chap mentions seems sensible.
This seems more deliberately negative but is worth it for the intrigue. Broad content across China as a whole.
I would love to know what the R&D spend is outside of (very good) fresh pencils for the design team and better spanners and parts selection.
May we live in interesting times.
I could look at a modern 911 or even an old one but how you are treated when you turn up almost anywhere in the Coupe makes every trip feel special. Driving up the little one way road out of Positano in it brings more joy and smiles which I don't think I will ever get used to. Yes the air con failed on the way down. Yes it broke down again (not its fault, poor local petrol) and Mr Borghi was as kind and quick to offer assistance as ever. Don't care, driving it along the coast road can't be beaten for an experience. Hard to smile at the moment for a few reasons but this trip has knocked the whole edge off it, because of the Coupe and its little bubble of love. I do hope they don't gaff it with any next transition.
Everyone loves a Morgan. Even me, unless it's broken again.