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Joined: Aug 2013
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Formerly known as Aldermog
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Formerly known as Aldermog
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Originally Posted By Dean-Royal
Aldermog

Your avatar intrigues me.....are you kissing a Goldfish ? wink


Nah...eating a large prawn!


Peter,
66, 2016 Porsche Boxster S
No longer driving Tarka, the 2014 Plus 8...

Joined: Apr 2011
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Needs to Get Out More!
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Originally Posted By Mike Hughes

It's now alleged in the public domain, what I suspect several on here already knew , that CM was rather gung-ho and reckless in his management style and MMC have paid a high price for it.


I still think we need to be careful about reading too much into what may or may not have been alleged.

What is certain is that in family companies it is often the case (and I stress that I am talking in the abstract here...) that huge resentment can build up amongst other shareholders when the one who is actually running the business seems to be using the business as a personal fiefdom, living high on the hog, taking a large salary and benefits whilst the rest of them are rewarded with disappointing dividends. The business side of things may also become clouded by emotional issues such as family break up, nubile new wife and so on.

The grandfather of one of my oldest friends arrived in England as a penniless Jewish refugee just before WWII. He built a business which ended up with a full stock exchange listing (tho' the family still owned about half of the business between them). He put all of his children and grandchildren through Public School and University, had a personal checking account with the bank of England and so on. After his demise my friend's uncle took over as MD. He paid himself handsomely, & had a fancy new Mercedes every year while the rest of them got less and less return. They should have ousted him; within 6 years the business was bankrupt, and the rest of them lost their birthright.

The uncle in question ended up as a Business Studies Lecturer......


Giles. Mogless in Paris.
Joined: Nov 2007
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Lots of wisdom coming through loud and nicely! How civilised.

I still think an Aero chassis with narrower wings could be produced for a cheaper car. But only sensible if the trad chassis cannot be continued...

There ought to be a strategy for taking the trads forward, but I bet this one ain't so simple.

Faith, comrades, and let's offer the civilised responses the management team needs, with or without CM. I still like the CM thing though, and will take some persuading that knee-jerk changes are good. Never worked in my experience...

Joined: Aug 2008
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Originally Posted By pandy
What is certain is that in family companies it is often the case (and I stress that I am talking in the abstract here...) that huge resentment can build up amongst other shareholders when the one who is actually running the business seems to be using the business as a personal fiefdom, living high on the hog, taking a large salary and benefits whilst the rest of them are rewarded with disappointing dividends. The business side of things may also become clouded by emotional issues such as family break up, nubile new wife and so on.




1972 4/4 2 Seater
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Originally Posted By Pete.G


out of curiosity if the Aero had not been around what would Aero owners have purchased?



Personally, I would have probably bought my fourth Porsche - despite the fact they were no longer hand built or charismatic. So glad I didn't have to...

And like Asbo, once introduced to the Morgan marque I went on to buy trads (both new). So don't underestimate the importance of the Aero in expanding Morgan's appeal.


Stuart
"There's no skill substitute like cubic inches."
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Scruffy Oik
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Originally Posted By Aldermog

To get a young owner group they need to make a car that can be sold for less than £25,000 and is cheap to repair. I don't think that, given the way Morgan builds cars, this is possible.


I think you're quite right about getting the entry level down as low as possible. Caterham offer factory-built Seven 160s for £18k, so 25k isn't completely out of order, I would have thought - but the insurance issue is always going to be a killer.

For me, the best strategy for Morgan would be to focus on their core buyers: middle class middle aged blokes who want something different and characterful, and have got 30 to 60k to spend on a car which is rewarding to drive but not unusably fast.

Competing with Aston, Ferrari and Porsche is never going to work, the buyers are just too fickle and intolerant.

This doesn't mean I think they should stick with the trad designs, I think a combination of aero-style chassis, modern 4-cylinder engines, and a slightly more aerodynamic (and crash friendly) DHC body shape could be a winner.


Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE
Joined: Jul 2011
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Originally Posted By wiscos
I Rather than knocking the cost of the Aero I believe it is time to use the Aero chassis and the lessons learned more intelligently...

...we also all need to acknowledge that the trad chassis cannot last for ever in a world with increasing technology and legislation unless Morgan is to simply become a small niche maker of relics.

Bring out an Aero 6 GT3 or even an Aero 4. Give it a boot and a half decent hood. Take the old TVR market, and by all means create a 4/4, Plus 4 or similar on the Aero chassis too.


Well said that man!!!

I know Charles was an admirer of what JLR has done with its modular aluminium chassis and seemed interested to hear if there was appetite for a 'skinnier' but simplified Aero-style chassis to underpin the trad body style for the smaller engined models.

I have to declare a bias here - would pretty much be my ideal.

Hope change re: CM doesn't put this one entirely off the development radar.



Stuart
"There's no skill substitute like cubic inches."
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NGUNS!!
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NGUNS!!
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Originally Posted By Mike Hughes


Some very interesting information on the various Pistonheads threads on this subject.



Yes maybe but please take into account the views/agenda/belief of the main current poster who is well known in the Morgan fraternity.

Shame really as there are a few interesting points shrouded and clouded with bias and agenda.


Cheers

BtG
Joined: May 2008
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Originally Posted By twotribes
Originally Posted By Pete.G


out of curiosity if the Aero had not been around what would Aero owners have purchased?



Personally, I would have probably bought my fourth Porsche - despite the fact they were no longer hand built or charismatic. So glad I didn't have to...

And like Asbo, once introduced to the Morgan marque I went on to buy trads (both new). So don't underestimate the importance of the Aero in expanding Morgan's appeal.


I would have stayed with my +8 and upgraded the steering and suspension for touring style motoring

Joined: Oct 2013
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I think MMC would probably not be in operation today if the Aero didn't happen.

That car, good enough to be front page of car magazines, good enough to face top end cars in comparative tests, good enough to show up in TV shows, good enough to battle Porsches, Ferraris, Corvettes, Audi R8s - and WIN - in professional GT racing, made Morgan visible - therefore existent - to generations that weren't aware of it.

Also, even for those that knew the brand existed, this car made Morgan look very different from the general idea that it was some kind of anachronic antiquity bound to die, where someone forgot to "pull the plug" a few decades ago, where somehow a couple of blokes working in a shed still managed to make enough money to live from it.

Indeed because of the Aero, people understood the trads were not a relic, but an option from a manufacturer that could do other things too. And stay modern, not losing its soul.

I say all this but I will also add that the Aero cars never got me interested. Probably because I'm not rich enough to own one, probably because I just love the trads for what they are.

I find the Morgan-Nissan-OAK LMP2 "adventure", and the money that went into it (another point of debate elsewhere) less interesting and more debatable indeed. But I will say that keeping the name MORGAN repeatedly spoken and written in motorsports events like Le Mans, and motorsports news all over the world, adds to give global awareness to the brand too. IMHO, in a positive way,

The 3 wheeler is a success, I don't think there's a doubt about it. I keep delaying my order because I'm sincerely worried with the issues I keep reading about (especially the bump steer and the bevel box)and I want to hear a clear and reassuring word from MMC that they dealt with these teething issues.

So, what can I say bad about how and where the leadership of Charles Morgan took Morgan to? I read elsewhere (PH) that the company has financial difficulties, that the Aero's aren't selling, the trads aren't selling and the 3 wheeler is selling but doesn't provide enough money to keep it all going. If this is true, it is a somber truth. But all this family "debacle" won't help to any of it. And a "go back to basics" route, ditching the big Aero cars and the semi-Aero new Plus8 is hardly the right answer. Based on what I read being written these last days (but not my own experience) I'd say CLIENT-CARE and BUILD QUALITY CONTROL should be the main priorities to clear potential buyers from their understandable doubts and fears.

To end this post I will also say that Morgan, as a loved brand, has in its DNA the fact that it belongs to the Morgan family. I am aware that with or without Charles Morgan it will still be a family owned company, but there's a unavoidable path away from this reality if and when no family member is involved with the day-to-day decision making. The emotional connection between the family members and the company quickly fades, and its place becomes replaced by the "old'n cold" question: Do I want my shares and the dividends that may or may not end up in my bank account? Or do I want to sell?

Anyway, I am saddened by all this. I read a guy in PH saying he got a Morgan car (think it was a +8) and sold it ASAP because the car was full of problems since day one and kept needing a mechanic throughout all the time he had it. This being written out there - be it true or false - is BAD for the brand. And I chose to write my own post in the "public section" of these forums because I want to leave it in writing that I bought a Morgan Plus 4 in 2010. That I already clocked almost 20.000 kms in it WITHOUT THE SLIGHTEST ISSUE OR PROBLEM. And, also, that I RACE that same car. And that I drive it from home to the track area, and back by road to my own home. My car is the embodied epitomy of a "RACE IT SUNDAY, DRIVE IT MONDAY" car.

And I repeat: 0 (ZERO) problems. May it long last, And may I long live to drive and race it.

Last edited by MarioCP; 27/10/13 03:16 PM.

2010 Morgan +4
Me racing it: http://youtu.be/CQgT2vMLEUo
2014 M3W Brooklands
To be raced
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