Now… we have to be somewhat careful about what we say about TVR. Our lawyer is present during the writing of this post. We are sourcing all our information from the excellent scribes over at Autocar who reported on TVR’s current trials and tribulations using nothing more than a pen, writing pad and good old fashioned verbatim. What immediately grabbed our attention was TVR’s plan to use “semi-Skilled workers” for production, as revealed by Autocar. That is a worrying admission considering TVR expects to retail the Griffith for £100,000. For £15,000 more you can buy a Porsche 911 4S. There is a reason why Porsche uses highly trained workers.
TVR will employ a Gordon Murray method of manufacturing. The so-called iStream process requires “little on-site tooling” reports Autocar. External suppliers will essentially pre-manufacture major components of the car such as the tubular steel chassis and bonded-in composite panels. More worrying is that TVR is intent on employing a “Porsche style business model” reports Autocar.
TVR will offer multiple derivatives from entry-level models to “plusher” GT models. There is a cost element to offering such a service of course which means a very limited edition sports car, nearly eight years in the making, may well end up costing more than a Porsche 911 4S once all these proposed options are finally factored in. TVR has been beset with delay after delay, the blame has largely fallen on the EU.
TVR is also planning to raise more than £25 million from Irish bond markets. A bond is a type of loan. In other words, TVR is already going into debt. The Ebbw Vale factory is ridiculously huge, as an example its bigger than Aston Martin’s production facility. Aston Martin makes, on average, around 5,000 cars per year. The TVR site is over capacity for its needs.
TVR hasn’t made anything just yet, the planned Ebbw Vale factory needs repairing and that process is going at a “snail’s pace”. However, if all goes to plan TVR will make 500 cars. Over what time frame? how long does it take To manufacture a TVR? TVR bosses claim everything will be up and running by 2022. This is the point where our lawyer comes into action and demands we do not express a personal opinion.
So we will use some well-worn quotes to express our impartiality, critical analysis, top-quality journalism.
Well used quotes said when you think that there is no chance at all of something happening:
Pigs might fly
Deep doubts, deep wisdom; small doubts, little wisdom
When you drink water, remember the spring
Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.
Dig the well before you are thirsty
Doubt grows with knowledge.