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This seems too suspicious, now that they had a 95% drop in sales after their absurd and completely detached from reality rebrand, from about 1 year ago. This e
by wtcactus 1y ago
This seems too suspicious, now that they had a 95% drop in sales after their absurd and completely detached from reality rebrand, from about 1 year ago.
This excuse that they were attacked by an external player and then the government (i.e. the unwilling taxpayers of the UK) coming in to save them from their own ubris, just looks too much like a scam.
- CommanderData 1y agoIts very suspicious.. + artificial scarcity. JLs cars were becoming more and more difficult to insure because of high theft rates and poor manufacturer deterrents. 10k car insurance quotes were not unheard of in London. It caused a massive sale event and the second hand market spiked causing massive devaluation, at one point JL were even offering their own car insurance.
- ivorbuk 1y agoThis is incompetence, pure and simple. They had incredibly fractured internal systems, multiple owners who refused to invest for the long term and then Tata - who outsourced it all to teams who aren't doing anything with any urgency. Ticking bomb waiting to happen.