Europe Distribution of the Ineos Grenadier in France: a growing network of agents

[DCPU]

Some interesting snippets:

"On the sidelines of a visit to the Hambach factory where Lynn Calder and Philippe Steyer confirmed that Ineos intends to produce 15,000 Grenadier in 2023, then 30,000 in 2024"

"Before adding that with the transition to two teams, the Hambach factory will significantly increase in power in 2024 to produce 30,000 Grenadier. Enough to serve the 31 countries where Ineos Automotive is established , pending the arrival in the United States at the end of 2023"

"The agent's contract, which can be renewed for three years, is based on direct invoicing from Ineos Automotive to customers and on fairly standard KPIs, and Shashi Vaidyanathan is transparent about the rules of the game of remuneration: " 6% on the sale of a Grenadier and an additional 1% if the car is financed with our partner Santander Consumer Finance” . In his view, each distributor, who officiates in a large catchment area, should sell an average of 150 vehicles per year.

Currently, the delivery time of a Grenadier to the end customer is four months , it was six months until recently."

" pending contracts in the military sector, discussions being initiated with the Ministry of the Armed Forces. At the time of the European Green Deal, the main difficulty of the file is paradoxical, because the army is in fact looking for vehicles equipped with engines capable of operating with poor quality gasoline, which is often the case in conflict zones. . Schematically, more the Euro 4 label than Euro 6."

Distribution de l'Ineos Grenadier en France : un réseau d'agents en croissance

En marge d’une visite de l'usine d'Hambach où Lynn Calder et Philippe Steyer ont confirmé qu’Ineos compte produire 15 000 Grenadier en 2023,...-constructeurs

www.auto-infos.fr

 

[DCPU]

So some fag packet calcs...

2-SEAT UTILITY Wagon FROM £64,500.00
5-SEAT UTILITY Wagon FROM £65,000.00
STATION WAGON FROM £76,000
QUARTERMASTER FROM £66,215

If average sale cost in UK is taken as £68,000 (at current list price) . Agent is getting £4,080 per vehicle. If average sales volume is 150 vehicles, then that's £612,000 per annum.

If average sale cost in UK is taken as £72,000 (at current list price) . Agent is getting £4,320 per vehicle. If average sales volume is 150 vehicles, then that's £648,000 per annum.

If average sale cost in UK is taken as £76,000 (at current list price) . Agent is getting £4,560 per vehicle. If average sales volume is 150 vehicles, then that's £684,000 per annum.

 

[DCPU]

Average sales volume for UK is supposed to be 240 vehicles (6,000 vehicles across 25 outlets)

Door ‘closed’ to new dealers at Ineos Automotive as firm begins roll-out of Grenadier

Sales and marketing boss Gary Pearson speaks exclusively to Car Dealer about brand’s plans https://cardealermagazine.co.uk/publish/door-closed-to-new-dealers-at-ineos-automotive-as-firm-begins-roll-out-of-grenadier/281966 Some interesting snippets of info in there: "Residual values for models...

www.theineosforum.com

So for UK market:

If average sale cost in UK is taken as £68,000 (at current list price) . Agent is getting £4,080 per vehicle. If average sales volume is 240 vehicles, then that's £979,200 per annum.

If average sale cost in UK is taken as £72,000 (at current list price) . Agent is getting £4,320 per vehicle. If average sales volume is 240 vehicles, then that's £1,036,800 per annum.

If average sale cost in UK is taken as £76,000 (at current list price) . Agent is getting £4,560 per vehicle. If average sales volume is 240 vehicles, then that's £1,094,400 per annum.

 

[Tazzieman]

Thar's a lot of maths for a Friday.