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oop north



Member Since: 23 Mar 2016
Location: Preston-ish
Posts: 59
United Kingdom 
lightning wrote:
lt certainly works well on mine, no complaints at all. Let's hope Land Rover get back into profit in the near future.

They announced this week they made a profit in the fourth quarter of 2022
Post #979944 26th Jan 2023 10:44pm
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Moo



Member Since: 01 Oct 2021
Location: UK
Posts: 1367
Ukraine 
Lets hope they sort the dealer network and reliability out. It would certainly help profitability.... Thumbs Up
Post #979946 26th Jan 2023 10:51pm
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jim4244



Member Since: 13 Apr 2014
Location: Bedfordshire
Posts: 777
England 2007 Defender 90 Puma 2.4 CSW Zermatt Silver
Hmmm? No e mail received? 🤔

Jim
Post #979984 27th Jan 2023 8:04am
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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 2759
United Kingdom 
oop north wrote:
lightning wrote:
lt certainly works well on mine, no complaints at all. Let's hope Land Rover get back into profit in the near future.

They announced this week they made a profit in the fourth quarter of 2022



Probably due at least in part to the 10% price increases in 2022.
Post #980108 27th Jan 2023 8:56pm
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Co1



Member Since: 19 Aug 2018
Location: North Yorkshire
Posts: 3674
United Kingdom 2013 Defender 90 Puma 2.2 HT Loire Blue
^^^ I wouldn’t think 10% would make that much impact on profit given the rise in cost of raw materials, energy and general inflation.
Post #980139 28th Jan 2023 7:05am
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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 2759
United Kingdom 
l wonder how they've done it then, from the losses they posted in the last few years.

However it's happened it's got to be a good thing. lt's surprising how car makers who seem to have full order books and their products are popular, can still make losses

l believe British Leyland for instance, never made any actual profit from the original Mini.
Post #980155 28th Jan 2023 9:53am
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chalky



Member Since: 09 May 2008
Location: Yorkshire
Posts: 483
United Kingdom 2008 Defender 90 Puma 2.4 XS CSW Tonga Green
They’ve probably shown a profit as some one will no doubt be looking at buying it….. DEFENDER XS CSW 08 TONGA GREEN
Post #980173 28th Jan 2023 12:58pm
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Co1



Member Since: 19 Aug 2018
Location: North Yorkshire
Posts: 3674
United Kingdom 2013 Defender 90 Puma 2.2 HT Loire Blue
I’m not super attuned to car manufacture, but my understanding is that the profit margins aren’t huge and rely on volume of sales. Don’t quote me, but I’m sure someone once mentioned to me that Nissan were about 1.5% margin, maybe less. That’s why the supply chains have to be so lean. Would not take a great deal to swing either way.
Post #980196 28th Jan 2023 6:24pm
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markb110



Member Since: 22 May 2010
Location: Guildford
Posts: 2634
England 2002 Defender 90 Td5 HT Epsom Green
Probably hired Nadhim Zahawito to oversea the accounts..... Whistle

Looking at the right to roam over on Dartmoor it only cost £5k to buy a Tory to get your way.
Post #980199 28th Jan 2023 6:26pm
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Co1



Member Since: 19 Aug 2018
Location: North Yorkshire
Posts: 3674
United Kingdom 2013 Defender 90 Puma 2.2 HT Loire Blue
Rolling with laughter
Post #980201 28th Jan 2023 6:35pm
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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 2759
United Kingdom 
jim4244 wrote:
Hmmm? No e mail received? 🤔

Jim



l don't think they dare, after the comments in this thread
Post #980213 28th Jan 2023 8:45pm
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XplusYplusZ



Member Since: 16 Aug 2021
Location: UK
Posts: 484
For sure they've throttled production of lower value models and configuration options.
So the 10% hike in base prices, comes on top of pushing customers up into more expensive models/packs.

Depending on how the measurement is made, they do have record numbers of orders - mainly due to the new RR and RRS launches. I'm not sure that should affect actual profits, but for sure they've generated a lot of new business.
Post #980643 31st Jan 2023 12:16pm
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