Quote:
Originally Posted by Got the Bug
They're planning a 100 car run at $475K per car.
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Ha........that's a business plan destine to fail. I love when these guys gin up a business plan that has annual production in the 1000's of cars or a price tag like $475K.
The Ford GT took hundreds of millions of dollars in development costs (engineering and facilities) and at best they could do was a couple thousand a year at $150K a piece. And that was with UNLIMITED amounts of resources of anyone we needed within Ford's engineering/manufacturing ranks....no questions asked.
These guys are on crack to think they will sell 100 of them a year at 1/2 million a piece. Unfortunately the only way to make the business model look like it will make money is to jack the annual production forecast in the 1000's or way overprice the car so the investment bankers will actually lay out the capital to fund the project.