Comments on: Not a penny of taxpayer money for Jaguar, please http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 09 Feb 2012 20:05:58 +0000 hourly 1 By: rugfish http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9121 rugfish Sat, 16 Oct 2010 22:46:37 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9121 On SKY - "The US government is to offer the country's ailing car makers up to $17.4bn in short-term loans - but on strict conditions". Well bang goes that idea then. If the yanks are doing it, it MUST be right.....( He says with a puzzled look ) On SKY –

“The US government is to offer the country’s ailing car makers up to $17.4bn in short-term loans – but on strict conditions”.

Well bang goes that idea then.
If the yanks are doing it, it MUST be right…..( He says with a puzzled look )

]]> By: DBC Reed http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9127 DBC Reed Sat, 20 Dec 2008 22:04:15 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9127 Rather dispiriting reading so many stalwart right -wingers slobbering over conspicuous consumption cars.And what is the petrol consumption on these things? Never mind, there will always be unemployed young men to get killed fighting for oil supplies. Is it really a good idea to go on producing such expensive cars in a slump? Perhaps Jaguar suffers from the same problem as the American car giants : that nobody is interested in buying the cars because they are outdated not just stylistically but because they do not fit a modern economic demographic. Rather dispiriting reading so many stalwart right -wingers slobbering over conspicuous consumption cars.And what is the petrol consumption on these things? Never mind, there will always be unemployed young men to get killed fighting for oil supplies.
Is it really a good idea to go on producing such expensive cars in a slump? Perhaps Jaguar suffers from the same problem as the American car giants : that nobody is interested in buying the cars because they are outdated not just stylistically but because they do not fit a modern economic demographic.

]]> By: number 6 http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9126 number 6 Fri, 19 Dec 2008 20:27:25 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9126 Ah, the 1970s motor industry, let us not forget what government intervention can do to save the day - the Allegro, the Marina, the Ital. I am getting misty eyed just thinking about these automotive icons that are still discussed with the same reverence reserved for Rolls-Royce, Cadillac and sundry Italian super cars. Time to dig out the flares, crack open a Watneys Party Seven and celebrate Christmas in the true 1970's spirit as the lights go out due to lack of power supply on the national grid and Comrade Brown resumes tractor production (via India) at the remaining car plants. Ah, the 1970s motor industry, let us not forget what government intervention can do to save the day – the Allegro, the Marina, the Ital. I am getting misty eyed just thinking about these automotive icons that are still discussed with the same reverence reserved for Rolls-Royce, Cadillac and sundry Italian super cars.

Time to dig out the flares, crack open a Watneys Party Seven and celebrate Christmas in the true 1970′s spirit as the lights go out due to lack of power supply on the national grid and Comrade Brown resumes tractor production (via India) at the remaining car plants.

]]> By: mikestallard http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9125 mikestallard Fri, 19 Dec 2008 19:00:19 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9125 Allow me to contrast our host's behaviour when placed in charge of a failing company with that of Lord Mandelson's career so far. Reducing his own perks to set an example, our host tells the truth about his love affair with Jaguar and how it turned sour. Sad, yes. But also truthful and open. The man in charge of this possible bail-out, however, is somewhat obscure. With Mr Deripaska, I am not at all sure we ever got near the truth. And wasn't there something else dodgy about a mortgage somewhere? Wasn't there, too, something about Indians getting to the front of the queue with passports? Or was that someone else? Allow me to contrast our host’s behaviour when placed in charge of a failing company with that of Lord Mandelson’s career so far. Reducing his own perks to set an example, our host tells the truth about his love affair with Jaguar and how it turned sour. Sad, yes. But also truthful and open.
The man in charge of this possible bail-out, however, is somewhat obscure. With Mr Deripaska, I am not at all sure we ever got near the truth. And wasn’t there something else dodgy about a mortgage somewhere? Wasn’t there, too, something about Indians getting to the front of the queue with passports? Or was that someone else?

]]> By: Derek W. Buxton http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9124 Derek W. Buxton Fri, 19 Dec 2008 16:44:13 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9124 Goveernment money for Jaguar, not really a bright idea when the Indian owners are going to bankroll Ferrari F! team next year. Derek Goveernment money for Jaguar, not really a bright idea when the Indian owners are going to bankroll Ferrari F! team next year.

Derek

]]> By: wonderfulforhisage http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9123 wonderfulforhisage Fri, 19 Dec 2008 16:42:15 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9123 I read this as a rebranding parable. I've voted Tory in every election since 1959 and now intend to vote UKIP. I read this as a rebranding parable. I’ve voted Tory in every election since 1959 and now intend to vote UKIP.

]]> By: alan jutson http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9122 alan jutson Fri, 19 Dec 2008 15:41:12 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9122 The sales of jaguars and most other large luxury cars were going well until last year. They are not now, not because of the credit crunch, but because this greedy government increased the cost of running them by introducing higher road tax, a new showroom tax and the increasing cost of petrol duty. They now are not getting the increased tax as the values of second hand models are worth next to nothing (so trade in values poor) if you wanted a new one. So no one wants to buy a car that will depreciate like a stone. The government are now being asked to subsidise the very industry they thought they could rob of some more money via increased taxes. The problem is they may now have to suffer the subsidy without the tax revenue. Talk about cutting off your nose to spite your face. no real surprise they have done it with almost every other business they have got involved in. lending to the Banks at 12% then expecting them to loan out the money at 2-3% no wonder its not happening. On another thought the new XF looks like a Lexus not a Jaguar No guesses which is more reliable. The sales of jaguars and most other large luxury cars were going well until last year.

They are not now, not because of the credit crunch, but because this greedy government increased the cost of running them by introducing higher road tax, a new showroom tax and the increasing cost of petrol duty.

They now are not getting the increased tax as the values of second hand models are worth next to nothing (so trade in values poor) if you wanted a new one. So no one wants to buy a car that will depreciate like a stone.

The government are now being asked to subsidise the very industry they thought they could rob of some more money via increased taxes.

The problem is they may now have to suffer the subsidy without the tax revenue. Talk about cutting off your nose to spite your face.

no real surprise they have done it with almost every other business they have got involved in.

lending to the Banks at 12% then expecting them to loan out the money at 2-3% no wonder its not happening.

On another thought the new XF looks like a Lexus not a Jaguar
No guesses which is more reliable.

]]> By: Bazman http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9120 Bazman Fri, 19 Dec 2008 15:02:44 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9120 The sad truth is that no company can ever be supported by wet eyed enthusiasts. Toyota Corollas are very boring, but are a massive seller. Lexus part of Toyota are leading the way in luxury cars Honda cars are getting better. Suzuki seem to be successfully experimenting. Soon we will see the luxury Japanese car with the badge and reputation worth something. Next we will be reading about import restrictions on luxury cars. Any supporters? The sad truth is that no company can ever be supported by wet eyed enthusiasts. Toyota Corollas are very boring, but are a massive seller. Lexus part of Toyota are leading the way in luxury cars Honda cars are getting better. Suzuki seem to be successfully experimenting. Soon we will see the luxury Japanese car with the badge and reputation worth something. Next we will be reading about import restrictions on luxury cars. Any supporters?

]]> By: Stuart Fairney http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9119 Stuart Fairney Fri, 19 Dec 2008 14:45:49 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9119 Which when you think about it, is a nice metaphor for socialism. Punish the responsible/successful and give money to the failed or the indolent. Which when you think about it, is a nice metaphor for socialism. Punish the responsible/successful and give money to the failed or the indolent.

]]> By: Stuart Fairney http://johnredwoodsdiary.com/2008/12/19/not-a-penny-of-taxpayer-money-for-jaguar-please/#comment-9118 Stuart Fairney Fri, 19 Dec 2008 14:44:17 +0000 http://www.johnredwoodsdiary.com/?p=2412#comment-9118 I thought it was only me thinking that way, well said indeed. I thought it was only me thinking that way, well said indeed.

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